CSDD – The EU Supply Chain Act On December 1, 2022, the EU member states agreed on an EU supply chain law. This directive is an important milestone for the protection of the environment and human rights both inside and outside of Europe. It obliges large companies to investigate potential and actual violations of human…
The due diligence requirements of the Supply Chain Act in detail The German Supply Chain Due Diligence Act or LkSG (from German Lieferkettensorgfaltspflichtengesetz) specifically lists 9 obligations. You can find out exactly what these mean in this brief overview. 1. Setting up risk management Companies must establish appropriate and effective risk management to comply with…
The supply chain due diligence act in brief On January 01 2023, the German Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz, or LkSG) came into law in Germany. The aim of the act is to prevent human rights and environmental violations in the supply chain through consistent risk management and is aimed at both the company’s…