Prepare your organization optimally for the new law. Learn what you can and should start doing today. Request the checklist!
Familiarize yourself with the future requirements. Note that the German Act is expected to be replaced by a European directive.
Management shall provide a policy statement on due diligence that outlines the process, risks and expectations.
Map your supply chain. Who are the direct suppliers and (if known) who are the indirect suppliers
Identify, prioritize risks, derive mitigation actions, and verify the effectiveness.
Establish Bafa reports and introduce a complaints mechanism
The Supply Chain Act is hitting large companies and very likely small businesses as well. Learn how you can prepare.
Some European countries already have it (France, the Netherlands, Great Britain, Switzerland). Germany now wants to follow suit. The EU Parliament will vote on March 8. It is expected that the Commission will initiate a legislative procedure.
Policy statement - Adverse impacts on Human rights - Measures and effectiveness monitoring - Reporting - Grievance mechanism.
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