German Supply Chain Due Diligence Act: Impact & Implementation
The German government's new Supply Chain Due Diligence Act makes the sustainable and socially responsible transformation of supply chains a mandatory program for companies. However, organizations should also tackle the next development stages in order to anchor sustainability deeply in their supply chains.
Implementation of the Supply Chain Due Diligence Act: an important step towards a sustainable supply chain
The Supply Chain Due Diligence Act passed in June 2021 has brought movement into the topic of social and environmental compliance of supply chains. However, systematic implementation represents a massive challenge for companies, encompassing many aspects: increased transparency about the origin of products, integration of clear standards into procurement and management processes, active risk management to identify potential breaches of obligations and systematic implementation of preventive and remedial measures.
Organizations should approach implementation strategically and proactively: robust realization of risk management and reporting requirements in the Supply Chain Due Diligence Act must be quickly followed by deep embedding of sustainability in supply chain processes and support through technology and automation. CAMELOT guides you in this process.
How we help clients
The value chains of the future incorporate environmental and social aspects not only from a risk management perspective. They also structurally change their design and business models.
Render Post Preview here
CAMELOT links strategy to execution to make improvements real – based on superior practices in our core industries and strong innovations.