ESG and the Lieferkettengesetz

Do you recognize this?

In August, the first companies, which have been covered by Germany's Lieferkettengesetz since Jan. 1, 2023, will have to start reporting on the fulfillment of their obligations under that law. Next year, all companies that came within the scope of the law from Jan. 1, 2024, will follow.

Do you have an SME company in the supply chain of food, automotive and pharma? Then even more than other companies, you will have to deal with the Lieferkettengesetz, audits and other compliance requirements.

How do you become ESG compliant under the Lieferkettengesetz?

The Lieferkettengesetz requires companies to require their suppliers to become compliant under the Lieferkettengesetz.

This means, among other things, that you should start taking the following measures:

  • You must adhere to international standards in the areas of human rights, worker protection, habitat conservation and the environment;
  • Within your company, you need to train your staff on respecting human rights. This is especially important for your buyers, who need to become alert to sustainable purchasing'
  • You must require your suppliers to comply with the Lieferkettengesetz as well;
  • You will have to cooperate in audits of your client, to verify that you are compliant and what measures you are taking to prevent violations of human rights, environmental standards, etc., and avert their negative consequences;

That sounds like an impossible task for an SME. Who is going to do that within the company? How are you going to do that?

The solution of LAW/FIRM

You can spend a lot of money on specialized agencies and get bogged down in endless details. Because you can already achieve great results with relatively simple measures, we are happy to help you take things as simply as possible and appropriate to your business.

How do we do that? For this, we have a tailor-made 'Lieferkettengesetz compliance for SMEs' package for you

  • We have a simple traffic light diagram for you that you can use to check all incoming customer requests for compliance with the Lieferkettengesetz. After all, you don't want to do too little, but you certainly don't want to take on unnecessary work either.
  • Supplement your general purchasing and sales terms and conditions so that you are contractually compliant on the purchasing and sales side. That saves a lot of discussion about additional contracts.
  • An easy to read and use supplier codex for your suppliers. After all, no one is waiting for unnecessary hassle and open contracts.
  • A human rights codex for your own company and a simple staff training so that everyone is up to speed, but that it doesn't take anyone's time unnecessarily.

The solution for you?

Are you interested in completing the package for your company? Want to know more about the cost and time it will take for you and your colleagues? Contact Esther Tromp, (E: esthertromp@law-firm.international, T: +31655741267).

M&A/FIRM
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