Description

Supply Chain Act (Act on Corporate Due Diligence in Supply Chains)

The Act on Corporate Due Diligence in Supply Chains, also known as the Supply Chain Act or Due Diligence Act was published in 2021.

In simplified terms, this will require companies selling products in Germany to end customers to demonstrate that they themselves and their supply chain respect and comply with basic human rights, as applicable to business contexts.

The aim of the law is to regulate corporate responsibility for the observance of human rights in relation to all products manufactured and sold in Germany.

Companies must provide proof of compliance to authorities or organizations that have yet to be defined. From 2023, there will be heavy financial penalties if it can be proven that the underlying obligations have not been met.

However, the idea of the law is not just to create more reports and increase bureaucracy, but for companies to actively deal with the issues and process them in a formative way.

We see this as a standard management function of every company and not as a fundamentally new requirement. Many companies have already anchored compliance and sustainability requirements in their supply chains on a voluntary basis.

All modern management systems of companies must be oriented to the context of the organization and be designed in such a way that changes in e.g. legal requirements and expectations can also be incorporated.

Risk management and due diligence with regard to economic and legal risks and in the event of non-compliance with customer expectations is daily practice. Here, risk management only needs to be extended to include sustainability aspects if it has not already been implemented anyway.

Of course, all of this must be anchored in the company's value system by top management.

In this event, we want to give you impulses on how to evaluate and expand your existing management system in order to incorporate the requirements of the Supply Chain Act without having to set up completely new systems. The two perspectives - manufacturer and supplier - will be considered separately.

The solution must be designed in such a way that, embedded in a comprehensive sustainability strategy, it contains the necessary processes and methods to be able to map the requirements of the Supply Chain Act but also other requirements and expectations of the market with regard to all fields of sustainability.

Just buying a reporting software is certainly too little, redoing everything is certainly too much.

Let us show you a pragmatic way.

Contents:

-        Existing regulations on sustainable corporate governance (UN Global Compact, ISO 26000, SA8000 etc.)

-        Classification of the Supply Chain Act

-        Assessment and reporting systems (GRI, audit, CSR, SRI, ESG indices, EU taxonomy guideline, NFRD, CSRD etc.)

-        Grievance systems

-        Role and tasks of the manufacturer

-        Role and tasks of the supplier

-        Alignment with existing management system requirements (ISO9001, ISO 14001, OSHAS)

-        Essential processes and methods to complement the existing system

-        Procedure (Evaluate - Report - Observe)

-        Global supply chain assurance (self-reporting expert assessment)

-        Outlook

Duration: 2h online with 15min break after 1h

Type: Virtual Classroom

Prerequisites: none

Note: the participant is responsible for the technical equipment of the participant's workplace. You need a computer with an up-to-date Internet browser that is capable of Chrome, i.e. Google Chrome, Microsoft Edge Chromium or the current Firefox. There should be sufficient bandwidth on the part of the participant. A camera is not required, a good audio system (speakers and microphone) is required.

Proof: attendance certificate