What are the due diligence obligations of the Germany Supply Chain Act?
The German Supply Chain Act contains nine corporate due diligence obligations to avoid human rights violations and to uphold environmental standards in supply chains. These include:
- Establishing risk management
- Establishing internal responsibility
- Conducting regular risk analyses
- Adopting a policy statement
- Establishing preventive measures
- Taking remedial action
- Establishing a complaints procedure
- Implementing due diligence for indirect suppliers.
- Documentation and reporting