Corporate Sustainability Due Diligence Directive (CSDDD)
SCM Research
MARCH 24, 2024
A few days ago, the European Council approved the Corporate Sustainability Due Diligence Directive (CSDDD).
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Editor’s Pick: The German Supply Chain Due Diligence Act
Talking Logistics
NOVEMBER 15, 2022
In this recent post from SAP’s blog, Xuan-Yen To highlights the Supply Chain Due Diligence Act (LkSG) passed in Germany (which. Read more Editor’s Pick: The German Supply Chain Due Diligence Act.
Supply Chain 
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Understanding Supply Chain Due Diligence
Taulia
MARCH 30, 2022
Supply chain due diligence is an important step in this process. So what is supply chain due diligence, what does it involve, and how is regulation around this topic evolving? What is supply chain due diligence? Different companies will approach the due diligence process differently.
Germany Raises the Stakes on Corporate Social Responsibility with Supply Chain Due Diligence
Logility
JANUARY 21, 2022
Beginning on January 1, 2023, Germany’s Act on Corporate Due Diligence in Supply Chains (Supply Chain Due Diligence Act) will come into effect, taking aim at social and environmental issues arising in global supply chains. How Will the Act Impact Your Supply Chain? After learning that only 13%?
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Supply chain due diligence in 6 steps
ChainPoint
APRIL 14, 2023
Supply chain and sustainability managers face increasing pressure to comply with due diligence legislation s , such as the German Supply Chain Act ( deutsches Lieferkette n gesetz, LkSG) and the upcoming European Directive on corporate sustainability due diligence (CSDD).
EU Waters Down Supply Chain Due Diligence Law
Supply Chain Brain
MARCH 7, 2024
After Germany and Italy withdrew their, European Union presidency Belgium has proposed diluting the law and setting a longer phase-in.
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Get Ready for the Next Phase of ESG: Mandatory Corporate Due Diligence
Supply Chain Brain
MAY 10, 2022
Large corporations face a whole new world of demands affecting their public-facing supply chain strategies, backed by potentially powerful and wide-ranging legislation that takes aim at due diligence.
Digital due diligence – the new front line in business valuation
IT Supply Chain
FEBRUARY 14, 2022
The post Digital due diligence – the new front line in business valuation appeared first on IT Supply Chain. By Jaco Vermuelen (pictured). CTO, BML Digital.
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How JAGGAER Enables You to Comply with Supply Chain Due Diligence Legislation
Jaggaer
FEBRUARY 24, 2023
The post How JAGGAER Enables You to Comply with Supply Chain Due Diligence Legislation appeared first on JAGGAER.
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Five Crucial Supply Chain Due Diligence Activities
Supply Chain Brain
OCTOBER 17, 2022
International trade relationships are rife with hidden risks that can completely up-end a company because of expensive fines, imprisonment, revocation of privileges, and brand tarnish.
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Technical Due Diligence
Insights Solutions Global
OCTOBER 24, 2018
Insight Solutions Global delivered a detailed 105-page Technical Due Diligence report to help the client make the decision to invest an US company whose operation center and supply chain are in China.
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Proving the Absence of Forced Labor in Supply Chains
Talking Logistics
SEPTEMBER 11, 2023
In my recent Talking Logistics conversation with Daniel Smith, Director of Sustainability and ESG at e2open, he talked about the Uyghur Forced Labor Prevention Act (UFLPA) and how “under the UFLPA, due diligence means you have to prove the absence of any forced labor touching any aspect of your product.
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You need to get ready for Germany’s Supply Chain Due Diligence Law. Here’s how!
Jaggaer
FEBRUARY 22, 2023
The post You need to get ready for Germany’s Supply Chain Due Diligence Law. Here’s how! appeared first on JAGGAER.
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Intelligent automation and future of due diligence for private equity
Maine Pointe
DECEMBER 7, 2021
The standard due diligence traditionally carried out by private equity firms is, under normal circumstances, usually adequate -- but we no longer live in normal times.
EU due diligence laws for cocoa expected in 2022
ChainPoint
APRIL 17, 2020
The European Union is considering creating regulations for the cocoa industry, where importing companies need to exercise due diligence regarding their supply chains.
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Technical Due Diligence
Insights Solutions Global
OCTOBER 24, 2018
Insight Solutions Global delivered a detailed 105-page Technical Due Diligence report to help the client make the decision to invest an US company whose operation center and supply chain are in China. The post Technical Due Diligence appeared first on Insight Solutions Global.
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Most Supply Chains Are Not Ready for Due Diligence Compliance
Supply Chain Brain
APRIL 10, 2023
Simply dumping a non-compliant supplier is probably the most disruptive option, and also in many ways the least good one. Better, in most cases, to deepen the relationship and offer genuine solutions.
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Supply Chain Law: JAGGAER Customers Are Ready to Fulfill Their Duties of Due Diligence
Jaggaer
AUGUST 31, 2021
The post Supply Chain Law: JAGGAER Customers Are Ready to Fulfill Their Duties of Due Diligence appeared first on JAGGAER.
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Coping With the ‘New Normal’ for Supply Chain Due Diligence
Supply Chain Brain
FEBRUARY 13, 2022
Governments, investors and consumers are demanding increased visibility into every link of the supply chain, to ensure that corporate funds aren’t inadvertently supporting fundamentally unethical behavior.
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Applying Due Diligence for a Sustainable Supply Chain
Supply Chain Brain
MAY 4, 2023
Regulatory developments globally represent a new facet of ESG compliance, and reflect the increase in both investor and public scrutiny.
Keep your due diligence system simple and adaptable
ChainPoint
AUGUST 14, 2019
Since then, a lot of companies are asking ChainPoint for help with their due diligence obligations in their timber supply chain. It has been a year since we’ve stated on our blog that EUTR compliance is more important than ever.
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Podcast | There Are No Shortcuts to Supply Chain Due Diligence
Supply Chain Brain
APRIL 27, 2023
When it comes to unethical behavior by one’s supply chain partners, no matter how deep up the tiers you go, ignorance is no excuse.
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The New Era of Due Diligence in 2023
Supply Chain Brain
AUGUST 31, 2023
The world of business has entered a new era of due diligence. In this new era, the traditional approach taken by most companies is no longer sufficient to effectively identify and manage risks.
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Food Fraud: A Fragile Food and Beverage Supply Chain Imperative
Supply Chain Brain
APRIL 25, 2024
Blind spots in sourcing and a lack of due diligence and industry oversight have made it easier for food fraudsters to penetrate the supply chain.
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What does the German Supply Chain Act Mean for Procurement?
ivalua
JANUARY 8, 2023
In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supply chain. Procurement teams will need to be prepared and equipped to conduct supplier due diligence to meet the requirements of the act.
Human Rights Day 2023
Enterra Insights
DECEMBER 7, 2023
Attorney and freelance writer Rosemarie Lally reports that some countries around the world “have implemented domestic forced labor due diligence laws for supply chains.”[2] As an example, he pointed to the German Supply Chain Due Diligence Act, which requires that companies perform certain basic obligations.”
How to Navigate ESG Risk with Supplier Management Software
QAD
MAY 23, 2023
Companies that move fast and act smart now can stay ahead of due diligence legislation, mitigate supply chain risk and gain a competitive advantage in the process. The European Commission (EU) Corporate Sustainability Due Diligence Directive establishes a corporate due diligence duty.
Supply Chain Compliance is About to Get a Whole Lot Tougher
Logistics Viewpoints
APRIL 25, 2022
In January 2023, the Germany Supply Chain Due Diligence Act will come into effect, requiring businesses to monitor supply chains for human rights violations and compliance with environmental standards. The German legislation translates into concrete provisions in the way companies must comply with their due diligence obligations.
Modernizing Supply Chains with Brandon Daniels
The Logistics of Logistics
SEPTEMBER 18, 2023
Exiger’s services include due diligence, compliance, intelligence, and investigations. Exiger is the parent company of several subsidiaries, including Dow Jones Risk & Compliance, Exiger Analytics, and Exiger Diligence. Exiger helps organizations build resilience and achieve sustainable growth.
Do You Know Your Suppliers? Counting the Cost of Ignorance
QAD
JULY 7, 2022
Are all suppliers in compliance with existing due diligence laws? . Supply chain due diligence is a critical topic for manufacturers and enterprises in all industries, especially given three major impacts of recent high-profile abuse cases, new due diligence laws and consumer buying trends. .
European Parliament Approves Human Rights 'Due Diligence' Directive
Supply Chain Brain
APRIL 24, 2024
The law requires select EU companies to mitigate against business practices like forced labor, pollution, and various other human rights abuses.
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85 Upcoming Dates for ESG Legislation and Compliance in 2024
Resilinc
APRIL 23, 2024
April 30 — The German Supply Chain Due Diligence Act (LkSG) The German Supply Chain Due Diligence Act (LkSG) requires large German companies to monitor and address human rights and environmental risks in their global supply chains, with penalties for non-compliance.
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Due Diligence Checklist: A Step-by-Step Guide to Managing Third-Party Bribery and Corruption Risk in 2023
Supply Chain Brain
DECEMBER 31, 2023
A due diligence checklist takes you step-by-step through the information you need to consider to help carry out a thorough investigation when you’re contemplating a new commercial relationship, a prospective business partner or monitoring an existing one.
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EU Corporate Due Diligence Law Adopted
Supply Chain Brain
MARCH 25, 2024
Foreign companies will be required to designate their authorized representative based in the member state in which they operate.
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The Alarming Continued Rise of Modern Slavery in Supply Chains: How Procurement Can Help Reverse the Trend
Supply Chain Brain
JANUARY 25, 2023
Modern-slavery and human-rights due diligence should be integrated as part of a broader sustainable procurement program that encompasses environmental and ethical topics, as well.
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The German Supply Chain Law Effects on Global Trade and Compliance
ModusLink Corporation
MAY 23, 2023
This is on full display with the German Supply Chain Due Diligence Act now in effect, as shared by IBM (German Supply Chain Due Diligence Act (SCDDA) explained). The German Supply Chain Law entails due diligence obligations relating to human rights and environmental risks and violations.
French Parliament Volleys Back To the Senate (Again) The Supply Chain Due Diligence Law “Devoir de Vigilance”
EcoVadis
MARCH 29, 2016
Activity continues on the proposed law requiring supply chain due-diligence obligations for large companies and groups in France, as lawmakers kept the ‘ball in play’: Last week, the French Parliament (the Assemblée Nationale) revised and re-approved the law.
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Forced Labour and Exploitation in Supply Chains
Savant Events
FEBRUARY 14, 2024
They have mandated transparency and reporting, due diligence, vigilance requirements, remediation requirements, civil penalty mechanisms or a combination of these to address this complex issue. The financial services sector is currently exempt.
U.S. Due Diligence Firm Says China Detained Its Employees
Supply Chain Brain
MARCH 23, 2023
The move highlighted the potential risks that firms involved in due diligence face in China as Xi Jinping has tightened the ruling Communist Party’s grip on information.
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Will Human Rights Due Diligence Soon Become Mandatory for EU Corporations and their Supply Chains?
EcoVadis
JULY 17, 2015
Will Human Rights Due Diligence Soon Become Mandatory for EU Corporations and their Supply Chains? The Bill provides sanctions and civil liability for those failing to perform “effective” due diligence. Responsible supply chains at the frontline. By Arnaud Poitevin.
Tightening the Alignment between Procurement and Corporate Leaders
ivalua
MARCH 16, 2022
The Digital Procurement Survey results established that Procurement’s priorities have shifted due in a post-COVID-19 world. In fact, 50% of respondents lack a mature third-party risk program and 21% have no supplier due diligence or supplier monitoring program at all. CEOs Look to Innovation. Procurement Priorities.
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CSDDD and CSRD – What’s the difference?
SupplyShift
APRIL 20, 2023
The EU’s recent Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD) are closely linked, with both pieces of legislation working together to reinforce each other. The Directive requires setting up Due Diligence processes in order to identify adverse impacts.
New Human Rights Requirements: Catalysts for New Ways of Thinking
Supply Chain Brain
DECEMBER 21, 2022
With laws enforcing human rights in the supply chain, leaders will need to rethink how they are deriving value from their human-rights and supply chain due diligence programs.
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CSDDD – How will it impact your organization?
SupplyShift
APRIL 20, 2023
The European Directive on Corporate Sustainability Due Diligence (CSDDD) was published on February 23, 2022. This legislation proposes extensive new human rights and environmental due diligence requirements for over 13,000 European and 4,000 non-European companies that provide products or services in the European Union (EU).
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