supplierassurance.com Open in urlscan Pro
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Submission: On October 19 via manual from MX — Scanned from US

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CORPORATE DUE DILIGENCE IN SUPPLY CHAINS ACT

Find out what the Act means for your business and how SUPPLIERASSURANCE can help
you comply

Find out more

The Corporate Due Diligence in Supply Chains Act comes into effect from January
2023, for businesses with more than 3000 employees. It requires in scope
companies to identify and manage risks related to human rights and the
environment within their supply chains, aiming to bring about positive change
and accountability. This follows similar laws that have been implemented as
focus on fair supply chains increases. Find out more about what the Act covers
and what you need to do to comply.

02:13


OVERVIEW OF THE ACT

 * Companies have a responsibility to ensure compliance with key environmental,
   social and governance (ESG) standards within their supply chain. This
   includes topics like fair labor, working conditions, and sustainability.
 * Companies must implement a due diligence framework and submit their report to
   the German Federal Office for Economic Affairs and Export Control on an
   annual basis or more frequently, if necessary.

 * The report must show current human rights and environmental capabilities,
   identify risks and demonstrate any improvements that have been made.
 * The Act covers the actions of a company and its direct suppliers, but it also
   requires knowledge of risk around indirect suppliers. If a risk or breach for
   any supplier is reported, a company has a responsibility to carry out a risk
   assessment and implement remedial actions.


WHO IS INCLUDED?

 * From 2023 German based companies or companies with a branch in Germany with
   more than 3000 employees.

 * From 2024 German based companies or companies with a branch in Germany with
   more than 1000 employees.


HOW WE CAN HELP

NQC’s SUPPLIERASSURANCE technology provides an easy and cost-effective way to
manage your supply chain risk. Simply invite your suppliers to complete our
intelligent online questionnaire and you’ll have all the data you need to manage
risk and comply with the Act.


QUESTIONNAIRE RESPONSE

Suppliers complete our intelligent online questionnaire to provide a
comprehensive overview of their capabilities.




PERFORMANCE ASSESSMENT

Get a complete picture of supplier performance and risk throughout your supply
chain on an individual or group basis.





IMPROVEMENT RECOMMENDATIONS

Individual recommendations for improvement are provided based on responses. Set
timescales for corrective actions at scale.




ENHANCE RESPONSES

Suppliers can resubmit responses at any time to demonstrate continuous
improvement.





ASSESS AND MONITOR SUPPLIER RISK

Monitor and manage risk in your supply chain with SUPPLIERASSURANCE’s range of
tools and features. You can also download the data to include in annual reports.


THANKS! LOOK OUT FOR AN EMAIL FROM US SOON.





FIND OUT MORE ABOUT BECOMING A SUPPLIERASSURANCE CUSTOMER

To find out how SUPPLIERASSURANCE can support your business in complying with
the German Supply Chain Act, get in touch with us today. We will send you a
video explaining our approach and provide you with an opportunity to see a
demonstration of the platform.

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supplierassurance.com NQCSCRIM 1697738212 1Close770350




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