Regulatory requirements

Due diligence regulation and the European CSR reporting directive require companies to go beyond their own activities and check their suppliers' sustainability compliance. To address this, companies require transparency in their supply chain. sustainabill provides a holistic solution for efficient implementation of the requirements.

Regulatory requirements in a nutshell

The increasing number of national sustainability and due diligence regulation focussing requiring action in the supply chain is a paradigm shift in international legislation. Companies are required to implement a sustainability assessment and risk management system for sustainability, especially for local human rights compliance and environmental impacts.

Various countries have already enacted legislation. In the United Kingdom, the UK Modern Slavery At has been in place since 2015, France passed as the Loi relative au devoir de Vigilance in 2017, and in the Netherlands the Child Labor Due Diligence Law will apply from 2022. In Germany, the “Lieferkettengesetz” will apply from 2023.

At the European level, the CSR reporting directive will apply for 2023 reporting and a human rights due diligence law is also under discussion. Reporting regulation and standards put increasing scrutiny on the supply chain.

All due diligence procedures are based on the United Nations Guiding Principles for Business and Human Rights (UNGPs). Complying with them requires the implemenation of a risk management system:

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Learn more

How to start? Check out our fact sheet for the holistic implementation of due diligence regulation, exemplary for the German “Lieferkettengesetz”. Our due diligence self-assessment questionnaire is a perfect fit to start assessing your suppliers' risks now. To offer the best know how and service to you, we work together with our partner Löning – Human Rights & Responsible Business for an all-in-one service package. 

How we support you in the implementation of the Due Diligence Law

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