German Supply Chain Due Diligence Act: Impact on subsidiaries of foreign companies and foreign suppliers
The Act on Corporate Due Dilligence Obligations in Supply Chains (Lieferkettensorgfaltspflichtengesetz) came into force on Jan. 1, 2023, and requires German companies to conduct appropriate human rights and environmental due diligence in their supply chains. The law applies to companies with at least 3,000 employees from January 1, 2023. From January 1, 2024, companies with […]