LkSG

The German Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz) requires companies to identify, prevent, and address human rights and environmental risks throughout their supply chains.

• 1

  Applies to companies with 1,000+ employees in Germany (from 2024)

• 2

  Covers direct suppliers and indirect suppliers with substantiated knowledge

• 3

  Requires risk management system and regular risk analysis

• 4

  Mandates public policy statement on human rights

• 5

  Requires accessible complaints mechanism for affected parties

• 6

  Annual reporting to Federal Office for Economic Affairs (BAFA)