German Supply Chain Act
The protection of human rights and environmental standards in supply chains is the premise of the German Supply Chain Due Diligence Act (LkSG), which came into force on January 1, 2023. It obliges companies to analyze and monitor compliance with human rights, working conditions and environmental standards along their supply chain and to take remedial action in the event of grievances. The LkSG applies to the company's own business area and to the entire supply chain, both in Germany and worldwide.
In implementing our human rights and environmental due diligence obligations, we rely on the following key elements: responsibilities and risk management, risk analyses, preventive measures, complaints procedures, remedial actions, documentation and reporting. The process is continuously reviewed for its effectiveness.