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PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

Back in July, we wrote about Germany’s plans to scale back its Supply Chain Due Diligence Act. Now the government has moved forward with that plan, and the German Ministry of Labour and Social Affairs has circulated a draft of the amendments. One major sticking point is the removal of reporting requirements and deferring to the EU’s Corporate Supply Chain Due Diligence Directive (CSDDD) for due diligence reporting. A recent Linklaters memo discusses these changes:

“The reporting requirements have always been considered particularly challenging, not only in view of the pending implementation of the CSDDD. Unsurprisingly, the Ministry states in its justification for the draft that it aims to prevent companies from facing excessive burdens during the transition period until the directive is transposed into national law.”

In addition to eliminating reporting obligations, the changes will also scale back the number of regulatory offenses under the law. The draft is expected to be adopted by the cabinet soon, and given the limited deadline for comments, changes are likely to be limited. Germany spearheaded supply chain due diligence, passing the law in June 2021. Now the German government seeks more uniformity with the rest of the EU by moving to the CSDDD as its primary mode of regulating supply chain due diligence. However, the future of the CSDDD is uncertain, as ongoing Omnibus reforms threaten to gut much of the law’s scope. Germany’s chancellor has even suggested repealing portions of the EU Directive.

Our members can learn more about supply chain due diligence here.

If you’re not already a member, sign up now and take advantage of our no-risk “100-Day Promise” – during the first 100 days as an activated member, you may cancel for any reason and receive a full refund. But it will probably pay for itself before then.

Members also save hours of research and reading time each week by using our filtered and curated library of ESG/sustainability resources covering over 100 sustainability subject areas – updated daily with practical and credible information compiled without the use of AI.

Are you a client of one of our Partners – SourceIntelligence, TRC, Kumi, Ecolumix, Elm Consulting Group International or Impakt IQ? Contact them for exclusive pricing packages for PracticalESG.

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The Editor

Zachary Barlow is a licensed attorney. He earned his JD from the University of Mississippi and has a bachelor’s in Public Policy Leadership. He practiced law at a mid-size firm and handled a wide variety of cases. During this time he assisted in overseeing compliance of a public entity and litigated contract disputes, gaining experience both in and outside of the courtroom. Zachary currently assists the PracticalESG.com editorial team by providing research and creating content on a spectrum of ESG… View Profile