Since January 2023, companies with more than 3,000 employees must prove that they analyze their supply chains with regards to human rights, define corrective measures and implement them. The law places the responsibility for this on the management. German companies must introduce a complaint procedure directed through a complaint management system and act when violations become known. Thus, the German Supply Chain Due Diligence Act (LkSG) would emerge as a game changer to stop human rights violations.
Our in-house developed out-of-the-box solution, based on ServiceNow helps you:
The solution is based on our methodology from contract to compliance and includes a risk management system that is updated automatically daily. Depending on the selected package, internal and external data are combined to not only fulfil legal obligations but also to create time to optimize supply chains in terms of human rights. The integrated contract lifecycle lanagement enables you to contractually agree on your code of conduct and necessary corrections, including e-signature, and to use them for communication without media disruption.
The solution is designed to be modular and scalable. Include additional tiers in the supply chain with external data, check contract clauses for additional risks or changed legal situations with AI and include them in the risk analysis, or save travel costs and CO2 emissions with our AR-assisted remote audit functionality. The Transparency Suite solution can be readily utilized to comply with various regulatory requirements, including those pertaining to data privacy, data sharing, and the implementation of a comprehensive ESG management and reporting platform. Talk to us and let us surprise you with the many additional possibilities.