The German Supply Chain Act (Lieferkettengesetz) aims to protect the rights of people worldwide who manufacture goods and deliver services for the German market. For this purpose, many obligations are imposed on German companies by this Act. Under the provisions of the new legislation, companies’ responsibilities extend along their entire supply chain, graduated in line with the opportunities they have to exert influence. This is the reason why the new law will not only affect companies in Germany but also companies in the Gulf region even if they are not part of/associated with a German company. As soon as they are part of the supply chain of a company which is subject to the new law, they will have to fulfil the provisions of this act or else might sooner or later lose their buyer.
Hence, companies should be aware of their obligations in their own field of business and vis à vis their direct suppliers. Indirect suppliers are involved as soon as the company which is subject to the law receives substantiated reports of human rights violations at that level. The law will come into force on 1st January 2023 and German companies should start now to carefully review their compliance management systems to determine whether amendments are required. Companies should prepare as early as possible in order to be able to fulfil their duties of care in accordance with the German Supply Chain Act in time.
In cooperation with the German Emirati Joint Council for Industry and Commerce (AHK), we would like to invite you to the upcoming webinar on “German Supply Chain Act (Lieferkettengesetz)” on August 30, 2021 at 11am to 12pm (UAE time). Mrs. Anja Christine Adam, Partner at SCHLÜTER GRAF, will provide an overview on the Supply Chain Act and its relevance for businesses in the UAE.
Please register using the following link below: