Online event on sustainable supply chains

at the online event "Responsibility in supply chains: regulation as a risk and opportunity", the new requirements for sustainable supply chains were discussed. The state supports companies in assuming their social responsibility and remaining competitive at the same time.

against the background of the new German Lief chain Systems Law and the Disposal of Directive Disposing on Sustainability Obligation of companies Companies in the future are required to recognize risks along global value creation and supply chains, correct it and take appropriate measures. In a Online event On April 12, 2022 examined.

Economic Minister DR. Nicole Hoffmeister-Kraut emphasized: "I am convinced that the lived social responsibility is one of the decisive factors that we will remain competitive in the future. However, in order to be able to meet these new requirements, our companies need support. You will have to rate your supply chains systematically in the future. This is exactly where our exercise series sets our exercise series on 'Global BW' The aim of the program is to convey to companies for a sustainable supply chain management. perceive, ”said the minister.

Note the balance between bureaucracy and sustainability

However, Hoffmeister-Kraut also pointed out that in view of the dramatic international situation in connection with the Corona pandemic that has not yet been overcome and the inflationary environment, additional burdens would have to be carefully checked for companies. "The implementation of sustainability goals in the supply chain is correct and important. However, it is important to ensure a balance between bureaucratic formalism and the improvements that can be achieved. Because excessive requirements can have a boomerang effect for people and the environment," emphasized the minister. If medium-sized companies in particular withdraw from developing and emerging countries, little would be won. With their social commitment there, they are indispensable for globally responsible business.

The supply chain carage law law adopted by the federal government comes into force on January 1, 2023. It regulates entrepreneurial responsibility for compliance with human rights in international value creation and supply chains. On February 23, 2022, the European Commission also submitted a draft guidelines on the sustainability obligations of companies, some of which go far beyond the German supply chain law.

Practical insights into sustainable supply chain management

In the morning of the event, representatives of Baden-Württemberg company offered concrete practical insights and implementation examples with regard to sustainable supply chain management, before the panel discussion in the afternoon, especially with developments in the regulatory environment from economic, political and civil society perspective.

The event took place as part of the "Globally Responsible BW-Supply Chains Sustainable Sustainable" Practice series. The aim of the funding program is to impart practical knowledge for the actions and implementation of sustainable supply chain management.

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