Germany’s Supply Chain Law takes effect January 1, 2023 and requires any company doing business in Germany to vet both their direct (Tier 1) and indirect (Tier 2) suppliers for compliance with core human rights and environmental protection measures – or face fines of up to 2% of their global revenue.
In analyzing companies subject to the German law, Interos found approximately 53% have problematic ESG scores using a proprietary scoring method that dynamically assesses an organization’s risk.
Watch this on-demand webinar with our experts Mihir Mandavia and Greg Holt for a download of everything you need to know about the regulation and how you can ensure compliance throughout your extended supply chain.
