Assessing Risks and Monitoring Performance for Sustainable Supply Chains

Let us understand how supplier audits on sustainability matters will facilitate compliance with evolving due diligence obligations and how technology supports supplier risk assessment and measurement.

The EU Corporate Supply Chain Due Diligence Act is gaining ground: The majority of the European Parliament voted on June 1, 2023, to strengthen the EU Commission's initial legislative proposal. In this form, the directive (CSDDD) would oblige both EU and non-EU companies to a higher standard of accountability than the German Supply Chain Due Diligence Act (LkSG). A decision in the EU trialogue is expected soon.

Currently, businesses need to consider complex topics such as resource scarcity, trade tensions, and regulatory changes. These varied considerations are interlinked and interdependent and can disrupt the supply chain. Stakeholders have increasing expectations that suppliers have been properly qualified for their sustainability performance and that the entire value chain is monitored for legal compliance. Consequently, it aggravates the importance of audits within the supply chain to reduce environmental impacts, increase customer satisfaction, and conduct business ethically.

Learn how you can integrate cutting-edge technology and supply chain audits as a best practise to build a resilient and diligent network of suppliers.

Key topics covered

• Importance of building a sustainable supply chain
• Trends and requirements in international due diligence legislation
• New digital means for supplier risk assessment and measurement
• Supplier auditing and monitoring

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