Ahead of the Curve - Leveraging the German Supply Chain Act to Gain a Competitive Edge Ahead of EU Obligations

Abstract

While the German Supply Chain Act (SCDDA) faces criticism for its potential economic impact, compliance offers companies significant advantages. It positions them ahead of the curve in aligning with the forthcoming EU Corporate Sustainability Due Diligence Directive (CSDDD). By integrating responsible business practices early, companies not only meet current human rights and environmental standards but also gain a competitive edge. Amending or repealing the SCDDA, however, risks diminishing these advantages for German businesses.

Keywords

• CSDDD
• Corporate Due Diligence
• Corporate Sustainability Due Diligence Directive
• Deutschland
• Europarecht
• European Union