The Federal Office of Economics and Export Control (BAFA) publishes a fact sheet on industry initiatives in the context of the Supply Chain Due Diligence Act (LkSG).
In the days leading up to Easter, there were a number of developments in the ESG area, from "Stop the Clock" to EUDR guidelines. We provide a brief overview and comment on the statements on the LkSG in the coalition agreement.
Package to reduce the bureaucratic burden on companies in the area of sustainability also provides for adjustments to the Corporate Sustainability Due Diligence Directive.
US Department of Justice publishes criteria for evaluating compliance programs.
The postponement of the date of application of the Deforestation Regulation (EUDR) by one year to 30.12.2025 came into force on 22.12.2024. No other substantive changes were decided.
The OECD Business Group Anti-Corruption Committee (BIAC) is looking for examples of AI-driven anti-corruption efforts in business practice. If you are interested, you can submit your company example by November 20, 2024.
Obligation to submit the LkSG report for the 2023 financial year is again extended to 31.12.2025 by the government draft of the CSRD Implementation Act in order to avoid double reporting obligations for companies under the LkSG and CSRD.
Impact on mechanical and plant engineering in conjunction with electrical automation
Poland is the last EU member state to transpose Directive EU 2019/1937 (Whistleblower Directive) into national law.
Until August 16, 2024, you can take part in a survey by the Federal Statistical Office to determine the compliance costs of the Transparency Register and Financial Information Act (TraFinG).
The European Union's Cyber Resilience Act affects many products and components in the mechanical engineering sector. Companies should quickly identify the extent to which they are affected and take measures to ensure compliance and product security.
Companies are subject to increased business risks and various compliance regulations. With optimal data utilization, you can still remain competitive, quick to act and innovative!
Action is required for all companies with at least 50 employees
