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Germany Corporate Governance Due Diligence

Latham & Watkins LLP

German Federal Government Adopts Draft CSRD Implementation Act

Latham & Watkins LLP on

The draft represents the next step in transposing the CSRD into national law. On 24 July 2024, the German Federal Government adopted the governmental draft of the Act implementing the EU Directive on Sustainability...more

Hogan Lovells

Europäisches Parlament verabschiedet CS3D: Neue ESG-Litigationrisiken in der Lieferkette

Hogan Lovells on

Unternehmen haften künftig auch zivilrechtlich nach europäischen Vorgaben für Menschenrechts- und Umweltverletzungen entlang globaler Lieferketten. Am 24. April 2024 hat das Europäische Parlament die Corporate Sustainability...more

Hogan Lovells

ESG Compliance and Supply Chain due diligence in the EU and Germany – What to expect in 2024

Hogan Lovells on

2023 has seen a rise of a range of ambitious ESG regulations especially in the EU. Due to the ongoing transition from a soft law to a hard law environment cast in national and supranational laws and regulations,...more

NAVEX

The Significance of the German Supply Chain Act (LkSG) on Global Supply Chains

NAVEX on

On January 1, 2023, Germany’s Supply Chain Due Diligence Act (abbreviated LkSG in German) entered into force, imposing extensive due diligence obligations on companies to identify, prevent, or address human rights or...more

Latham & Watkins LLP

How Germany’s New ESG Law Will Affect Suppliers Globally

Latham & Watkins LLP on

The Supply Chain Act poses new challenges to suppliers when conducting business with new or existing German-based customers. Key Points: ..The Supply Chain Act obliges in-scope companies to identify, address, and...more

White & Case LLP

Due Diligence in Supply Chains – Update on corporate human rights and environmental due diligence requirements in the EU and...

White & Case LLP on

The German Act on Due Diligence in Supply Chains (Lieferkettensorgfaltspflichtengesetz, "LkSG") came into force on 1 January 2023 and imposes new obligations for supply chain due diligence. In parallel, the European legal...more

J.S. Held

European Human Rights Due Diligence (HRDD) Legislation – Preparing for the Future

J.S. Held on

Sustainable social development is increasingly viewed as critical to ensure the future stability of the global economy and planet. This often-overlooked element of the ESG (Environmental, Social, and Governance) agenda is...more

Jackson Walker

Supply Chain Due Diligence Requirements for Certain Companies Doing Business in Germany Soon to Go Into Effect

Jackson Walker on

On January 1, 2023, the so-called Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz) (the “Act”) will go into effect in Germany. Many companies doing business in Germany will need to ready their compliance...more

Jones Day

The Impact of French and German ESG Due Diligence Laws on Business

Jones Day on

With the recently adopted SDDA, Germany joins France in imposing human rights and environmental due diligence obligations along international supply chains of large companies. The SDDA covers companies based in Germany with...more

Hogan Lovells

ESG in M&A transactions in Germany – INSIGHTS in five minutes

Hogan Lovells on

The influence of ESG aspects is growing rapidly in many areas – including German M&A transactions. It would not be surprising if, as in the field of compliance, ESG sensitive business models, investments or business...more

White & Case LLP

The New Corporate Due Diligence Act: Potential Liability under Civil Law and Administrative Law

White & Case LLP on

The key aspects of the German Act on Corporate Due Diligence Obligations in Supply Chains ("LkSG" or "Act") have already been explained in our previous Client Alert. In the following, we will take a closer look at the...more

A&O Shearman

Germany’s New Supply Chain Act – Part 1 of 4 – Introduction

A&O Shearman on

On 11 June 2021, the German parliament approved the Federal Act on Entrepreneurial Due Diligence Obligations in Supply Chains (“Gesetz über die unternehmerischen Sorgfaltspflichten zur Vermeidung von...more

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