
Blogs and News
Embracing the Circular Economy for Environmental Transformation
Ever heard of the term linear economy? Well, the world has been operating on a linear economy since time immemorial. This economic model is
Understanding Net Zero: A Global Imperative for Climate Action
You may have read or heard the term ‘net zero’ in energy and climate change discussions. This term is used in several circles, such
🌞 Sustainability meets innovation: our new addition to the Trustnet.Trade family: Meyer Burger Technology AG! 🌞
The infinite energy of the sun is at the heart of Meyer Burger’s sustainable vision. The company’s high-performance solar modules and solar cells harness this
Factors Enabling Greater GHG Emissions Reduction in Developed Countries Compared to Developing Countries
In Sharm El-Sheik, Egypt, in November 2022, the United Nations Framework Convention on Climate Change held its 27th Conference of the Parties, bringing together delegates
The Benefits of ESG from an Investor’s Perspective
Between global warming, political instability, human rights concerns, and high-profile corruption cases, there are many reasons for companies to start paying more attention to environmental,
The Power of ESG Risk Management: Building a Sustainable Future
ESG stands for environmental, social, and governance. ESG risk management measures the sustainability and ethical impact of an investment in a business or company. Risk
The German Supply Chain Due Diligence Act (LkSG): Briefly summarised
The EU is currently working on the EU-CSDDD (the draft of the Corporate Sustainability Due Diligence Directive), in which the number of companies will be
How do you develop and implement ESG strategies in your corporation?
There are two essential truths driving corporations to become more sustainable. The first is as follows: According to the UN’s Intergovernmental Panel on Climate Change
Navigating KYB, Compliance, and Supply Chain Responsibility
What is the European Anti Money Laundering Directive, AMLD, and why should a company combine into their KYB check the aspects of AMLD compliance and
News Release Partnership Cargodian / Inworks
Cargodian and Inworks enter into partnership Cargodian GmbH from Rohrdorf and Inworks GmbH from Ulm will work together in the future in the health sector
ESG vs CSR: Understanding the Differences and Importance for Investors and Companies
Conscious investing and the impact of corporations on society have been hot topics of late among news outlets. Typically, regarding investment trends and opportunities, how
The Importance of ESG: A Path to Sustainable Business Practices
ESG stands for the three sustainability criteria—environment, social, and governance—and refers to the sustainability criteria that companies should take into account in their business activities.
Understanding ESG Investing: Environmental, Social, and Governance Factors
Consumers and companies have noticed the rising popularity of ESG investing in recent years. This is a fast-growing space that has the investing world excited
Understanding ESG: A Framework for Sustainable and Ethical Business Practises
Over the past several decades, consumers have started considering social responsibility and environmental sustainability when choosing the products they buy. In the wake of the
Risk management in companies: The basis of business continuity
Risk management is an important sub-area of a company’s management that deals with the identification, assessment, and handling of risks. Risks are events or circumstances
Trustnet.Trade® – The Widget explained
The Trustnet.Trade® widget is a real-time compliance status indicator that can be embedded on a customer’s website. The widget displays information related to four key
Germany’s new measures to keep both ends of supply chains safe
The German “Lieferkettensorgfaltspflichtengesetz” (Supply Chain Due Diligence Act) is a law that took effect on January 1st, 2023. The law requires companies in Germany with
437 Questions: BAFA Questionnaire – A “bureaucratic monster“?
The information sheet “Questionnaire for reporting according to § 10 (2) LkSG of the BAFA” was recently introduced to help companies that fall under the
Germany’s New Measures to Keep Both Ends of Supply Chains Safe
The German “Lieferkettensorgfaltspflichtengesetz” (Supply Chain Due Diligence Act) is a law that took effect on January 1st, 2023. The law requires companies in Germany with
ESG Standards vs. the German Supply Chain Due Diligence Act: A Comparison of Approaches to Ensuring Sustainable Business Practices
ESG (Environmental, Social and Governance) refers to standards that companies and organizations are expected to adhere to, to ensure sustainable and responsible business practices. ESG
The Next Step in ESG Compliance and Social Responsibility for Companies
Guest article by Dr. Alfred Wörner In recent years, the term ESG (environment, social, and governance) has become increasingly important in all areas of business,
Understanding the Importance of Exports from Southeast Asia to the EU and the Challenges of Supply Chain Risks
As the global economy continues to evolve, the trade relationship between Southeast Asia and the European Union (EU) has become increasingly important. According to data
How To Handle Suppliers Feeling Intimidated by Your New Human Rights and Environmental Approach
Assume you are implementing Code of Conduct, Supply Chain Due Diligence, Questionnaires, Risk Analysis – the full programme, and your business partner feels threatened as
Is It True That Different Cultures Shape Different Business Ethics?
Last week, I addressed challenges and suggestions for overcoming cultural differences in the global supply chain. In this post, I want to discuss the issue
Global Supply Chain: Challenges and Suggestions for Overcoming Cultural Differences
In our connected world, we source supplies globally in many countries. We face different values in different cultures. How does this affect communication with business
Addressing Supplier-Designed “Potemkin villages”
My business partners and I have witnessed many so-called “Potemkin villages” when investigating suppliers. Potemkin villages are named after Grigory Potemkin, a Russian statesman who
Why Should My Supplier Care How I Run My Business?
Just as most businesses are concerned with the ethical practices of their suppliers, suppliers should be taking a closer look at those of their clients.
What is The Cost of Inaction in Light of Supply Chain Risks?
The cost of inaction versus the cost of action reminds me strongly of a term in the German language from my university times: “Mit der
Is Corporate Business Ethics a Competitive Disadvantage?
One aspect that is often a rich source of discussion is the risk of competitive disadvantage in international markets. Companies with a strong sense of
Two Key Principles in Business: “Doing the Right Thing” and “Doing Things Right.”
“Doing the right thing” and “doing things right” are two essential principles that can help companies to strengthen human rights and protect the environment in