With the EU Corporate Sustainability Due Diligence Directive still in limbo, those aiming to focus on B2B sales to Europe should know that Germany has a separate law (the Supply Chain Due Diligence Act (LkSG), the Supply Chain Due Diligence Act) that emphasises some things the EU directive does not (yet).
Germany aims to have more more ecologically sustainable supply chains and chains that consider human rights. The impact of the German act could cause confusion, disrupt workflows, or cause a business to lose opportunities if they don’t comply with the new laws. And with both the EU being finalised and the German laws being effective January 2023, the time to ensure your compliance so you can continue selling goods B2B to Germany is now.
You don’t have to be an expert on all of the specifics – that’s what Trustnet.Trade® is here for. Trustnet.Trade® is compliance-as-a-service specifically designed to assist businesses in staying compliant regarding sustainability for Germany and the EU, plus a very neat functionality on Customer Due Diligence to comply with the AMLD.
Trustnet.Trade® is all about risk management and assessment: two things that are incredibly important as the German Supply Chain Due Diligence Act and EU Corporate Sustainability Directive go into effect. Trustnet.Trade® gives you the tools and guidance you need to do everything: from risk assessment, risk analysis, booking audits at your suppliers and to monitor any evolving risks.
Trustnet.Trade® is easy access from any web browser and simple to use – even if you aren’t well-versed in compliance. It also offers reporting and documentation features to help you keep your records and information organised (having an “audit-trail”). Powering your business with Trustnet.Trade® ensures nothing stops you from running your business as usual – and even better.
Relationships matter in B2B sales. Show your clients you’re on top of it and that you’ll provide them goods and services uninterrupted and undeterred. Any fine print or stipulations may come from the EU or German laws: if you have Trustnet.Trade® on your side, you can guarantee compliance with ease.