{"id":6694,"date":"2022-12-12T20:12:11","date_gmt":"2022-12-12T19:12:11","guid":{"rendered":"https:\/\/trustnet.trade\/?p=6694"},"modified":"2023-11-08T08:30:32","modified_gmt":"2023-11-08T07:30:32","slug":"trustnet-trade-the-german-supply-chain-due-diligence-act-lksg-comes-into-effect-january-2023-is-your-b2b-sales-to-germany-at-risk","status":"publish","type":"post","link":"https:\/\/trustnet.trade\/en\/blogs\/trustnet-trade-the-german-supply-chain-due-diligence-act-lksg-comes-into-effect-january-2023-is-your-b2b-sales-to-germany-at-risk","title":{"rendered":"The German Supply Chain Due Diligence Act (LkSG) comes into effect January 2023. Is your B2B sales to Germany at risk?"},"content":{"rendered":"<p>With the\u00a0<strong>EU Corporate Sustainability Due Diligence Directive<\/strong>\u00a0still in limbo, those aiming to focus on B2B sales to Europe should know that\u00a0<strong>Germany has a separate law<\/strong>\u00a0(the Supply Chain Due Diligence Act (LkSG), the Supply Chain Due Diligence Act) that emphasises some things the EU directive does not (yet).<\/p>\n<p>Germany aims to have more more\u00a0<strong>ecologically sustainable supply chains<\/strong>\u00a0and chains that\u00a0<strong>consider human rights<\/strong>. The impact of the German act could cause confusion, disrupt workflows, or cause a business to lose opportunities if they don\u2019t 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\u00a0continue selling goods B2B to Germany is now.<\/p>\n<p>You don\u2019t have to be an expert on all of the specifics &#8211; that\u2019s what Trustnet.Trade\u00ae is here for. Trustnet.Trade\u00ae 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.<\/p>\n<p>Trustnet.Trade\u00ae 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.\u00a0<strong>Trustnet.Trade\u00ae gives you the tools and guidance<\/strong>\u00a0you need to do everything: from risk assessment, risk analysis, booking audits at your suppliers and to monitor any evolving risks.<\/p>\n<p>Trustnet.Trade\u00ae is easy access from any web browser and simple to use &#8211; even if you aren\u2019t well-versed in compliance. It also offers reporting and documentation features to help you keep your records and information organised (having an &#8220;audit-trail&#8221;).\u00a0<strong>Powering your business with Trustnet.Trade\u00ae<\/strong>\u00a0ensures nothing stops you from running your business as usual &#8211; and even better.<\/p>\n<p>Relationships matter in B2B sales.\u00a0<strong>Show your clients you\u2019re on top of it and that you\u2019ll provide them goods and services uninterrupted and undeterred.<\/strong>\u00a0Any fine print or stipulations may come from the EU or German laws: if you have Trustnet.Trade\u00ae on your side, you can guarantee compliance with ease.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the\u00a0EU Corporate Sustainability Due Diligence Directive\u00a0still in limbo, those aiming to focus on B2B sales to Europe should know that\u00a0Germany has a separate law\u00a0(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\u00a0ecologically sustainable supply [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6694","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The German Supply Chain Due Diligence Act (LkSG) comes into effect January 2023. Is your B2B sales to Germany at risk? - Trustnet.Trade<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trustnet.trade\/en\/blogs\/trustnet-trade-the-german-supply-chain-due-diligence-act-lksg-comes-into-effect-january-2023-is-your-b2b-sales-to-germany-at-risk\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The German Supply Chain Due Diligence Act (LkSG) comes into effect January 2023. Is your B2B sales to Germany at risk? - Trustnet.Trade\" \/>\n<meta property=\"og:description\" content=\"With the\u00a0EU Corporate Sustainability Due Diligence Directive\u00a0still in limbo, those aiming to focus on B2B sales to Europe should know that\u00a0Germany has a separate law\u00a0(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\u00a0ecologically sustainable supply [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trustnet.trade\/en\/blogs\/trustnet-trade-the-german-supply-chain-due-diligence-act-lksg-comes-into-effect-january-2023-is-your-b2b-sales-to-germany-at-risk\" \/>\n<meta property=\"og:site_name\" content=\"Trustnet.Trade\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-12T19:12:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-08T07:30:32+00:00\" \/>\n<meta name=\"author\" content=\"Klaus Burkart\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Klaus Burkart\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/trustnet.trade\/en\/blogs\/trustnet-trade-the-german-supply-chain-due-diligence-act-lksg-comes-into-effect-january-2023-is-your-b2b-sales-to-germany-at-risk#article\",\"isPartOf\":{\"@id\":\"https:\/\/trustnet.trade\/en\/blogs\/trustnet-trade-the-german-supply-chain-due-diligence-act-lksg-comes-into-effect-january-2023-is-your-b2b-sales-to-germany-at-risk\"},\"author\":{\"name\":\"Klaus Burkart\",\"@id\":\"https:\/\/trustnet.trade\/en#\/schema\/person\/ffac50e9cdf87e02aa8613202fdde9d3\"},\"headline\":\"The German Supply Chain Due Diligence Act (LkSG) comes into effect January 2023. 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