A topic of increasing importance
Sustainability in SAP
Environmental protection and sustainability are becoming increasingly important in today’s competitive landscape. In the past, these issues were essential components of brand image, but they are now increasingly coming into focus due to new legislation. In June 2021, the new Due Diligence Act, known as the Supply Chain Act, was passed in the German parliament, presenting companies with new challenges. The Supply Chain Act is intended to create a legal framework to improve the protection of the environment, human rights and children’s rights along global supply chains. But how exactly can or must companies comply with the Supply Chain Act – after all, there are heavy fines for violations?
Even though the effects of the Supply Chain Act are far-reaching, there is no reason to panic. A study by the EU Commission has shown that the costs for large companies are only 0.009 percent of sales on average.