Ethixbase360: Lieferkettengesetz Questionnaire
Assess your supply chain and comply with the German Supply Chain Due Diligence Act.
The Lieferkettengesetz Questionnaire brings together Norton Rose Fulbright’s compliance expertise with Ethixbase360’s powerful Third-party Risk Management platform to help your business identify, mitigate, and manage risks as addressed in the German Act on Corporate Due Diligence Obligations in Supply Chains (“Lieferkettengesetz”).
Norton Rose Fulbright has developed a supply chain risk assessment questionnaire (“Lieferkettengesetz Questionnaire”) for third parties. The questionnaire applies know-how developed by our leading International Business Human Rights practice using our global expertise in identifying and assessing human rights and environment-related risks, as addressed by the Lieferkettengesetz, to provide an indicative risk rating.
Driven by a range of resources from political and economic country risk to global slavery risk databases, the questionnaire is licensed to leading provider of third-party risk management solutions Ethixbase360, who will deliver the questionnaire via the Ethixbase360 Third-Party Risk Management platform. The rating can be used to assist organizations in managing their Lieferkettengesetz reporting obligations in multiple jurisdictions by assisting with the risk assessment phase of assessing human rights and environment-related risks.
The Lieferkettengesetz Questionnaire uses five key indicators to assess the supplier’s human rights and environment-related risks:
- Jurisdiction (country) of operations and headquarters
- Industry of supplier / industry of goods & services supplied
- Products attributed to high risk of human rights
- Workforce characteristics
- Risk-mitigating measures specific to the individual supplier
The result:
More accurate identification and effective management of human rights and environment-related risks across global supply chains, and better compliance with the Lieferkettengesetz.
Benefits include:
- Mapping of your supply chain and identifying potential human rights and environment related risks as addressed by the Lieferkettengesetz
- Risk ratings based on legal expertise and global data
- Support board reporting in line with the Lieferkettengesetz
- Effective platform-based solution to send, receive and analyze the results all in one place and trigger risk proprtionate mitigation measures where applicable
- A user-friendly analytics dashboard, providing a real-time picture of the supply chain
- Rank and rate your supply chain
- Escalate due diligence where risk is identified
- Multi-lingual questionnaires
Disclaimer: The Lieferkettengesetz module provides an indicative risk rating only. The accuracy of the score is dependent on a number of factors, including third-party data sources and supplier inputs. None of the module and its outputs constitutes legal advice or creates a lawyer-client relationship between Norton Rose Fulbright and any user.
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Supply chain advisory services As a global leader in the area of supply chains, Norton Rose Fulbright are well placed to provide pragmatic advice on compliance and best practice in managing human rights and environment-related risks. Services include:
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