26 May 2022
twentyfifty regularly contributes to webinars and workshops in relation to current and upcoming mandatory human rights due diligence regulation, like the German Supply Chain Act or the Swiss legislation on responsible business conduct. Join us for an upcoming event or watch the recording of a past event.
Webinar: German Supply Chain Act
Date: 23 May 9:00 -10:00am MDT (ENG), 24 May, 10:30-11:30am CET (GER)
These events were hosted by Avetta.
Here are a three takeaways from the sessions:
- Companies below the employee threshold of 1000-3000 employees, may not be affected by legal sanctions, but need to prepare for changing contractual expectations of their clients.
- Even if clients define new contractual obligations for their suppliers to assess their human rights risks, the smaller companies will not be subject to the reporting and disclosure obligations nor the control measures by the controlling agency BAFA.
- German based subsidiaries of international companies that are within the scope of the law, can choose to implement human rights due diligence through their local subsidiary or through the head office company.
Webinar: What does the Swiss legislation on responsible business conduct mean for business?
Date: 11 May at 13.00-14.30 CET
This event was hosted by the British Swiss Chamber of Commerce (BSCC) Zurich Chapter.
Here are three takeaways from the workshop:
- Swiss businesses do not operate in isolation from legal requirements of other countries. As Germany has and the EU is about to adopt human rights due diligence legislation, Swiss businesses will be required to prepare for and respond to increased requirements from their clients and other stakeholders.
- Transparency is increasingly moving from an expectation to a legal requirement. This applies both to increasing transparency over complex supply chains as well as transparently communicating a company’s human rights due diligence efforts.
- While companies need to know and show their human rights risks and impacts and define appropriate responses, significant potential for impact comes from collaborative initiatives, such as through sector, regional and raw material associations.
Webinar: Botswana-Germany Supply Chain Due Diligence
Date: 26 April 2022, 10:00 – 11:30 CEST
The event hosted by the Embassy of the Republic of Botswana in BerlinAfrika-Verein der deutschen Wirtschaft and Marlow Strategy.
Here are three takeaways from the event:
- The Act will also impact suppliers further down supply chains, who do not sell directly to Germany.
- Suppliers can expect increased contract and code requirements from German customers and failure to comply could result in the loss of business.
- Investments required to fulfil the new requirements will be relevant for other markets, as regulation is increasing in Switzerland, the Netherlands and the European Union.
Webinar: The Future of Trade and Business with German Companies Under the DDSC (recording)
Date: 27 January 2022, 10:00-11:30 CET
This webinar was hosted by Marlow Strategy.
Here are our top 3 reflections from the webinar:
- The law applies to all German companies and foreign companies with a branch in Germany. International suppliers also need to prepare for new contractual requirements from their clients.
- International suppliers could risk losing business if they unable to show they are taking adequate risk management measures. They need to ‘know and show’ how they are addressing human rights in their own operations and supply chains.
- Any changes a company makes to meet the new requirements in Germany, will be a good investment as more regulation is expected. Switzerland have already tightened their requirements with new ‘responsible business’ legislation and changes are also being discussed in the Netherlands and at EU level.