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Which ESG risks are addressed by the Supply chain act?

The Supply Chain Act addresses various ESG risks related to supply chain management, including but not limited to:

1. Labour law compliance: Ensuring that companies in the supply chain adhere to labour laws and regulations including fair wages, working hours, and health and safety standards.

2. Child labour: Preventing the use of Child labour in the supply chain and ensuring that suppliers comply with international standards on Child labour.

Supply chain actors

A supply chain is a system of organizati…

Labour law

Labour law (also labor law or employment…

Working conditions

Working conditions cover a broad range o…

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Final conclusion

The Supply Chain Act ensures compliance with labour laws, child labour prevention, and fair working conditions. It promotes ESG metrics reporting, sustainability, and transparency in supply chains. The Act addresses diversity, inclusion, and responsible business practices. The ILO provides labor standards and laws support, while the SA8000® Standard ensures ethical working conditions globally. The Lieferkettengesetz compliance is vital, with Achilles Academy offering ESG risk solutions. The German Supply Chain Due Diligence Act focuses on human rights protection. CaixaBank partners with Achilles to improve ESG criteria in its supply chain, fostering sustainability.

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