As regulations are blooming to encourage economic actors to fight supply chain opacity, it is difficult for companies to navigate this complex landscape: we are thrilled to announce the release of our latest handbook “An overview of key traceability-related legislation worldwide”.
This document covers 10 key traceability-related regulations in the European Union and in the United States that aim at increasing supply chain transparency. With consequences ranging from financial and civil penalties to criminal liabilities, these regulations have a global transformative potential, across sectors and across geographies.
Despite variations in scope and perspective, between CSRD, EUDR or FLPA for instance, these 10 regulations are emblematic of three deeper trends:
· End-to-end due diligence: economic actors are responsible for what happens in their supply chain and are expected to proactively monitor them.
· Proof: claims require proof, notably for those related to ESG, sourcing, and origin aspects.
· Reversal of the burden of proof: in some specific cases, businesses will be considered non-compliant by default unless they can bring sufficient evidence of the contrary.
To a large extent regulations define a future where reliable, end-to-end traceability will be a form of «license to operate» in most markets. While they will significantly impact businesses, they also are a tremendous differentiation opportunity to shape and promote better supply chains, for better products and eventually a better future.
While this document is not legal advice nor exhaustive, we hope it will contribute to raise awareness and provide a useful starting point for you to investigate which regulations apply to you and determine what you need to do to comply with them.
Here's a sneak peek at what you can expect from this indispensable resource:
· Practical summaries for each regulation: what, when, for whom and for which products.
· Factsheets covering: EU Corporate Sustainability Due Diligence Directive (CSDDD), EU Corporate Sustainability Reporting Directive (CSRD), EU Deforestation-Free Regulation (EUDR), EU Digital Product Passport (DPP), EU Critical Raw Materials Act (CRM), EU Forced Labour Regulation, Uyghur Forced Labour Prevention Act (UFLPA), Food Safety Modernization Act (FSMA), Anti-Waste Law for a Circular Economy (AGEC), and German Supply Chain Act (LKSG).
· Law enforcement timelines by sector
Thank you for being a part of our journey, and we can't wait for you to dive into our new Handbook!
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