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Burdens And Benefits Of A Supply Chain Law For Companies The Lieferkettengesetz And The European Supply Chain Act
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Book Synopsis Burdens and Benefits of a Supply Chain Law for Companies. The "Lieferkettengesetz" and the "European Supply Chain Act" by :
Download or read book Burdens and Benefits of a Supply Chain Law for Companies. The "Lieferkettengesetz" and the "European Supply Chain Act" written by and published by GRIN Verlag. This book was released on 2023-03-24 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2022 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 1,0, University of Tubingen (Weltethos Institut), language: English, abstract: This paper deals with the burdens and benefits for companies of an upcoming Due Diligence Act on supply chains. The focus is put on the supply chain law in Germany and in Europe. In the first step, fundamental terms and theories concerning the supply chain law are presented referring to the German and European Due Diligence Act putting both in a relationship by illustrating similarities and differences between them. Subsequently, various kinds of burdens and benefits of the supply chain law are assessed from the viewpoint of companies in general. Finally, both up and downsides of impacts on companies are going to be considered in a direct comparison ending in a conclusion. Volkswagen factory near internment camps for Uyghurs in Xingjiang, child labour on toxic cobalt and lithium mining plants, exploitative and polluting fast fashion industry. These are only few of the numerous conditions that companies cause in their environment through supply chains. According to the International Labour Organization, in 2020, almost 1 in 10 children worldwide is in child labour, accounting for 160 million children worldwide. Companies have grown their supply chains internationally while gaining high profits and also exploiting developing countries. At the same time, one of the largest and most effective levers to preserve the environment and to avoid human rights violations are supply chains. Therefore, making supply chains more sustainable is one key task companies are confronted with the upcoming mandatory human rights and environmental due diligence regulations. Although there are several voluntary guidance approaches with the aim of minimizing and avoiding human rights violations and environmental harm such as the United Nations Principles for Business and Human Rights, also referred to as the "Ruggie Principles", current results are disappointing regarding the implementation of this concept. That is why more and more countries are enacting regulations in order to ensure more sustainable supply chains. Following other European countries, the German parliament recently has passed the “Supply Chain Due Diligence Act” or in short, the supply chain law. As highly suggested and expected, the European parliament has drafted a European solution as called European Due Diligence Act. These recent developments imply both, new challenges and opportunities for companies that again have caused a major divergence of views of various stakeholders.
Book Synopsis Law and Responsible Supply Chain Management by : Vibe Ulfbeck
Download or read book Law and Responsible Supply Chain Management written by Vibe Ulfbeck and published by Routledge. This book was released on 2019-01-10 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Social Responsibility has for long been on the agenda in the business world and recently, it has also become a political agenda in the European Union. Focusing on international supply chains and their control based on studies of law in several European jurisdictions, this book aims to advance the discussion on the application and enforcement of CSR. Drawing parallels to US and Canadian law, the book explores to what extent private law tools can be used as an enforcement device and it ultimately asks if what we are witnessing is the formation of a new area of law, employing the interplay of contract and tort – a law of "production liability", as a corollary of the concept of "product liability".
Book Synopsis The German Supply Chain Act and its Economic Impacts by : Promise Chukwu
Download or read book The German Supply Chain Act and its Economic Impacts written by Promise Chukwu and published by GRIN Verlag. This book was released on 2022-05-20 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2022 in the subject Business economics - Supply, Production, Logistics, grade: 1,3, University of applied sciences, Cologne, language: English, abstract: The previous administration in Germany passed the German supply chain due diligence law known as "das Lieferkettengesetz‘" in June 2021. Now, what does this mean and what impact does it have on the supply chain processes of companies located in and outside Germany? The reason why the German parliament known as "Bundestag" passed this law will be addressed in full details. Supply chain can be understood as a channel of distribution beginning with supplier of raw materials, components needed to assemble goods, this extends to the manufacturing processes, the distribution, and the retail and finally to the final consumer, with the primary goal of creating high level of competitive advantage. The popular definition of supply chain is that it is a set up approaches utilized to efficiently integrate suppliers, manufactures, warehouses and stores, to enhance the production and distribution of merchandise at the right quantities and the right location and right time. The purpose is to minimize costs and satisfy service-level requirements.
Book Synopsis Guide to Supply Chain Compliance Laws and Regulations by : Travis James Miller
Download or read book Guide to Supply Chain Compliance Laws and Regulations written by Travis James Miller and published by . This book was released on 2021 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Role of Legal Compliance in Sustainable Supply Chains, Operations, and Marketing by : John D. Wood
Download or read book The Role of Legal Compliance in Sustainable Supply Chains, Operations, and Marketing written by John D. Wood and published by Business Expert Press. This book was released on 2014-07-31 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainability is a global megatrend with ramifications across all functional areas of business. This book addresses an underdeveloped topic in the field of sustainable business—the use of corporate resources dedicated to legal compliance. In order to comply with the law, supply chain, operations, and marketing professionals must know what the applicable legal frameworks are. In order to promote sustainable business, these same professionals must go beyond mere compliance with these laws. This book will assist you in both respects by (1) offering concise discussions of the primary legal frameworks governing the social, economic, and environmental dimensions of supply chain management, operations management, and marketing; and (2) making the business case for going beyond mere compliance with legal requirements. Written by an expert in environmental law and public policy, this book argues that companies that go beyond mere compliance with social, economic, and environmental safeguards inherent in legal regimes will capture greater benefits and incur fewer risks from their supply chain, operations, and marketing activities.
Book Synopsis “The Impact of The German Supply Chain Due Diligence Act”: “Analysis of Potential Challenges and Impacts for Companies in the Agribusiness Sector” by : Claudia Estefania Mendez
Download or read book “The Impact of The German Supply Chain Due Diligence Act”: “Analysis of Potential Challenges and Impacts for Companies in the Agribusiness Sector” written by Claudia Estefania Mendez and published by . This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this paper contributes with a holistic understanding of the German Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz, LkSG) and its background. Throughout this research the focus is to evaluate the Act's effectiveness in achieving its objectives of preventing human rights abuses and environmental harm in companies' supply chains affected by this law. This research analyses the Act's requirements, such as due diligence obligations, transparency measures and sanctions for failing to comply. Moreover, an in-depth analysis of the Act's key provisions and legal framework is providing and exploring potential challenges and impacts for companies in the agribusiness sector operating in Germany that fall under the Act's scope. Additionally, this research provides a clear overview of the Act's potential strengths and weaknesses through comparative analysis with similar legislations worldwide, case studies, which contributes to a better understanding of the evolving landscape of supply chain regulations and potential impact on corporate practices, that may offer valuable insights to policymakers and enterprises seeking to navigate the intricacies of modern supply chains in an ethically responsible manner. Furthermore, eight interviews are conducted as part qualitative research methodology of this thesis. The effectiveness of the law to communicate its requirements and communication of expectations is analysed. Legal, procurement, sustainability, and human rights subject matter experts are answering to the interviews, to be able to analyse, compare and evaluate lineal understanding and gaps in the Act.
Book Synopsis The Passing-On Problem in Damages and Restitution under EU Law by : Magnus Strand
Download or read book The Passing-On Problem in Damages and Restitution under EU Law written by Magnus Strand and published by Edward Elgar Publishing. This book was released on 2017-01-27 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘Passing-on’ occurs when harm or loss incurred by a business is passed on to burden that business’s customers or the next level of the supply chain. In this authoritative book Magnus Strand provides the first comprehensive examination of passing-on in EU law damages and restitution. The analysis covers a broad range of contexts including competition damages and the repayment of charges.
Book Synopsis Contractual Control in the Supply Chain by : Anna Louise Vytopil
Download or read book Contractual Control in the Supply Chain written by Anna Louise Vytopil and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the legal measures that multinational companies in the Netherlands, England and California take to govern corporate social responsibility aspects of their supply chains and the legal implications these measures have in terms of contract and liability law.
Book Synopsis Government Impact on Sustainable and Responsible Supply Chain Management by : Taghipour, Atour
Download or read book Government Impact on Sustainable and Responsible Supply Chain Management written by Taghipour, Atour and published by IGI Global. This book was released on 2023-07-19 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: A supply chain comprises different actors existing in different countries, including suppliers, producers, and customers. Clothes are supplied from Asia to all other regions; most coffee beans are supplied from South America; and cocoa is produced in Africa. Protecting the rights of people who produce goods in different countries is essential. In fact, according to this evolutionary law, companies need to identify, analyze, and prioritize the risks in their supply chains, and new policies must be established based on these results. New measures are taken to prevent or minimize violations of human rights and damage to the environment. Companies also need to set up grievance channels for people in the supply chains for regular reporting on supply chain practices. The German Supply Chain Act gives consumers the security that companies are managed based on fair production, and many similar legislations are likely to follow in other nations. Businesses around the world must prepare for these types of policies to impact their own supply chain management strategy before they are enforced if they wish to avoid revenue-impacting delays. Government Impact on Sustainable and Responsible Supply Chain Management is edited by Atour Taghipour, with about a decade of experience as a director in Automobile and High-Tech Industries, provides new and innovative ways to integrate social and environmental analysis into global value chains and adapt the law that regulates corporate responsibility for the observance of sustainability and human rights in the supply chain. This book is ideal for professionals and researchers working in governmental and private organizations in supply chain management, operations management, logistics, and operations research. Moreover, the book provides insights and support for executives in managing expertise, knowledge, information, and organizational development in different work communities and environments.
Book Synopsis Towards a Sustainable European Company Law by : Beate Sjåfjell
Download or read book Towards a Sustainable European Company Law written by Beate Sjåfjell and published by Kluwer Law International B.V.. This book was released on 2009-03-26 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: No one doubts any longer that sustainable development is a normative imperative. Yet there is unmistakably a great reluctance to acknowledge any legal basis upon which companies are obliged to forgo ‘shareholder value’ when such a policy clearly dilutes responsibility for company action in the face of continuing environmental degradation. Here is a book that boldly says: ‘Shareholder primacy’ is wrong. Such a narrow, short-term focus, the author shows, works against the achievement of the overarching societal goals of European law itself. The core role of EU company and securities law is to promote economic development, notably through the facilitation of market integration, while its contributory role is to further sustainable development through facilitation of the integration of economic and social development and environmental protection. There is a clear legal basis in European law to overturn the poorly substantiated theory of a ‘market for corporate control’ as a theoretical and ideological basis when enacting company law. With rigorous and persuasive research and analysis, this book demonstrates that: European companies should have legal obligations beyond the maximization of profit for shareholders; human and environmental interests may and should be engaged with in the realm of company law; and company law has a crucial role in furthering sustainable development. As a test case, the author offers an in-depth analysis of the Takeover Directive, showing that it neither promotes economic development nor furthers the integration of the economic, social and environmental interests that the principle of sustainable development requires. This book goes to the very core of the ongoing debate on the function and future of European company law. Surprisingly, it does not make an argument in favour of changing EU law, but shows that we can take a great leap forward from where we are. For this powerful insight – and the innumerable recognitions that support it – this book is a timely and exciting new resource for lawyers and academics in ‘both camps’: those on the activist side of the issue, and those with company or official policymaking responsibilities.
Book Synopsis Sharing Responsibility for Sustainable Supply Chains Under the European Union Deforestation-free Regulation by : Joseph Chun
Download or read book Sharing Responsibility for Sustainable Supply Chains Under the European Union Deforestation-free Regulation written by Joseph Chun and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Union Deforestation-free Regulation imposes on importers and traders exacting requirements to ensure that relevant commodities and products are deforestation-free and comply with local human rights legislation before they are made available in the EU market. These requirements are expected to create an onerous burden on small intermediate suppliers and producers, particularly if relatively well-resourced buyers and other downstream suppliers unfairly exploit their stronger bargaining position to shift responsibility and liability for compliance upstream. Such an approach is potentially counterproductive and may give rise to greenwashing risk. It may also run counter to emerging legislative requirements on supply chain due diligence, such as those found in the draft EU draft Corporate Sustainability Due Diligence Directive. This article proposes that buyers should therefore consider adopting a shared responsibility approach to sustainable supply chain contracting, drawing reference from the American Bar Association's Model Contract Clauses to Protect Workers in International Supply Chains, Version 2.0.
Book Synopsis Company Law and Economic Protectionism by : Ulf Bernitz
Download or read book Company Law and Economic Protectionism written by Ulf Bernitz and published by Oxford University Press. This book was released on 2010-12-23 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of essays examining the conflict between EU law and company law, covering a broad range of topics including takeovers, mergers and restructuring, sovereign wealth funds, and proportionality of ownership and control.
Book Synopsis Responsibility in Supply Chains by : Günther Maihold
Download or read book Responsibility in Supply Chains written by Günther Maihold and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zusammenfassung: On 3 March, the Federal Cabinet adopted an act on corporate due diligence in supply chains. This represents an important step towards German businesses assuming full and proper responsibility for the supply chains associated with their goods and services. The move puts Germany in a group of European countries like France and the Netherlands that have already instituted legal frameworks of their own. However, by choosing to exclude civil liability the German government has left aside a powerful tool for applying targeted pressure to companies that fail to fulfil their obligations. In order to maximise the law's impact, the German Bundestag and government should therefore adopt additional flanking measures. At the European and international levels, Germany can also contribute to making companies assume greater responsibility for their own supply chains
Book Synopsis Towards Mandatory Supply Chain Due Diligence by : Mira Hänninen
Download or read book Towards Mandatory Supply Chain Due Diligence written by Mira Hänninen and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Legal Blacksmith by : Rosemary Coates
Download or read book Legal Blacksmith written by Rosemary Coates and published by . This book was released on 2015-12-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book of its kind, Legal Blacksmith: How to Avoid and Defend Supply Chain Disputes explains how to optimize supply chain relationships, starting with marketing outreaches and supplier bidding through handling legal disputes when supply chain relationships fail. This book describes, in a clear and understandable way, the law that governs each stage of supply chain relationships, how to structure supply chain contracts to accommodate particular issues and concerns, and how to right a supply chain relationship that has gotten off track.
Book Synopsis Private Regulation of Labor Standards in Global Supply Chains by : Sarosh Kuruvilla
Download or read book Private Regulation of Labor Standards in Global Supply Chains written by Sarosh Kuruvilla and published by Cornell University Press. This book was released on 2021-04-15 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Private Regulation of Labor Standards in Global Supply Chains examines the effectiveness of corporate social responsibility on improving labor standards in global supply chains. Sarosh Kuruvilla charts the development and effectiveness of corporate codes of conduct to ameliorate "sweatshop" conditions in global supply chains. This form of private voluntary regulation, spearheaded by Nike and Reebok, became necessary given the inability of third world countries to enforce their own laws and the absence of a global regulatory system for labor standards. Although private regulation programs have been adopted by other companies in many different industries, we know relatively little regarding the effectiveness of these programs because companies don't disclose information about their efforts and outcomes in regulating labor conditions in their supply chains. Private Regulation of Labor Standards in Global Supply Chains presents data from companies, multi-stakeholder institutions, and auditing firms in a comprehensive, investigative dive into the world of private voluntary regulation of labor conditions. The picture he paints is wholistic and raw, but it considers several ways in which this private voluntary system can be improved to improve the lives of workers in global supply chains.
Book Synopsis The European Company Statute by : Michael Gold
Download or read book The European Company Statute written by Michael Gold and published by Peter Lang. This book was released on 2009 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Company Statute is one of the most important pieces of company legislation adopted so far by the European Union. Its aim is to regulate the internal functions of a business operating in more than two European countries. This book provides an analysis of the history, structure, legal basis and likely impact of the ECS.
