Germany’s government agreed Wednesday to implement new legislation that could fine companies millions of euros for labor or environmental abuses that occur at any point in their supply chain, from the harvesting of raw materials to the completion of the finished product. Under the so-called “Lieferkettengesetz,” or supply-chain law, businesses can be fined up to…
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EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.
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