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1000 reasons speak in favour of a strong EU supply chain law
The EU Supply Chain Act is about to be adopted in the coming weeks, after a compromise between the EU Commission, the Parliament and the Member States was reached in December 2023, with the participation of the Federal Government and Federal Minister of Justice Marco Buschmann (FDP).
The FDP's sudden departure from this European-coordinated compromise is explained by the strong influence of lobbying associations. These lobbyists argued in letters to the federal government that the EU Supply Chain Act would affect the competitiveness of European companies and create unnecessary bureaucracy.
However, these claims contrast with the positive attitude of many German and European companies, including Vaude, Tchibo, GLS Bank, IKEA, ALDI Süd, Primark, Epson and Ericsson, who support German law and advocate a stricter EU law. This is confirmed by a survey by the Handelsblatt Research Institute (HRI) of 2,000 German companies, in which only seven percent of companies opposed the obligation to comply with human rights and environmental standards in their supply chains.
In view of this discrepancy between lobby groups and the majority of companies, we appeal to Chancellor Olaf Scholz to take his human rights obligations seriously and to campaign until the end for the adoption of the EU Supply Chain Act in the Federal Government.
Further articles on the endorsement of the EU Supply Chain Act by companies:
Handelsblatt: "Five myths and facts about the EU Supply Chain Directive"
taz: "Entrepreneurs want rules"
Handelsblatt: "Why smart regulation can achieve efficient and sustainable supply chains", Guest contribution by SAP Board Member Thomas Saueressig
Wallstreet Online: ‘EU Supply Chain Act brings additional revenue to firms’
