When do I have to prepare a sustainability report? What information do I have to include in my annual report? What do I have to consider when I get a new supplier? These and similar questions are currently being asked by many companies. The fact is: more sustainability is becoming mandatory. Companies are directly and indirectly affected by this, because upcoming reporting or disclosure obligations also take the supply chains into consideration.
To ensure that these additional requirements are not viewed as only bureaucracy, affected companies should already start working on strategically integrating the topic of sustainability into their business.
Because in order to be able to provide answers to social issues such as the environment and climate protection, respect for human rights, combating corruption, strengthening diversity, or protecting employee rights, you need resilient information, a consideration of risks and measures to minimize them, and above all: a strategy for how these issues are to be managed in the company in the future.