What’s the track record of German companies implementing the LkSG? Listen to Sarah Hechler, previously Social Project Manager at the UN Global Compact Netzwerk Deutschland, and Christopher Bayer, Senior Researcher on the study and Principal Investigator at Development International
How effectively have German firms been implementing the LkSG?
In this episode of Frankly Speaking, Richard Howitt was joined by Sarah Hechler, consultant at the German Helpdesk on Business and Human Rights (Helpdesk Wirtschaft und Menschenrechte) and previously Social Project Manager at the UN Global Compact Netzwerk Deutschland, which has just published the first comprehensive study of the implementation of the German supply chain due diligence Act, the LkSG. Also joining this episode was Christopher Bayer, Senior Researcher on the study and Principal Investigator at Development International.
Together they revealed the overarching findings of their study, especially on which areas companies demonstrate strong performance on HREDD, and where they are falling behind. You’ll also hear about:
There's very little pressure being applied to companies by investors looking at how they're actually behaving and treating human rights as a core business priority. This needs to change.
Investors shouldn't just take companies' word for what they're doing; they should investigate what the companies are actually doing regarding human rights.
Germany's NewClimate Institute has produced the Corporate Climate Responsibility Monitor report, evaluating the transparency and integrity of climate pledges of 51 major companies across different sectors and geographies.
