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Supply Chain Due Diligence Act
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Description (English)
For companies with average annual revenue exceeding EUR 400 million, the fine for certain failures to take remedial measures or implement plans may be up to 2% of average worldwide annual revenue.
Description (German)
Bei Unternehmen mit einem durchschnittlichen Jahresumsatz von mehr als 400 Millionen Euro kann die Geldbuße wegen bestimmter Abhilfemaßnahmen- oder Konzeptverstöße bis zu 2 Prozent des durchschnittlichen weltweiten Jahresumsatzes betragen.
Kind
Criminal Liability
Damage to Reputation
Exclusion from Procurement
Monetary Fine
Other
Other Prohibitions and Exclusions
Private Action
Prohibition of Sales
Public Disclosure
Rule set
Regulation-wide (no rule set)
Companies with a seat or headquarters in Germany and at least 3,000 employees
Companies with a branch in Germany and at least 3,000 employees
Companies with a seat or headquarters in Germany and at least 1,000 employees from 2024
Companies with a branch in Germany and at least 1,000 employees from 2024
Responsible authority
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