The scope of application of the Supply Chain Due Diligence Act (“LkSG”) was significantly expanded on January 1, 2024. Since then, companies with 1,000 employees or more (in the entire domestic group of companies) have been covered by the scope of application. Many companies in the real estate sector now also have to deal with the LkSG for the first time and implement the obligations arising from the law, as the acquisition and development of real estate or the rental of corresponding premises may also fall within the supply chain under certain circumstances. Furthermore, it cannot be ruled out that further tightening of the LkSG will follow due to the currently planned EU Supply Chain Directive.
In view of the current political discussion regarding the LkSG and the severe fines for non-compliance with the requirements of the LkSG, the objectives, scope of application and main obligations of the LkSG should be known.
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