How should companies handle CS3D? At #ECEC2024, Stefanie Fehr, Professor for Compliance, and Holger Hembach, Attorney-at-Law, addressed this question before our audience of 5,000. Stefanie shared survey insights revealing that 76% of companies cite lack of transparency as a major challenge in meeting CS3D requirements. Holger followed with some practical advice for companies: 💡 Trace your supply chain - regulations are coming, and knowing it will be essential. 💡 Learn about human rights - understanding them is key to preventing violations. 💡 Build relationships with stakeholders - they know best when their rights are impacted. And his top tip: 𝐒𝐭𝐚𝐫𝐭 𝐞𝐚𝐫𝐥𝐲! These steps take time, so don’t wait to prepare for CS3D. #ECEC2024 #TransformCompliance #SupplyChain
European Compliance & Ethics Community (ECEC)’s Post
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Streamline your disclosure reporting and stay ahead of regulations with GUARDD. Our tools are designed for companies eager to simplify reporting updates and navigate Blue Sky exemptions. Discover the GUARDD advantage at guardd.com!
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Streamline your disclosure reporting and stay ahead of regulations with GUARDD. Our tools are designed for companies eager to simplify reporting updates and navigate Blue Sky exemptions. Discover the GUARDD advantage at guardd.com!
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Streamline your disclosure reporting and stay ahead of regulations with GUARDD. Our tools are designed for companies eager to simplify reporting updates and navigate Blue Sky exemptions. Discover the GUARDD advantage at guardd.com!
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Streamline your disclosure reporting and stay ahead of regulations with GUARDD. Our tools are designed for companies eager to simplify reporting updates and navigate Blue Sky exemptions. Discover the GUARDD advantage at guardd.com!
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Streamline your disclosure reporting and stay ahead of regulations with GUARDD. Our tools are designed for companies eager to simplify reporting updates and navigate Blue Sky exemptions. Discover the GUARDD advantage at guardd.com!
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Business and Human Rights | CS3D | ECHR
1moThank you for organising this great event and for the invitation!