SPD parliamentary group leader Rolf Mützenich is against the suspension of the German supply chain law, as proposed by Federal Minister of Economics Robert Habeck. Mützenich stressed that the SPD continues to support the law and will not suspend it across the board. Habeck had suggested weakening the German law until the European law is in effect. Habeck stressed that an EU-wide Supply Chain Act essential to create equal standards in the European internal market. In about two years, EU states must implement the new law into national law in order to strengthen human rights worldwide and hold large companies accountable. You can find more details in the article on www.sueddeutsche.de read more.
In the past, there have been similar discussions and debates about the implementation of supply chain laws in other countries such as France, the Netherlands and Norway. These countries have already passed corresponding laws to ensure compliance with human rights and environmental standards along global supply chains. The introduction of such laws has led to increased transparency in the supply chain and increased pressure on companies to comply with human rights standards.
The decision not to suspend the German supply chain law could have a long-term positive impact on working conditions in production countries. By requiring large companies to be accountable for violations along their supply chains, forced and child labor, as well as other human rights violations, could be reduced. This could contribute to a fairer global economy while strengthening the reputation of German companies that are committed to ethical standards.
Source: nachrichten.ag