Germany to Jettison the Supply Chain Due Diligence Act
By EsqSocial Corporation 10/04/25
Germany’s incoming coalition government has announced plans to repeal the German Supply Chain Due Diligence Act (LkSG). This decision, which was expected based on prior public statements, was included in the 144 page coalition agreement released yesterday, six weeks after the German federal elections. The LkSG, which came into effect on January 1, 2023, requires larger German companies – including German subsidiaries and branches of U.S.-based and other foreign multinationals – to assess and...
By: Ropes & Gray LLP