The rising importance of supply chain due diligence
The demand for transparency and traceability has increased in recent years, bringing with it a plethora of regulations and frameworks which require companies to have full visibility of their supply chains.
Not only have requirements for reporting risen, but companies are increasingly expected to be able to mitigate their impacts through due diligence measures.
This has become particularly important for the textile and apparel industry, with its complex, global supply chains that often lack transparency.
Therefore, the introduction of stricter requirements for transparency and due diligence are welcome additions to the industry, and are quickly becoming critical necessities, rather than optional or desirable features.
Regulation of supply chain transparency
Due diligence has become formalised with the introduction of legislation such as the EU’s Corporate Sustainability Due Diligence Directive (CSDDD), which requires companies to identify and address human rights and environmental risks, taking steps to prevent, mitigate, and remedy negative impacts.
There is also an increase in requirements for transparency and due diligence in supply chains associated with specific commodities, such as the EU Deforestation Regulation (EUDR).
These only scratch the surface in terms of supply chain due diligence regulations.
Start your transparency journey
Eurofins offer a range of tools designed for traceability and transparency, such as our cotton origin verification testing and supply chain mapping services.
We have also recently launched our EUDR Deforestation Impact Assessment, helping companies achieve compliance with the EU Deforestation Regulation.
Contact us today to learn how we can support your business.
