Updated guidance "Developing and implementing your own policy
Updated guidance "Developing and implementing your own policy
Regardless of size, business volume, industry or structure, companies are subject to a duty of care. The written anchoring of ecological and social due diligence obligations and anti-corruption standards within the framework of a policy is an essential component for fulfilling these obligations.
The Supply Chain Due Diligence Act, for example, requires companies to publish a policy on how they will comply with these due diligence requirements. Possible forms of a policy are a voluntary commitment, a code of conduct, a declaration or a guideline.
To support companies in developing and implementing a policy, the Textiles Partnership has revised its guidance "Developing and implementing your own policy". The updated guidance answers questions on the requirements, form, content and purpose of a policy. A number of practical examples have been added. They show how companies can integrate various social and ecological aspects as well as anti-corruption aspects into a policy.
Furthermore, the updated guidance includes practical tips on how to implement the policy. For this purpose internal processes and measures are examined in more detail. Finally, the guidance contains building blocks for the written definition and implementation of a code of conduct for suppliers and business partners.
The guide "Developing and implementing your own policy" is available in German and English .
