Simplify Third-Party LkSG Compliance
Dive deep into potential compliance issues across your third-party network.
RISK AREA: SUPPLY CHAIN DUE DILIGENCE
Maintain Lieferkettengesetz (LkSG) compliance through Ethixbase360.
Our due diligence questionnaire and risk assessment simplifies continued compliance throughout your supply chain.
Germany’s adoption of stricter supply chain due diligence is challenging companies of all sizes to learn more about third parties. Our Lieferkettengesetz Questionnaire promotes direct engagement with third parties in a pragmatic format that’s simple to complete and covers key LkSG risk topics. Gain insights into your network’s human rights record, environmental risks, compliance controls and more to enable compliant reporting.
The stringent reporting requirements of LkSG necessitate gathering, organizing and storing significant amounts of critical data–and that can be a challenge no matter the size of your company and third-party network. Ethixbase360’s Lieferkettengesetz solution integrates directly with our Third-Party Risk Management solution to simplify the due diligence process for in-house compliance teams and your supply chain partners.
Assessment & Reporting
Ethixbase360 allows you to drill down into specific risk areas at the third-party level. The robust methodology designed and updated by Norton Rose Fulbright allows you to risk rate third parties and gain actionable mitigation insights. Assessment and reporting on the impacts of your risk management efforts provides visual comparison of progress year-over-year to help chart your path forward to improved standards across your network.
Enhanced Due Diligence
Due diligence looks different based on a variety of factors, from geographic location to company size and more. Ethixbase360 makes it easy to get the information you need with features including analysis in more than 35 languages, 12-month ongoing monitoring and the ability to configure automated workflows based on risk assessment and monitoring alerts. The solution scales and flexes as your supply chain evolves.
Engage third parties directly with easy-to-complete, responsive questionnaires developed by legal
Reporting & Analytics
Instantly find the information you need in real-time to confirm third-party compliance
Assess risk across your third parties with automated risk ratings defined by your criteria
Screening & Monitoring
Safeguard your business and ensure compliance with instant screening, false positive remediation, and
Workflows, Configuration & Integrations
Create automated risk-based workflows for faster decision-making and global program scalability
Explore, Enhance, Engage
Safeguard your reputation with a 360° view. Try EthixBase360 now.
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“Ethixbase360 has been really helpful and responsive. The platform itself is very user-friendly and everything now is much more organized for us and there’s a lot more automation in the process now. They have been really helpful with not just the product, but also suggestions. They’ve sometimes steered us towards more cost-effective things that would provide a similar level of protection. I’ve never been frustrated with waiting for a response.”
Group Compliance Manager
Global Medical Devices Suppliers
“The greatest value for us is the documentation on the system of three elements: compliance clause, due diligence questionnaire and code of conduct for each third party. Also, what is valuable is the fact that they were designed by us and it’s configurable.”
Head Integrity & Compliance
Global Retail Company
“Everything is valuable in Ethixbase360’s platform, from the moment they trigger the automatic email directly to the third parties, the third parties respond directly via the platform, the Enhanced Due Diligence (EDD) reports are good, the Instant Due Diligence Plus (IDD+) is a very good complement for changes in management. The whole process is very useful.”
Head Group of Compliance
Fortune 500 Pharmaceutical Company
“Excellent is a very difficult concept to achieve, I do not want to oversell my satisfaction, but generally I am extremely satisfied with [Ethixbase360]. I would go for 9/10 for their customer service and the same perception is from within the organization. I never received a negative feedback from our team and our users rated the platform being easy, really intuitive and they like it.”
Head Group of Compliance
Global Agri-business Company