European Commission Launches Supply Chain Compliance Portal
The European Commission launched an online portal to provide businesses guidance on verifying actors in their supply chains and to aid with sanctions compliance, the commission said in a Nov. 19 press release. The “Due Diligence Ready!” portal will help businesses “check the sources of the metals and minerals entering their supply chain” and improve due diligence, the commission said. Specifically, the portal will help businesses identify whether their supplies are originating from human rights abusers who may be subject to European sanctions by providing access to training materials, guidance information and due-diligence requirements.
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“Businesses should ensure that each step in the value chain is carried out in a transparent, responsible and sustainable way,” Elżbieta Bieńkowska, the commissioner for Internal Market, Industry, Entrepreneurship and SMEs, said in a statement. She added that the portal will “help businesses make more informed choices.”