F-Trace, GLOBALG.A.P., GS1 and IFS Agree on Strategic ESG Cooperation

The aim of the collaboration is to leverage holistic supply chain solutions and provide supply chain participants with valid data.

Due to increasing regulatory requirements and consumer demands, transparent supply networks are essential.  These developments are expected to accelerate, at the latest starting on January 1, 2023, when Germany’s new Supply Chain Due Diligence Act (LkSG) enters into force. Internationally, the United Nations Sustainable Development Goals (SDG) and the resulting internationally recognized standards also highlight the need for transparency in global supply networks. All existing and new processes supporting greater transparency require cooperation and a high degree of data integrity.

In an effort to address regulatory and individual company challenges and to offer corresponding solutions, GS1 Germany, together with its subsidiary F-Trace, will work closely with the certification organizations GLOBALG.A.P. and International Featured Standard (IFS). The aim of the strategic cooperation is to ensure transparency along entire supply chains and thus to efficiently fulfill the legislative requirements in the area of Environmental Social Governance (ESG).

Download the full press release here.

 

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