Centralize the collection and management of key supplier data such as email addresses, country of residence and NACE codes to ensure compliance and increase operational efficiency. Our guide shows how the automated integration of NACE codes in the lawcode Suite significantly simplifies risk analysis according to LkSG and CSDDD.
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Contents of the guide
Compact, practical and directly implementable: from the legal obligation to automated NACE integration in the lawcode Suite.
The LkSG obliges companies to carry out a risk analysis of the supply chain. You will find out which specific requirements apply, which data must be collected and why NACE codes play a key role in a legally compliant industry assessment.
Manual data maintenance is error-prone and time-consuming. The guide shows how you can use automated tools, NACE codes and external data sources to make the collection of supplier data efficient and scalable.
NACE codes classify economic sectors uniformly throughout Europe. You will learn how to use the industry classification to automatically identify, prioritize and transfer high-risk sectors in your supply chain.
Find out how the lawcode Suite digitally maps risk analysis - with automatic supplier evaluation, audit-proof documentation, resubmissions and integration into purchasing systems.
The guide shows how the integration of NACE codes reduces the analysis effort, keeps data consistent and proactively manages compliance risks.
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For whom?
Entry into force for large companies
Since January 1, 2023, the LkSG has applied to companies with 3,000 or more employees.
Expansion to medium-sized companies
Since January 1, 2024, the LkSG has applied to all companies with 1,000 or more employees.
Possible changes
First consultation on the draft bill to amend the LkSG.
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