Automate your supply chain program to meet the obligations of the LkSG
The German Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz or “LkSG”) focuses on protecting human rights and ensuring environmental sustainability in your supply chains, requiring companies to produce public-facing due diligence reports for transparency.
Aravo’s leading third-party and supply chain risk management platform provides organizations with a pre-configured third-party due diligence and risk management solution aligned to the nine obligations of the LkSG.
“In today’s global impact of ESG, Aravo is one of the few solutions solving the most complex organizational challenges in the extended enterprise.”
– Michael Rasmussen, GRC Pundit and Analyst, GRC 2020
Establish a risk management system
Support Human Rights Officer with Insights and Program Monitoring
Conduct risk analyses at a minimal annually
Distribute your Human Rights Policy to Suppliers
Establish preventative measures for your org and suppliers
Take remedial actions to minimize potential violations
Establish a complaints procedure
Undertake due diligence for supplier risks
Document and report due diligence obligations annually
Assess third parties and suppliers to meet LkSG obligations
Use external risk intelligence providers for initial and continuous monitoring of suppliers
Review metrics and centralize reporting of LkSG risk and compliance performance
” Aravo is an excellent tool for managing end to end processes, with tailored workflows, emails and chase cycles built in to the automated system capability. Aravo’s strength for me lies in its traceability and high level of automation. Aravo is a highly customizable and versatile system. “
– Social Accountability Manager, Global Manufacturing Firm
“Aravo provides GE with a globally accessible application for the management of critical information around our supply base and allows us to syndicate the information to our various purchasing, payables and other systems so that we can have one coordinated view of all supplier activity and commitments. We are confident that the ROI is not just positive, but it’s massively positive.”
– Corporate Initiatives Group,
GE Global Procurement
“We have used Aravo for eight years now, and it has been a backbone of our supplier information and compliance processes. Aravo themselves are excellent to work with and have been highly supportive and understanding of our business goals.”
– Lead IT SME,
Program and Portfolio Management,
Manufacturing Company
Aravo has the market’s most comprehensive set of capabilities for managing third-party, vendor, and supplier risk and performance
