The Indo-German Chamber of Commerce cordially invites you to the webinar “Responsible Sourcing in Practice: Successful Strategies from Companies Operating in India.” This session will explore effective strategies, common challenges, and emerging opportunities in responsible sourcing, with a focus on managing supply chain risks through strategic, forward-looking approaches.

As global trade continues to face challenges arising from supply chain disruptions, geopolitical developments, and climate change, companies are increasingly recognising the value of responsible business practices as a strategy to enhance the resilience and sustainability of their supply chains. Responsible sourcing extends beyond securing a stable supply of materials and goods. It encompasses the identification and mitigation of environmental and social risks, the promotion of transparency, and the cultivation of ethical business conduct throughout global value chains. In doing so, companies must navigate a dynamic regulatory environment marked by evolving human rights due diligence and sustainability reporting requirements, all while managing financial risks, maintaining operational efficiency, and identifying opportunities associated with responsible procurement.

The webinar will also address how companies can respond proactively to responsible business developments. Participants will gain insights into practical frameworks, collaborative initiatives, and relevant tools, that support responsible sourcing practices, as well as direction on integrating sustainability into procurement practices in a scalable and cost-effective manner. In addition, the discussion will highlight how SMEs can leverage partnerships, build internal capacities, and adopt risk management approaches to remain competitive in an evolving global market.

Key Discussions:

• Expert views on the global regulatory developments and uncertainties arising from the EU Omnibus
• Double down or pause:  how should companies respond to uncertainties around supply chain due diligence regulations?
• How companies contribute value creation and economic growth through the implementation of responsible sourcing in India
• How companies successfully navigate existing human rights due diligence regulations (the German Supply Chain Act) and the uncertainties of evolving regulations like the EU Corporate Sustainability Due Diligence Directive (CSDDD)
• How companies build successful business models centred on responsible sourcing
• How companies enhance business resilience and competitiveness in global markets using well-developed responsible sourcing strategies

Attendance Advisory:

This webinar is suitable for business leaders, sustainability and compliance officers, supply chain and procurement professionals, corporate strategists, and regulatory experts. Particularly those involved in or overseeing responsible sourcing and supply chain operations in India and Germany.

AGENDA