In January 2023, the German Supply Chain Law will take effect and will require companies to improve and document protection of the environment and human rights along their supply chain. The new online survey of 1,075 employees in Germany, conducted by Corp News Media Thoering & Stuhr on behalf of Lufthansa Industry Solutions, shows how important an employer who values sustainability is to employees.
An analysis of the online survey brings the following key findings to light:
- The need for information among German employees is great: Only 36 percent of respondents were aware of the Supply Chain Law.
- Sixty-four percent of respondents stated that social and ecological standards are an integral part of the culture at their companies and that this is expressed in very deliberate socially and environmentally aware forms. However, 40 percent also stated that they are not aware of concrete measures for improving the standards.
- Just under 46 percent of employees are trained with a focus on social and ecological topics, and 66 percent of managers were said to pay attention to meeting the standards.
- Only 51 percent of respondents agreed with the question that their business partners (e.g., service providers or suppliers) must meet clear social and ecological standards.
- 71 percent of German employees would look for a new job in the short to medium term if their current employer violated human rights or environmental standards. For 61 percent of staff members, an employer who acts ethically is more important than the highest possible salary.
- The overwhelming majority of employees (80 percent) are convinced that meeting social and ecological standards also makes economic sense at least in the medium to long term, and that doing so makes a company more attractive as an employer (79 percent). The use of modern technologies, such as artificial intelligence and data analytics, is said to make it easier to meet the standards than was the case even a few years ago (70 percent).