F-Trace, GLOBALG.A.P., GS1 and IFS agree on strategic ESG cooperation
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.
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).
Thomas Fell, Lead GS1 Germany, is convinced: “For the multitude of challenges regarding supply chain transparency, collaborative approaches and globally valid standards are the key. This cooperation brings us a big step closer to our goal of achieving the highest level of data quality and data integrity for our community.”
Stephan Tromp, Managing Director of IFS, adds: “Collaboration is essential for transparent supply chains. It is critical in meeting the growing demands of consumers and politics in the area of ESG. Together with F-Trace, GLOBALG.A.P. and GS1 Germany, we want to offer viable one-stop solutions for optimal supply chain management.”
To this end, the cooperation partners combine, among other things, established standards from the consumer goods industry and GS1 in the community platform “ftrace transparency”. This enables them to provide consistently valid data for all participants in their complex supply networks. Especially since GLOBALG.A.P. and IFS have already certified over 250,000 companies worldwide. Within the framework of the cooperation, from now on – by means of internationally recognized standards – the certified market participants can be optimally linked with each other.
Kristian Möller, Managing Director of GLOBALG.A.P., says: “We welcome F-Trace’s initiative to offer this highly needed transparency platform. Now we can recommend all our global certificate holders the early opportunity to connect and share their ESG compliance on a community driven IT infrastructure that is truly governed by the sector itself.”
Mark Zeller, Lead F-Trace, summarizes: “Together with the know-how of GLOBALG.A.P., GS1 Germany and IFS, we are able to check all data fed into ftrace transparency as well as certificates used for their authenticity and correctness. In addition, we remain open to further social and ecological minimum standards that are brought to us from the community.”
The cooperation enables transparency data to be used in near real time as part of a standardized and decentralized approach. In this way, F-Trace, GLOBALG.A.P., GS1 Germany and IFS meet all supply chain participants’ and market requirements – regardless of industry, company size and IT maturity.