Magnet JQS
3 September 2024
Magnet JQS and the Transparency Act
In Magnet JQS, all company profiles are open, allowing you to use standardized supplier information as a basis for your company’s due diligence assessments in accordance with the Transparency Act.
The Transparency Act requires companies to publish an annual statement of their due diligence assessments. We have now also made it possible for all companies to upload their statement in accordance with the Transparency Act in Magnet JQS. Together with other standardized supplier information in the portal, this will make the value chain even more transparent.