Let's Build a Sustainable Supply Chain Together

Social compliance is a continuing process in which organizations endeavor to protect the health, safety, and rights of their employees, the community and environment in which they operate, and the lives and communities of workers in their supply and distribution chains. Social compliance and social responsibility may address concerns about:

• Labor rights for workers
• Fair labor laws
• Harvesting and the use of conflict minerals
• General environmental
• Sustainability questions.

Social compliance auditing is practiced mainly by retailers and manufacturers, also called purchasers or brands. Auditing allows brands to maintain oversight of the social practices of their supply chain, including maintaining company-established codes of conduct regarding purchasing and following local labor, health, and safety laws.

Attention to social compliance also serves to protect your brand reputation among consumers. The information garnered during social compliance audits and by producing continuous improvement plans for suppliers and retailers can help companies address critics and articulate an understanding of worker conditions and necessary improvements.

Behaving in a socially responsible manner means ensuring the protection of the health and safety of workers, including those within our supply and distribution chains; defending human rights and protecting the community and the environment in which we operate. Some of the main benefits that this brings to your company include the following:   

1. Show customers and stakeholders that your company and employees comply with local laws, international standards, and ethical practices applicable to your region and industry.  
2. Create a higher level of trust in your company.  
3. Collection of valuable data to improve decision making 
4. Enhanced relationships with all stakeholders  
5. Attract and retain talent and promote employee engagement 

In order to adapt to the new ways of working, businesses will have to aim beyond driving profitability, creating value not only for their shareholders but also for society. This is done by targeting humanity’s toughest challenges as their own and thinking beyond traditional initiatives for corporate social responsibility.  

Nowadays, companies face the need to define competition on a broader scale, adding new depths of value through a holistic well-being approach, environmental sustainability, and an ethical corporate culture. In order to achieve this, organizations require radical business model innovations to enable circular economies for precious resources.  

Furthermore, stakeholders are pressuring companies and investors to go beyond financial returns and take a more holistic view of their impact on society. Changes are best approached when they scale up from details, to the most innovative decisions, creating movements that drive better results. Become part of an ethical and sustainable culture and begin to identify the gaps that prevent your company from reaching its full potential, to then create a plan to remedy them.

• Creating awareness among beneficiaries and providers of local social and productive services.
• Increasing efficiency and effectiveness of local development programmers
• Scrutiny of various policy decisions, keeping in view stakeholder interests and priorities, particularly of rural poor.
• Estimation of the benefits for stakeholders of timely certification