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Unlocking Business Success through Business Social Compliance Initiative (BSCI) Compliance

June 25, 2024

In today's global economy, businesses are being watched for how they treat people and the environment. Customers and investors want to know that brands are ethical, so it's important for businesses to show they care. Business Social Compliance Initiative (BSCI) helps businesses to assess and improve their social performance.

What is BSCI?

The BSCI is a non-profit association that was established in 2003 to promote sustainable and ethical trade practices. It offers a structured approach for businesses to monitor and improve their supply chains, focusing on principles that enhance human prosperity and responsible use of resources.

Key Benefits of BSCI

Business Social Compliance Initiative or BSCI helps businesses ensure their suppliers follow ethical standards, leading to improved working conditions, fair treatment of employees, and a reduction in labor rights abuses.

Implementing BSCI standards helps identify inefficiencies and areas of non-compliance in the supply chain. Addressing these issues proactively reduces costs, avoids risks related to labor disputes and fines, and streamlines operations.

Following the BSCI Code of Conduct prepares businesses to adapt to regulatory changes and market demands, ensuring continuity and long-term sustainability.

A strong commitment to ethical practices and sustainability builds trust with customers, stakeholders, and investors. High ratings in BSCI audits showcase a company's dedication to these values, enhancing its market reputation.

SGS is a leading provider of certification, testing, inspection, and verification services, with a global network of over 800 experienced auditors. Offer consistent and reliable audit services worldwide, ensuring businesses receive quick, cost-effective audits and dedicated support for large-scale programs.

Participating in BSCI audits offers businesses numerous advantages, including better social performance, cost savings, enhanced resilience, and improved reputation. By working with SGS, companies can ensure they meet high ethical standards and foster sustainable growth. Prioritizing these practices not only meets regulatory requirements but also builds a foundation for a reputable and resilient business.

About SGS

We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for sustainability, quality and integrity. Our 99,600 employees operate a network of 2,600 offices and laboratories around the world.

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