What is SEDEX?
SEDEX stands for Supplier
Ethical Data Exchange, and is one of the world’s leading ethical trade service
providers, working to improve working conditions in global supply chains. It
provides practical tools, services and a community network to help companies
improve their responsible and sustainable business practices.
There is nothing
like Sedex Certifications. Sedex does not issue any Sedex Certification.
Although Sedex is the Sedex SMETA Audit and the audited reports are published in
the Sedex platform. Sedex is the name of the organization and SMETA is the name
of the audit methodology providing a compilation of best practice ethical audit
techniques.
SMETA
is designed to help auditors conduct high-quality audits that follow the
responsible business practice, covering Sedex’s four pillars of Labour, Health
and Safety, Environment, and Business Ethics. SMETA Sedex Members Ethical Trade
Audit was created by the Sedex membership to give a centrally agreed audit
protocol, for suppliers to share one audit with multiple customers and reducing
duplication in ethical auditing meeting customer requirements. SEDEX SMETA was
originally developed by AAG Sedex Associate Auditor Group, now renamed as the
Sedex Stakeholder Forum (SSF) and involving multi-stakeholder consultation, it
draws from practices defined by Sedex members and by the Global Social
Compliance Programme (GSCP)
Why SEDEX is important?
SEDEX, is the upcoming buzzword standard in the
business world. It is a participation association for organizations to maintain
ethical information simply and effectively for the improvement of ethical and
responsible business practices. Sedex allows registered organization to share
and manage information related to Labour Standards, Health & Safety, the
Environment, and business ethics to utilize the Sedex electronic framework,
take an interest in Sedex administration, take an interest in working gatherings,
arrange and draw in with other SEDEX individuals, use Sedex esteem included
administrations.
SEDEX enables businesses to
work together to better manage their social and environmental performance and
improve working conditions throughout the supply chain. Over 60,000 member
organizations from over 180 countries use the SEDEX platform to exchange data,
manage business risk, meet compliance and drive positive impact on people.
What are the benefits of SEDEX?
- Recognition
of Socially Compliant Organization.
- Compliance
with Legal, Contractual, & Regulatory Requirements.
- Improved
structure and focus with respect to business ethics.
- Drive
improvements in your supply chain
- Gain
competitive advantage
- Simple
to get to data or information at one secure spot.
- Creates
Ethical strategic policies.
- Keep
up and oversee business information or data appropriately.
- Improves
business proficiency of the association.
- Lessen
remaining task at hand and produce more noteworthy worker inclusion.
- SEDEX is an extensive stage that empowers the compelling administration of complex worldwide supply chains, prompting genuine business benefits for any association.
Who can go for SEDEX?
SEDEX is applicable to any organization –
irrespective of their size or geographical location. It provides guidance for
auditors, buyers and also suppliers on how to practice ethical auditing. In
general, it is an auditing methodology that is useful for everyone that
participates in a supply-chain environment.