What Is BSCI ?
The Business Social Compliance Initiative (BSCI) is a leading supply chain management system that supports companies to drive social compliance and improvements within the factories and farms in their global supply chains. BSCI implements the principle international labour standards protecting workers’ rights such as International Labor Organization (ILO) conventions and declarations, the United Nations (UN) Guiding Principles on Business and Human Rights and guidelines for multinational enterprises of the Organization for Economic Co-operation and Development (OECD).
BSCI is an initiative of the Foreign Trade Association (FTA). All BSCI participants are also FTA members and share the FTA vision of “Free Trade. Sustainable Trade”. To fulfil this vision, BSCI has been given specific governance bodies through which BSCI companies are invited to actively take part, to develop and implement an excellent system for improved working conditions in the global supply chain.
Benefits
Benefits for Retailers, Importers and Brands
One holistic and simple approach
Improved internal management systems
Efficient risk management
No duplication of efforts and costs
More leverage throughout the supply chain
One aligned message to all producers
Reduced audit fatigue
Increased time and resources for improvements and remediation
Influence on key players of the supply chain
Opportunity to network and exchange best practices
Benefits for Producers
Fewer social audits
Access to a broad network of international buying companies
Improve internal management processes
Focus on improvements and remediation
Influence on key players at national level
Benefits for Stakeholders
Advise and influence a leading initiative impacting the social compliance of 1,700+ companies
Participate and guide improvement and remediation activities
Benefits for Workers
Increased awareness of labour rights
Better access to grievance mechanisms
Improvement of working conditions