CORPORATE SOCIAL RESPONSIBILITY
We have set up our own management system and an adequate Code of Conduct. But as business grew we decided to expand our CSR even more and became a member of the Business Social Compliance Initiative (BSCI) in 2014. See also http://www.bsci-intl.org. The BSCI is a business driven initiative for companies committed to improve working conditions in the global supply chain. It unites more than 1000 companies worldwide around one common Code of Conduct and supports them with a step-by-step development oriented system.
The BSCI approach is first of all based on the principle of monitoring the supply chain by external auditors that are acknowledged by the Social Accountability Accreditation Services (SAAS). Secondly on empowering suppliers by providing extensive information to expand their knowledge and skills and finally on engaging active dialogues between stakeholders in the relevant sector to exchange experience and knowledge about the sustainable chain policy.
The BSCI Code of Conduct consists of 13 standards, including bans on discrimination, excessive overtime and child labor. Independent third party auditors carry out regular audits to enable us to monitor our suppliers globally. We regularly visit these factories ourselves to discuss the cooperation and emphasize the importance of good working conditions of their employees such as health, safety and living wages. We believe it’s very important to invest in building a good and long-lasting relationship with our suppliers and BSCI’s monitoring system helps us to determine if our suppliers succeed in implementing the BSCI Code of Conduct and meet our requirements.