SEDEX
SEDEX?
Supplier Ethical Data Exchange, or SEDEX, is an online platform and membership organisation that facilitates the sharing of ethical supply chain data; it is not a standard in and of itself. Businesses can evaluate and control supply chain risks pertaining to labour rights, health and safety, the environment, and corporate ethics by using SEDEX.
Benefits:
- Companies can communicate information about ethical and responsible sourcing with their trading partners on a platform made available by SEDEX. In the supply chain, this openness promotes responsibility and confidence.
- Companies may effectively share and obtain data about ethical and responsible sourcing with a variety of stakeholders, such as suppliers, customers, and auditing firms, thanks to SEDEX. This simplifies the procedure for gathering and validating data.
- Within their supply chains, SEDEX assists businesses in identifying and mitigating risks pertaining to corporate ethics, labor rights, health and safety, and environmental impact. Through the acquisition of data regarding the ethical performance of suppliers, corporations can effectively manage risks and guarantee adherence to industry and regulatory mandates.
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