Accredium Global Compliance Services LLP BSCI Business Social Compliance Initiative In Punjab , in Sangrur , in Jalandhar , in Ludhiana , in Bhatinda.

The Business Social Compliance Initiative (BSCI) was officially launched on 30 November 2004. It represents a co-ordinated effort by the European retail industry to implement a harmonized code of conduct and improve working conditions in supplier countries on a voluntary basis.

The driving force behind the BSCI is the Brussels -based Foreign Trade Association (FTA), which is the association for European commerce lobbying particularly on foreign trade issues.

The benefits of the BSCI as a broad and comprehensive monitoring system for social standards in the supply chain are numerous:
Synergy effects, reduction of multiple auditing thereby reducing costs are one characteristic.

Factories/companies which are being audited can improve their competitiveness through improved social standards as better working conditions and an improved management system leads to better product quality, higher productivity, fewer work accidents, less sick leave producing more highly motivated workers and lower staff turnover.

The result of this is an improvement ethically, but also economically for both involved employers as well as employees. The economic advantages in this respect - in parallel taking into account the objectives to reduce excessive overtime and raise salaries where necessary, have been shown in research studies in this field. Therefore, benefits of the individual company also have a positive effect on the broad public.



Accredium Global Compliance Services LLP
Plot- 9-10, 4th Floor, Main Najafgarh Road,
Andhra Bank, Rama Park,
Metro Pillar No-769, Near Dwraka More
Metro Station, New Delhi-110059
P: +91-9716231789, 7290048943
Email : info@accrediuminspection.com