SOCIAL RESPONSIBILITY
We are aware of our responsibility for our own workers and the workers at our partner factories worldwide and we accept that responsibility. Responsible action is a complex function – and it is more important than ever before.
FARIADACOSTA is committed to taking responsibility for the social and environmental responsibility of its activity, thus the company’s Code of Ethics and Conduct is governed by the principles of the Business Social Compliance Initiative (BSCI) and is based on international agreements such as the General Declaration of Human Rights, the guidelines on the rights of the child and business principles, the guidelines of the United Nations and the agreements and recommendations of the International Labor Organization (ILO), which are decisive for the improvement of working conditions in the supply chain. supply.
We are SEDEX members!
FARIADACOSTA is member of SEDEX (Supplier Ethical Data Exchange), a global non-profit membership organization, with more than 50.000 members in over 150 countries. As the largest collaborative platform for sharing ethical supply chain data, SEDEX is an innovative and effective supply chain management solution, helping to reduce risk, protect the company’s reputation and improve supply chain practices.
To maintain our SEDEX membership, FARIADACOSTA conducts SMETA audits. SMETA (SEDEX Member Ethical Trade Audit) is the world’s most used ethical audit, including four auditing pillars:
– Labour standards
– Health and Safety
– Environmental assessments
– Business Ethics
We at FARIADACOSTA continuously strive to be compliant. As concluded in our latest SMETA audit, FARIADACOSTA maintains a responsible, ethical approach to all aspects of its business throughout the entire value chain.