Social Compliance Audit in India

Product Description

SOCIAL COMPLIANCE AUDITS

Social compliance refers to how a business protects the health, rights and safety of their employees, supply and distribution chain. It also encompasses environmental issues and perspective on social responsibility. Your reputation is vital in a global marketplace as any evidence of mishandling, or ethical violation will adversely impact consumer trust and ultimately, profit margins.

By complying to social compliance standards, you can improve your brands reputation among consumers and competitors, boost productivity and reduce health hazards in the workplace. To get started, conduct a social compliance audit to find out where you stand against global compliance standards.

Types of Social Compliance Audits

There are two types of social compliance audits official audits by government and unofficial audits by an independent thirty party. Unofficial but consistent audits can ensure your company maintains compliant.

Why is Ethical Audit Important?

Evidence of abusive or illegal treatment within your company or supply chain can damage your company brand. Likewise, showing concern for sustainability down the supply chain can raise your corporate reputation and polish your brand. Ethical audits also help the companies and brands to manage social compliance risks that could impact the company financially.

How to conduct a social compliance audit? 

In order to ensure that your company meets standards of social compliance, it may be necessary to conduct a social compliance audit with the following steps 

1. Review your company code of conduct and its code of ethics. 

2. Define your company stakeholders by identifying every individual or group that is affected by the performance or success of your business. 

3. Identify the social needs that affect all of your company stakeholders, including clean streets, crime and vagrancy reduction. 

4. Devise a system for identifying social targets, gathering data on addressing an issue and implementing strategies to positively affect the situation and reporting the results of those efforts. 

5. Contract with an independent auditing firm that specializes in social responsibility programs, meet with representatives of the audit firm to discuss your efforts and your need for an independent review. 

6. Allow the auditor to complete the independent verification process and then compare his results with the internal observations of the functional group leading your social responsibility effort. 

Product details