What is BSCI ?
The Business Social Compliance Initiative (BSCI) was launched by the Foreign Trade Association FT A, acknowledging that international trade is an essential vehicle for human prosperity and social economic growth. This code of conduct (the BSCI Code of Conduct) is a set of principles and values that reflect the beliefs of BSCI Participants and the expectations they have towards their business partners. The BSCI Code of Conduct refers to international conventions such as the Universal Declaration of Human Rights, the Children’s Rights and Business Principles, UN Guiding Principles for Business and Human Rights, OECD Guidelines. UN Global Compact and International Labour Organization (ILO) Conventions and Recommendations relevant to improve working conditions in the supply chain . Business enterprises that endorse the BSCI Code of Conduct are committed to the principles set out in this document and to meeting, within their sphere of influence, their responsibility to respect human rights. BSCI and its participants (BSCI Participants) pursue a constructive and open dialogue among business partners and stakeholders in order to reinforce the principles of socially. Furthermore, they see the building up of mature industrial relations between workers and management as being key for sustainable businesses