EcoVadis’ rating mechanism and cost
Scoring Mechanism In the EcoVadis scoring system, the performance of ecovadis companies is evaluated on the basis of a combination of four themes: environment, labor and human rights, business ethics, and sustainable procurement. If the score for a theme is less than or equal to 20 points, or if the total score is less than […]
The EcoVadis Corporate Social Responsibility (CSR) Assessment Methodology is based on seven fundamental principles
The purpose of the EcoVadis CSR Assessment Methodology is to assess the quality of a company’s CSR management system – through its policy, implementation and feedback on performance.The EcoVadis CSR Assessment Methodology is based on seven fundamental principles. Evidence-based The burden of proof is on the assessed company. The CSR management system is documented (e.g. […]
What is the EcoVadis?
About EcoVadis EcoVadis audit certification originated from France, is a system platform specially applied to various international supply chain management organizations, combining all the organizational governance projects except quality, according to the different sizes of enterprises and industry affiliation, to submit information online for comprehensive evaluation, the evaluation system mainly focuses on the overall situation […]
New LVMH EU Policy for 2024
The EU is gradually adopting mandatory measures for companies in a number of key industries of concern (raw materials, APIs, semiconductors, batteries, renewable energy, cloud computing, cybersecurity, etc.) within legislative deadlines, e.g., from July 1, 2024, manufacturers and suppliers of industrial and electric vehicle batteries entering the European market will be required to provide a […]
How many brands are under LVMH?
France Moet Hennessy – Louis Vuitton, LVMH Group in 1987 by Bernard Arnault will be the world’s most famous leather goods company Louis Vuitton and wine family Moet Hennessy merged into a merger of the world-renowned leather goods company Louis Vuitton and the wine family Moet Hennessy , employs about 56,000 people, with more than […]
How to get LVMH Audit Report?
What is LVMH? LVMH Mo ë t Hennessy Louis Vuitton, also known as the LVMH Group, is the world’s largest multinational luxury conglomerate,was formed in 1987. Headquartered in Paris, France.It has approximately 56000 employees and over 50 brands, making it the world’s leading boutique conglomerate. LVMH Group’s five major areas cover over 50 brands, many […]
Conditions for Different Brands Accepting SEDEX Reports
SEDEX audit reports are not only recognized by SEDEX members but are also accepted by many global brands. Each brand has specific conditions regarding the acceptance of SEDEX reports. Below are the key conditions set by some major brands: 1. Tesco Tesco only accepts SEDEX audit reports from three approved audit firms: ELEVATE SCSA UL […]
SEDEX/SMETA Audit: Frequently Asked Questions
In today’s global supply chain, SEDEX and SMETA audits have become essential tools for ensuring corporate compliance with social responsibility standards. Whether addressing labor rights, health and safety, environmental protection, or business ethics, these audits help companies improve transparency and optimize supply chain management. Below are some frequently asked questions to help you better understand […]
What is the difference between SEDEX 2P and 4P audit?
The SEDEX audit (Sedex Members Ethical Trade Audit, or SMETA) is a widely used standard for ethical supply chain audits, ensuring that businesses adhere to international standards related to labor rights, health and safety, environmental protection, and business ethics. This audit is recognized by clients worldwide, including those in the U.S. and Europe, and can be […]
What is SMETA?
What is SMETA? SMETA, short for Sedex Members Ethical Trade Audit, is one of the most widely used ethical auditing frameworks in the world. It is also a globally recognized method for evaluating supply chain practices, focusing on areas such as labor rights, health and safety, environmental impact, and business ethics. This audit helps companies […]