Business Social Compliance Initiative (BSCI)
The Stockmann Group has been a member of BSCI since 2005. BSCI is a business-driven initiative for companies committed to improving working conditions in factories and farms worldwide. To better respond to supply chain challenges, a revised version of the BSCI Code of Conduct was adopted at the beginning of 2014. The BSCI code sets out 11 core labour rights which the participating companies and their business partners undertake to incorporate in their supply chain in a step-by-step development approach.
The BSCI unites companies around one common Code of Conduct, and offers a platform for co-operation with other companies that purchase from the same suppliers and producers. This is valuable, as suppliers and producers typically supply many brands, none of which are dominant.
The new Code better addresses the need for close co-operation and communication between the buying companies and their suppliers, the responsibility of all tiers in the supply chain to cascade the Code of Conduct, the importance of training as a route to continuous improvement, and specific topics such as fair remuneration and special protection for young workers. The new Code is accompanied by a comprehensive and transparent manual of instruction for BSCI participants, producers and auditors that will become public in 2015. Audits complying with the new BSCI Code of Conduct can begin in May 2015.
Principles of the BSCI Code of Conduct (2014):
1. The rights of Freedom of Association and Collective Bargaining