Moscow, 6 December 2018. BIAXPLEN has joined the Supplier Ethical Data Exchange (Sedex), an independent organisation, signalling its commitment to responsible labour, health and safety, environmental, and business ethics practices as a reliable supplier.
The membership status was preceded by four-pillar Sedex Members Ethical Trade Audits (SMETA) 6.0 performed at the company’s Balakhna and Novokuybyshevsk sites to verify their compliance with the Ethical Trading Initiative (ETI) Base Code across four key areas – Russian labour laws, health and safety promotion, environmental and sustainability regulations, and fair and ethical business practices as required by legislation.
As with any other Sedex member, BIAXPLEN’s admission will result in fewer audits by customers, as its ethical and social compliance is now assured by Sedex’s public database, allowing customers to build sustainable supply chains, reduce social responsibility and business resilience risks and, therefore, mitigate potential public image and reputational losses.