What role do audits of sustainability risks play in your company?

Sustainability is a term commonly used in the business world to describe how an organisation or its products affect the natural world. Although "going green" is an important part of sustainability, the supply chain perspective places even greater emphasis on sustainability. Sustainable supply chains not only benefit the environment, but also society as a whole, as they promote transparency and accountability in business practises, which leads to increased productivity and a healthier bottom line. There are a number of pluses to constructing a supply chain with a sustainability framework for suppliers in mind.

Better productivity, lower risk of financial loss (due to penalties for non-compliance), and less reputational damage are all benefits of establishing a network of sustainable suppliers. Companies that adopt sustainable practises see a rise in productivity and a decrease in operating costs. Decisions in the supply chain have begun to factor in the growing interest in sustainability among investors and board members. "75% of participating organisations reported having a formalised sustainable procurement programme in place," according to the results of the 2019 Gartner Procurement's Value Contribution in Supply Chain Survey.

However, the large, complex, and often fragmented nature of today's supply chains makes it more difficult than it sounds to establish a supplier sustainability programme.

The Difficulties in Ensuring Supplier Longevity

Although ensuring sustainable suppliers is crucial, it can be difficult to overcome the obstacles standing in the way of a solid framework to do so. Since sustainability is a relatively new focus, established businesses often struggle to address their largely unsustainable operations. Gaping holes in the supplier sustainability programme are common, and not just because of a general lack of awareness. Factor in the size and complexity of today's supply chains, which also reduce visibility, and we have a major business problem on our hands.

"Companies can reduce risk by evaluating and keeping tabs on their suppliers' environmental, social, and governance (ESG) performance with the aid of sustainability applications." A supplier sustainability application, when used properly, can be an extremely useful tool for optimising supply chains over the long term. These programmes can decentralise compliance responsibilities while consolidating supplier data from multiple points in an interconnected ecosystem. In turn, this allows businesses to prequalify their suppliers by considering insurance, risk, compliance, and other facets of sustainability.

This means businesses can adopt more eco-friendly procedures and construct a trustworthy, accountable supply chain without incurring a huge financial penalty.

Examining the benefits that supplier sustainability applications can bring to supply chains will help you see why they are the wave of the future.

Accredium Supplier RIsks Audits

Instead of just looking at a supplier's credit score or financial report, the new Accedium Business Risk Audits continuously track a wide range of risk factors, including litigation, negative press, political sanctions, and more.

This is the fourth year in a row that supplier financial risk has been the single greatest risk factor, accounting for nearly 48% of all risk events.

An Accredim audit is more than just a credit score or a single indicator of financial health in a single country. It gathers data on a company's financial standing, payments, liens, bankruptcies, legal proceedings, criminal activity/investigations, and sanctions from over 200 data and 30,000 media sources around the world. Information is constantly tracked and refreshed.

The system provides the most thorough method of assessing the business and financial risks associated with a potential supplier during the procurement process and notifies businesses when a risk factor changes with an existing supplier. Business continuity and supply chain resilience can both be ensured by using the various audit platform to find new suppliers with lower risks.

"When it comes to operational, reputational, and regulatory compliance risks, the Accredium is your one-stop shop.. For businesses, their suppliers, contractors, and employees, the platform lowers dangers in the areas of liability, sustainability, workforce, cybersecurity, and finances."


By incorporating multi-risk analytics, supplier risk trends, and supplier performance benchmarking, Accredium One provides an unparalleled perspective on risks. The platform utilises almost twenty years' worth of data comprised of millions of data points to provide real-time views on risks and to send alerts on deviations from baseline measures. The analytics platform allows users to tailor their own interactive dashboards to collect data that can be used to boost trust in the supply chain.

 When making decisions about procurement and suppliers, customers can hone in on specific risk factors for additional ins


Supply chain employees can now take advantage of Workforce Management, the industry's most complete solution for onboarding, profiling, verifying, training, and managing site access.

Our audit and verification services have been shown to reduce suppliers' rate of safety incidents by 29%. Because of this, almost half of members find new employment within a year of joining. In addition, our vendors have exclusive entry to the Accredium Marketplace, where dozens of partners provide deep price cuts on products and services for businesses, including insurance and safety equipment. More than 500 enterprise-level customers and 125,000 suppliers in more than 120 countries are among Accredium's clientele.

SEDEX's Business Risk and Supply Chain Management Multi-Risk Platform.

Call Acredium to  check out the Supply Chain Survival Toolkit and learn more about SEDEX's Business Risk and Supply Chain Management Multi-Risk Platform.

Clients can use Accredium to better manage supply chain risk and improve the qualifications of their suppliers. Our clients have access to the largest supply chain multi-risk management network in the world, allowing them to monitor and control hazards such as those associated with suppliers, the environment, employees' skills and productivity, and the company's finances. We manage contractor prequalification and worker competency in the construction, energy, facilities, high technology, manufacturing, mining, and telecommunications sectors around the world.

Reduce your company's exposure to Environmental, Social, and Governance (ESG) risks and make progress toward your sustainability goals with greater speed and certainty. In terms of environmental, social, and governance (ESG) data, the new solution is comprehensive. Accredium is the only provider of an innovative ESG scoring system that takes into account both the specific objectives of each company and international benchmarks in 20 different business sectors.

Supply chain risk is at an all-time high while risk tolerance is at an all-time low," especially as many people prepare for an economic downturn. With the addition of Business Risk and other recent enhancements in environmental, social, and governance (ESG), workplace safety, and subcontractor management,  is now the only all-inclusive enterprise risk supply chain management solution available.

Factory Compliance Audit Services

The Workplace Safety Audit  or Factory Compliance Audit or Factory compliance audit are  the same thing

In addition to the importance of "A Factory Compliance Audit" for the customer and the supplier. In order to find underperforming existing suppliers and new prospective suppliers, it is essential to conduct a factory audit in India. If you wait to lock in any order until after a factory audit, disaster, financial loss, and company ruin might be avoided. Has your manufacturer recently received complaints about its wares? It's far past due that you admit there are problems with the way things are running and make the necessary adjustments. One of the best methods to find out whether your supplier's sourcing and operational policies are in line with your company's image is to conduct a factory audit.

The need for an audit of Indian factories for compliance reasons.

Since Indian manufacturers are more likely to have problems with facility safety, effective quality control procedures, and general social compliance, an audit is very important while producing there. The requirements of the Factories Act are designed to guarantee that this is the case.

The fundamental objective of the Factories Act is to promote the health and wellbeing of industrial employees by ensuring that suitable safety measures are in place. Therefore, audits of factories are conducted to regulate issues including health and safety, licence, hours worked, vacation time, and salaries.

What exactly does a factory's compliance audit consist of?

Accredium has been at the forefront of manufacturing compliance audits for many years. Our inspection service is tailored to the needs of a prospective buyer. Our expert auditors will examine any aspect of your company, from production capabilities and quality management systems to infrastructure and employee welfare, without your involvement. We go to your site to collect data vital to selecting reliable service providers. Supply chain efficiency may be improved and the risk of purchasing from India can be reduced via factory audits. We have the expertise to get this done for you.

How do you audit a factory?

What is social compliance in factory?

Why is factory auditing important?

C-TPAT Authorization

Why the Buyers and importers auditors check for factory compliance

The goal of the audits is to enhance brand protection, supply chain security, and subcontracting enforcement via the use of audits, corrective action plans/management, capacity building/monitoring, and training. In order to keep everyone's private data secure, we have established procedures, protocols, and processes. 

The audit checks that all stages of production, from raw materials to final goods, adhere to strict rules and methods to safeguard the member's intellectual property and reduce the likelihood of any infringement. This is done to promote safe and dependable supply chain operations in the producing areas and companies.

Examining the management structure, systems, machine models, processes, and quality control measures of a manufacturing facility. Constant monitoring of performance, details on any potential weak spots, the condition of the equipment, the availability of fuel, and any means of conveyance are all part of the package. Remarks on the efficacy of the sampling strategy. Specifics about the supply and sub-supply network. Evaluation of the assembly line, machinery, tools, storage, and packaging areas, as well as any other relevant sections of the plant. Having a detailed organisational flowchart and a production process flowchart is essential for every manufacturing facility.

This is where our "Factory Compliance Audit" experience comes in handy.

Incorporating a supplier sustainability programme presents three major obstacles

Incorporating a supplier sustainability programme presents three major obstacles:

Audit of the EBC

Organization for Sustainable Commerce

Approval of GDP

Analysis of Fire Precautions

Checkup for Electrical Risks

The Audit of Manufacturing Facilities for Compliance

Principles of Sound Storage

Standards of Proper Hygiene

Proper Methods of Waste Disposal

Subcontractor Management

AGCS 's Business Expense Management System integration. By integrating  customers can view their compliance status alongside other supplier data in the Risk Aware module, enabling businesses to make informed decisions about whether or not to accept purchase orders from non-compliant vendors.

With the help of Subcontractor Management, customers can see which subcontractors (both high- and low-spending ones) their connected suppliers will be bringing to their sites.


Dealing in business, particularly exporting and importing goods, as well as making and selling purchases, calls for strict adherence to quality, environmental, and social standards. When it comes to purchasing goods from vendors, customers are quite concerned about the aforementioned difficulties.

In the past, Accreidum has worked extensively on the requirements of large multinational buyers, retailers, and auto giants such as Wal-Mart, IKEA, Li & Fung, and Nissan, amongst others, and has assisted their suppliers in meeting a variety of those requirements. It is possible for Accredium to assure compliance with the requirements of large international buyers encompassing the following:

Conformance to Quality Standards

Environmental Compliance

Compliance with Health and Safety Regulations

Responsibility to One's Community Compliance

Legal Compliance

Automotive Requirement Compliance

Using a variety of methods, we are able to guarantee that we meet the needs of the buyer:

Evaluation of the Facility Audit of the Facility Factory Visit Documentation Training and Certification

Our compliance team is also responsible for ensuring that our organisation is in accordance with many international standards, such as SA 8000, BSCI, ETI, ISO 9001, ISO 14001, ISO 45001 / OHSAS 18001, and so on.



Evaluation that is both objective and impartial

Savings in both money and time

Reports that are both dependable and exhaustive

Checklists supplied by the buyer or the client in addition to Accredium  own checklists for use in monitoring

Reduced amount of waiting time


Consultancy services are available from Accreium  in the areas of FACILITY AUDIT, VENDOR AUDIT, VENDOR DEVELOPMENT, BUYER COMPLIANCE, and CT-PAT COMPLAIN



Advisory Services for the Development and Approval of Vendors and Suppliers

Consulting services for obtaining certification in accordance with a variety of standards, including but not limited to SA 8000, ISO 9001, CT-PAT, OHSAS 18001, and ISO 14001, amongst others.

Instruction on a Number of Required Compliances

Training on Buyer Requirements in the Supply Chain Training on Various Standards Such as SA 8000, REACH, ISO 9001, ISO 14001, OHSAS 18001, CT-PAT, and Other Standards etc.

Audits to ensure compliance in the supply chain, social audits, and adherence to a code of conduct Audit CT-PAT Audit Compliance Audit CT-PAT Audit Compliance Audit Client / Service Locations: Jaipur | Delhi | Gurgaon | Noida | Ghaziabad | Faridabad | Neemrana | Manesar | Bawal | Dharuhera | Panipat | Sonipat | Ludhiana | Parwanoo | Indore | Dewas | Bhopal | Varanasi | Ahmadabad | Vadodara | Jodhpur | Kota | Udaipur | Alwar | Rudrapur | Mumbai | Bangalore | Chennai | Pune | U.P. | M.P | Rajasthan | Uttarakhand | Bengaluru | Gujarat | Maharashtra | Punjab | Haryana