Ethical Trading and Responsible Sourcing Risk Assessment

The benefits of the Risk Assessment

• No non-conformities, only opportunities to improve

  Either way, you won’t be asked to close-out non-conformities. However, you will get a summary report that shows your percentage score against each Vital Sign (where you are performing well or where you may need to improve) and your Star Rating. Then it’s up to you to make improvements.

• It can help to reassure your customers

  There are several ways that the Risk Assessment can be used to reassure your customer – those worried brands and retailers – that you’re acting to identify, manage and reduce your ethical trade & responsible sourcing risks, even if you located in a ‘low risk’ economy where workers rights are protected.

• It can improve your own business

  You may find that the Risk Assessment is a useful tool because it’ll help you to look at your business and its operations in a different way, allowing you to identify improvements, as well as risks. It can also help you better engage with your staff. If your staff feel like you’re listening to them and working with them to make things better, then you are likely to have a happier and more productive workforce who feel like they are valued.