Sedex Audit cost
Sedex is Social Ethical Data Exchange, which helps in managing data of ethical supply chain. Sedex was founded in 2001 by a group of retailers to ease the monitoring practices and meet the social audit standards.
Sedex Audit cost may vary with the number of employees working within the premises of the auditee, whether the employees are permanent, temporary, contractual or agency workers. It also depends upon the type of audit auditee required, 2-pillar or 4-pillar audit.
For 2-pillar audit will be conducted on the following standards:
- Health and Safety
- Some additional elements are also covered,
- Universal rights covering United Nations Guiding Principle
- Entitlement to work
- Management Systems
- Subcontracting and Home working
- Some extent to environment (Shortened)
SMETA 2-pillar audit helps in auditing against Human Rights framework and Ethical Trade Initiative Base Code, Local Law and the additional elements listed above.
The cost for the 2-pillar will be approximately USD 560 to 815 per Manday, excluding Taxes, travelling, boarding and lodging (Manday will be calculated with the help of table for auditor day, as mentioned in Best Practice Guidance Document)
For 4-pillar audit will be conducted on the following standards:
- Environment (extended) – this replaces the Environment (shortened) section detailed above
- Business Ethics
The cost for the 4-pillar will be approximately USD 640 to USD 990 per Manday, excluding GST, travelling, boarding and lodging (Manday will be calculated with the help of table for auditor day, as mentioned in Best Practice Guidance Document)
Sedex Certification Cost:
Though there is nothing like sedex certification – as sedex does not issues any certificate and a SMETA audit results only in a SMETA report which is uploaded on the sedex platform. The cost of this can be visualised in three parts as detailed below: