Eternity Law International News SA8000 Standard

SA8000 Standard

Published:
August 12, 2020
Share it:

SA8000 standard is intended for development, realization and use at enterprises of any direction of activity and any form of social responsibility management systems. It is a method of influence of business on society through its transparent and ethical activities, work within the framework of national and international legislation, justifying consumers’ expectations and other related parties.

Reasons for the emergence of the SA 8000 standard

People today are more demanding than ever. At the beginning of the 60s of the last century, mass consumerism was inherent. In the late 70s, buyers began to demand that the goods they purchased correspond to the established quality. In the 80s, they wanted the goods to be environmentally friendly. In late 90s, it became mandatory social charge of fabricators. Clients are concerned with not only price, quality and convenience, but with workers’ rights and environment in which they work. However, this concerns not only people, but also investors and governments. They have many questions like “Whether the workers who collected these bananas were exposed to harmful pesticides?”, “Does the company that made this shoe adhere to a specific code of conduct?”, etc.

Research shows a large percentage of consumers and investors around the world, pay close attention to social aspects and the work environment evaluating company productivity. In order to meet the ever-increasing demands on the social and work spheres, enterprises need a systematic approach using which enterprise policies and work and social ethics do not contradict each other.

SA8000 standard contains the following requests:

  • employers must not hire children under 15;
  • necessary measures to ensure workers safety;
  • workers should have the freedom to negotiate with employers;
  • racial and any other discrimination is prohibited;
  • employers should not use disciplinary action;
  • workers must receive at least the minimum wage established by state, and many others.

Positive sides of implementing a social responsibility system

Realizing this approach, a firm gains a number of benefits. First, SA8000 standard is a significant betterment in moral and psychological climate in the team and an increase in personnel interest and involvement. An enterprise may demonstrate social charge of firm’s management, thereby enhancing the company’s image, and ensuring compliance with legislative requests in social sphere.

Through managing the risks arising in the social sphere, the organization significantly reduces the costs of paying fines. The obvious economic benefits will be attracting investment in socially oriented business and gaining a competitive advantage in government tenders and orders.

In addition to obtaining international certification, you can also view offers in categories  ready-made companies and licenses for sale.

Table of contents

You could be interested

Kazakhstan Authorised Crypto Companies

Kazakhstan has emerged as a prominent nexus for digital asset ventures, offering a meticulously curated and state-sanctioned regulatory framework. This Central Asian nation has intricately designed a legal ecosystem that reinforces authorised crypto companies in Kazakhstan, ensuring operational clarity, financial integrity, and unwavering credibility. The Astana International Financial Centre (AIFC), serving as a self-regulated citadel,...

Opening an account in Ukraine for non-resident companies

Opening an account for non-residents In accordance with order of National Bank, foreign companies have a possibility to open account in Ukrainian banks. Non-Ukrainian physical and legal representatives can now also use this service. This also includes foreign investment funds and firms that manage assets on behalf of these funds. As of 2019, the automatic...

Curacao Online Gaming Company with Orange Seal Pending

Regulatory pre-approval under GCB – ready for final seal. This package gives you a vetted corporate shell in under two weeks. You receive complete filings, clear records, and ready compliance checks. Readers can scan each section and focus on details that matter most. Why Orange Seal Pending Matters An Orange Seal Pending status shows Curacao’s...

White-Collar Crime Defense Switzerland

First of let’s be clear such felonies are not the simple one—white-collar crime doesn’t have the drama of a heist or a chase scene, but the fallout can be just as catastrophic. When financial or corporate misconduct is alleged, careers, reputations, and entire companies hang in the balance. When the conversation goes about Switzerland, known...

De-offshorisation

DEOFSHORIZATION: HOW NOT TO BANK AND PAY TAXES The development of tax legislation and cooperation between states on the exchange of information in this area significantly affects the work of offshore enterprises. Old structures, partnerships cease to bring positive results. The way out of the situation is deoffshorization. Increasingly, there is a need to provide...

Buy Swiss Digital Asset VASP with Crypto and Gold Trading Rights

This one remains one of the few countries that has managed to combine a modern vision of the crypto market with the stability of the traditional financial sector. Thanks to flexible regulation, high trust from institutional partners and a clear legal framework, this jurisdiction has become attractive for starting a business in the field of...

Related posts

Obtaining gaming license in Nevis 2025

In the last 12 months, Nevis has emerged as a powerful draw in gambling. In the Caribbean, the island’s warm climate means that you can both work and live happily there, but from now on you’ll be rich. It features a series of uncorrupted juridical structures, easily-passed licensing channels, and an incredibly competitive tax backdrop....

Opening a business in Turkey

Turkey occupies a liminal position between Europe and Asia, making it a pivotal trade and investment crossroads. A dynamic economy and a huge local market draw entrepreneurs from around the world to the country. Understanding the local legal and financial landscape is the first step for those looking for opening a business in turkey. This...

GmbH vs UG: Credibility Premium vs Capital Efficiency for Early-Stage Teams

This is where the rubber meets the road for founders in Germany who are ready to incorporate their first company. They must choose between two very popular modes. GmbH or UG are both limited liability companies under German law that offer both forms of personal protection for shareholders and work within somewhat similar statutory frameworks....

Liquidation of companies in Cyprus

Key components in sustaining the attractiveness of the island in question as a nation for businesses include the tax system, EU membership, and corporate legislation. Termination is the last resort for a firm sometimes. It is crucial that in such a process, members of the board, investors, and advisers have exposure. The paper gives simple...

From Share Purchase Agreements to Smart Contracts: Redefining Legal Frameworks

The world of corporate deals has always had its drama. Negotiations, long documents, endless edits, lawyers from both sides who spend weeks agreeing on every comma in the Share Purchase Agreement. But imagine a completely different picture: instead of a ton of tribulations on the way to perfection, there are a few lines of code...

Argentina Corporate Tax Explained

To investors and entrepreneurs eyeing Argentina, navigating the country’s corporate taxation sphere isn’t just a bureaucratic hassle; it’s a key step to building a viable and compliant business there. The fiscal regulations are not perfectly committed, but this region is rich in detailed tax laws that are quite well crafted towards control and digital verification....

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Fill the blank: