(Monday, January 24, 2022) In the face of evolving human rights legislation and increasing calls for responsible business practices from consumers, stakeholders, and the investor community, all organizations stand to benefit from strategic due diligence focusing on environmental issues and governance. Coupled with a growing global demand for transparency in manufacturing and sourcing, these cultural shifts are fostering industry-wide change, setting new standards for responsible business practices and underscoring the value of social compliance. Now, two leaders in this space are joining forces to streamline due diligence efforts for brands and retailers evaluating supply chain risks.
Worldwide Responsible Accredited Production (WRAP), an independent, non-profit organization with a global team of social compliance experts dedicated to promoting safe, lawful, humane, and ethical manufacturing, and Trusted Experts on Due Diligence (TEDD), an initiative launched by VECTRA International, are pleased to announce the launch of a strategic partnership designed to bolster brands conducting due diligence related to human rights issues in their supply chains.
“Companies with global supply chains will tremendously benefit from the complementarity of services offered by TEDD and WRAP,” said Christian Ewert, TEDD Director at VECTRA International, “This partnership provides for a seamless comprehensive service portfolio covering all aspects of risk assessment, risk prioritizing, and risk monitoring.”
“Businesses around the world are increasingly coming to realize how critical it is for them to conduct due diligence effectively and efficiently and they are recognizing the value of expert resources in this regard,” said Avedis Seferian, President and CEO of WRAP, “This partnership between WRAP and TEDD will enable companies to draw upon the collective strength of two global players with a deep understanding of the challenges modern supply chains present.”
About TEDD
Trusted Experts on Due Diligence (TEDD) is an initiative launched by VECTRA International, an independent cooperative of experts in over 24 countries founded in 2005. It is a one-stop solution for organizations seeking to implement Due Diligence processes in alignment with their goals.
About WRAP
Worldwide Responsible Accredited Production (WRAP) is an independent, objective, non-profit team of global social compliance experts dedicated to promoting safe, lawful, humane, and ethical manufacturing through certification and education. It is the leading facility-based certification organization for sewn products, verifying and improving labor conditions in factories around the world for more than 20 years. Additional information about WRAP can be found at wrapcompliance.org.
###
For more information, please contact:
Haley H. Nystrom
Communications Manager
Worldwide Responsible Accredited Production (WRAP)
hnystrom@hnystromapcompliance.org | +1-703-243-6209
[or]
Shalini Saini
Global Marketing and Communication
VECTRA International
shalini@vectra-intl.com | +91-98100-59838
