Sedex Audit Management Service Process
Audit performance in Sedex is continuously reviewed by category managers to verify and track improvements in key areas such as water use and effluent reduction. If there is a gap between a supplier’s performance and our standards, corrective action is immediately requested, and progress is then monitored. If a supplier cannot meet Bacardi standards, business would be discontinued.
At the end of FY19, 96% of our global direct spend was linked to Bacardi through Sedex, with 73% of those linked audited. 100% of our global point of sale suppliers are linked to Bacardi through Sedex, with up-to-date audits. Through this approach, we work with suppliers to ensure they meet the highest of ethical standards for labor, human rights, and environment and economic issues.