AMSTERDAM – The Dutch-based non-profit Social & Labor Convergence Program (SLCP) claims to have saved factories US$23 million through the adoption of its tool designed to reduce audit duplication.
The claim is made in the SLCP's 2022 Impact Report which showcases the progress made to reduce audit duplication and on an enhanced methodology for calculating the savings unlocked through converged assessments.
It released the annual report in the week of the Global Fashion Summit in Copenhagen to draw attention to progress made and to urge more companies to ditch their proprietary audits for converged assessments.
