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What is the full form of RBA?

Published in Business Ethics 1 min read

The full form of RBA is Responsible Business Alliance.

Understanding the Responsible Business Alliance (RBA)

The Responsible Business Alliance (RBA) is an organization focused on establishing and promoting social, environmental, and ethical industry standards within global supply chains. The organization's primary tool for achieving this is through the Responsible Business Alliance (RBA) Code of Conduct Assessments.

Key Aspects of the RBA

  • Code of Conduct: The RBA has established a comprehensive Code of Conduct that outlines standards related to labor, health and safety, environment, ethics, and management systems.

  • Assessments: The RBA uses assessments to evaluate a company's adherence to its Code of Conduct.

  • Industry Standards: The RBA sets social, environmental, and ethical benchmarks for industries to follow.

Importance of the RBA

The RBA plays a crucial role in:

  • Promoting ethical and responsible business practices.
  • Improving working conditions in global supply chains.
  • Protecting the environment.
  • Ensuring worker health and safety.