SMETA means Sedex Members Ethical Trade Audit and this is one of the most widely used ethical audit formats in the world. Sedex, (Supplier Ethical Data Exchange) is a not-for-profit, membership organization that leads work with buyers and suppliers to deliver improvements in responsible and ethical business practices in global supply chains. SMETA (Sedex Members Ethical Trade Audit) is the audit methodology created by the Sedex membership to give a central agreed audit protocol which can be confidently shared. It combines the best practices in the field of corporate social responsibility. The concept describes a methodology based on the Ethical Trading Initiative (ETI) Base Code.
The latest version debuted in April 2017, with SMETA 6.0 becoming the standard implementation as of June 2017. The basic structure and fundamental principles remain unchanged, but now the audit incorporates issues such as temporary work and human rights.
This Audit methodology provides the best practice of Ethical Audit techniques. This was designed to help the auditors to conduct a high quality audit that confines all the aspects of business practice, including the 4 pillars of the sedex, which are.