Social Audit Services Market Definition
Social audit services refer to the evaluation and assessment of an organization's social and ethical performance. These services aim to measure the impact of an organization's activities on its stakeholders, including employees, customers, communities, and the environment. Social audit services help organizations identify areas for improvement, enhance their social responsibility practices, and build trust with stakeholders by demonstrating their commitment to ethical and sustainable practices.
The main audit types of social audit services are social and quality management, occupational health and fire safety, ethical trading, social impact assessment, corporate social responsibility, climatic change assessment, anti-corruption audits, and others. Social and quality management involves the evaluation of an organization’s adherence to social standards and the quality of its products or services, ensuring they meet customer and stakeholder expectations. These are used in various applications such as large enterprises, small and medium-sized enterprises and also by various end-users such as food and beverage, oil and gas, apparel and footwear industry, industrial machinery, banking, financial services, and insurance (BFSI), retail, telecom, power generation, mining, and others.
Social Audit Services Market Segmentation
The social audit services market covered in this report is segmented –
1) By Audit Type: Social And Quality Management, Occupational Health And Fire Safety, Ethical Trading, Social Impact Assessment, Corporate Social Responsibility, Climatic Change Assessment, Anti-Corruption Audits, Other Audit Types
2) By Application: Large Enterprises, Small And Medium Sized Enterprises
3) By End-Users: Food And Beverage, Oil And Gas, Apparels And Footwear Industry, Industrial Machinery, Banking, Financial Services And Insurance (BFSI), Retail, Telecom, Power Generation, Mining, Other End-Users