Last Updated on Friday, 23 May 2014 08:39
GOTS and Textile Exchange have updated the joint policy for issuing transaction certificates (TCs). A specific challenge for the practicability of the TC system is that many suppliers generate huge numbers of shipments which may significantly increase the administrative burden and cost if a separate TC is issued for each single shipment. To adequately address this issue, the policy for issuing TCs has been amended by rules and conditions for issuing TCs that cover multiple shipments with the goal to increase practicability and efficiency of the certification process. Under certain conditions TCs may now cover up to 100 shipments to a single consignee in a period of three months. The TC policy and the corresponding template are available here.