Launched in June 2021, the OriginBX community has a shared vision to reduce the inefficiency and cost incurred by manufacturers needing to comply with a growing list of complex tax, trade and ESG disclosure requirements. Such claims range from forced labor and conflict minerals, to country of origin and preferential trade programs. Among other costs of compliance benefits to producers and supply chain partners, the OriginBX standards aim to increase the utilization of free trade agreements to boost GDP of developing countries.
OriginBX is governed by an international alliance of organizations and supported by the OASIS Open nonprofit standards consortium. OASIS is the home of standards that include Baseline, SAML, STIX, UBL, and ebXML.