The company has digital literacy programs in India, and has mobile app development training for youth in the U.K. Its charity arm, HCL Foundation’s Samuday program introduces technology solutions for schools in India.
HCL’s Corporate Vice President bears the responsibility for cybersecurity in the company. The company follows industry best practice by making its information security management certification publicly available.
HCL lacks initiatives that contribute to the universality and affordability of access to digital technologies. It also has an opportunity to support digital opportunities for women and girls. While the company discloses its community investment contributions, it could also report how the economic value it creates is distributed among its stakeholders, as well as, disclose taxes paid and employment in its main markets of operation.
The company has an opportunity to participate in international standard setting bodies in support of open innovation. It could also use the SDGs to measure its goals and progress towards sustainable development. While the company discloses the number of research labs it has around the world, it could improve its disclosure by revealing the location of these labs are located. The company could also disclose how many women are involved in research and development in the company and how it applies ethical considerations in research and development.
Core social indicators
The core social indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.
HCL has a Human Rights Policy, however it is not publicly available. Therefore HCL does not disclose in a public policy statement that it commits to respect human rights. Furthermore, the company does not commit to respect all the labour fundamentals outlined in the ILO core labour rights. While the company has a due diligence process for slavery and human trafficking in its supply chain, it does not disclose a process to identify, assess, and take action on salient human rights risks its own operations and supply chain. HCL does have a grievance mechanisms which allows workers, but not external stakeholders, to make human rights complaints.
HCL publicly commits to respecting the health and safety of workers, and places health and safety expectations on its business relationships and monitors their performance. However, the company provides no relevant information in reference to living wages, working hours and collective bargaining. For example, the company does not have a time-bound target for paying workers a living wage. In relation to workforce diversity, while the company provides a breakdown of employees in different employee categories by gender, ad publicly commits to gender equality and women’s empowerment, it does not disclose against any other indicators of diversity for its entire workforce.
HCL has a UK specific, but not a globally applicable tax strategy; furthermore, the company does not disclose income tax payments for all of its tax jurisdictions. The company prohibits bribery and corruption, and incudes anti-bribery and anti-corruption clauses in contracts with its business relationships. Additionally, the company has a grievance mechanisms for bribery and corruption, but it is unclear if all stakeholders are able to raise concerns and complaints. HCL states that it does not make political contributions, but does not disclose its overarching approach to lobbying and political engagement in a public policy statement.