Act ethically
The company can enhance its transparency by describing the process it uses to identify bribery and corruption risks and their impacts in specific locations or activities, particularly within its own operations.
To demonstrate its commitment to transparency, the company can publish a policy statement that states it does not make political contributions. Additionally, the company has the chance to establish a policy that outlines its approach to lobbying and political engagement. Furthermore, the company can disclose information about its expenditures on lobbying activities and make it known that third-party lobbyists are required to adhere to its lobbying and political engagement policy.
Provide and promote decent work
The company has an opportunity to enhance its health and safety commitment by disclosing the methods it employs to monitor business relationships’ health and safety performance.
Shifting to wages, the company’s minimum wage policy could be bolstered by setting a time-bound target for a living wage commitment to employees. Moreover, it holds an opportunity to detail its living wage determination process across operating regions. It could also reinforce expectations by adding a requirement for suppliers to pay a living wage. Simultaneously, transparency could be increased by disclosing mechanisms supporting this payment.
Turning to gender equality, the company’s existing statement can be elevated through translation into a public policy. This commitment could further be solidified by unveiling time-bound targets for gender equality and women’s empowerment. The company could declare a commitment to achieving at least 30% women on the board.
Respect human rights
The company has a publicly available policy statement committing it to respect human rights. However, the scope of the policy is only limited to its seafood supply chain, and it has an opportunity to expand its commitment across all operational aspects. Moreover, the company publicly commits to upholding specific workers’ rights in a policy statement, but there’s an opportunity to expand it to encompass all ILO fundamental rights, including freedom of association and collective bargaining. Similarly, its supplier expectations could be fortified by referencing all ILO fundamental rights.
Shifting to risk assessment, the company outlines a process for identifying human rights risks in specific locations, mainly covering its own operations. However, it’s unclear if this extends to all suppliers. Furthermore, while it delineates its process for assessing human rights risks, there’s room to specify its salient human rights concerns. Globally, the company could introduce a system addressing, preventing, and mitigating significant human rights issues.