Act ethically
The company has an opportunity to disclose a policy on bribery and corruption, and include anti-bribery and anti-corruption clauses in its contracts with business relationships. It could also disclose its processes for identifying and addressing bribery and corruption, along with implementing a grievance mechanism for stakeholders to raise related complaints. Additionally, the company could disclose its approach to lobbying and political engagement, specifying that it does not make political contributions and divulging its lobbying expenditures.
Provide and promote decent work
While the company claims to prioritize the health and safety of its workers, it has the opportunity to formalize this commitment in a public policy document. It could also extend this dedication to its business relationships and enhance transparency in monitoring supplier health and safety performance.
Furthermore, the company can disclose a time-bound target for ensuring a living wage for all workers. The company has the chance to reveal its methodology for defining a living wage in the regions of its operations. Additionally, it can disclose the mechanisms by which it encourages its suppliers to provide a living wage.
Moreover, the company has an opportunity to publicly declare its commitment to gender equality and women’s empowerment and set clear time-bound targets to achieve this. The company currently reports that all 15 members of its board are male, indicating a lack of gender diversity.
Respect human rights
While the company’s policy addresses employment discrimination, it falls short in fully respecting all four fundamental human rights at work declared by ILO, including freedom of association and collective bargaining, both within its own operations and across suppliers.
Furthermore, the company has an opportunity to outline a process for identifying human rights risks in various locations and activities, enhancing disclosure by sharing assessment results.
Additionally, it could detail how it identifies its most significant human rights concerns and establish a global system to address, prevent, or mitigate these issues.