Act ethically
The company could describe the process for identifying its bribery and corruption risks and impacts in specific locations or activities covering its own operations. While the company outlines its approach to lobbying and political engagement in its Business Conduct Policy, there is an opportunity for it to formalize this approach in a public policy document. The company states that it only makes political contributions after approval from its business attorney. However, it should also disclose whether these contributions are made only in exceptional cases, and specify the criteria for making them. Further, the company could disclose its expenditures on lobbying activities. Moreover, it would be beneficial for the company to disclose that it requires third-party lobbyists to comply with its lobbying and political engagement policy.
Provide and promote decent work
Although the company claims to pay its employees a legal wage, it could further demonstrate its commitment by establishing a specific target for paying a living wage within a defined timeframe. Additionally, the company should disclose its methodology for determining what constitutes a living wage in the regions where it operates. Although the company already sets expectations for the wages paid by its suppliers, it should also require them to pay a living wage and disclose how it assists them in meeting this requirement.
While the company expresses its dedication to diversity, it could explicitly state its commitment to gender equality and women’s empowerment. Furthermore, it should disclose time-bound targets for achieving gender equality and promoting women’s empowerment. To ensure transparency in its operations, the company should disclose the ratio of basic salary and overall remuneration between women and men in its workforce, categorized by significant locations of operation.
Respect human rights
The company has a publicly available policy statement committing it to respect specific workers’ rights but has an opportunity to reference all the ILO fundamental rights at work. Furthermore, the company has the chance to provide a detailed account of its process for identifying and addressing human rights risks and impacts in specific locations or activities, within its own operations and supply chain. Furthermore, the company has the possibility to describe its method for determining its most salient human rights issues, considering factors like geographical, economic, and social aspects. Lastly, it has the chance to disclose a global system to act on its salient human rights issues, aiming to prevent, lessen, or remedy them.