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
Although the company prioritizes the health and safety of its workers through its management system, it has the opportunity to solidify this commitment by creating a public policy document. Moreover, it could strengthen this commitment by presenting evidence of its monitoring of suppliers’ adherence to health and safety standards.
Furthermore, the company could enhance transparency by revealing a time-bound target for paying a living wage for all employees. It could also clarify how it determines what constitutes a living wage in the regions where it operates. Moreover, it could disclose its efforts in supporting its suppliers in paying a living wage.
Moreover, the company could commit to gender equality and women’s empowerment. It is essential for the company to disclose time-bound goals for achieving gender equality and promoting women’s empowerment.
Respect human rights
The company has an opportunity to disclose a policy statement that commits to respecting human rights and the ILO fundamental rights at work, and extend this expectation to its suppliers. In terms of risk identification, the company has the chance to describe the process for identifying its human rights risks and impacts covering both its own operations and its supply chain. Furthermore, it can outline a process for assessing and identifying its salient human rights issues. Finally, the company could establish a global system to address its salient human rights issues.