Act ethically
The company has an opportunity to disclose a policy on prohibiting bribery and corruption and to include anti-bribery and anti-corruption clauses in its business relationships’ contracts. Additionally, it could establish a process to identify risks and impacts related to bribery and corruption, along with a grievance mechanism for stakeholder complaints.
Furthermore, the company could demonstrate ethical conduct by publishing a policy statement that outlines its approach to lobbying and political engagement and emphasises its non-participation in political contributions, or alternatively, states the criteria of exceptions. It could also transparently disclose all lobbying expenditures.
Provide and promote decent work
The company has an opportunity to disclose a policy commitment on respecting the health and safety of workers in its operations and supply chain, and provide evidence on how it monitors the performance of its suppliers on health and safety standards.
Moreover, the company could disclose a time-bound target for paying all workers a living wage or mention that it has achieved paying all workers a living wage. It could also describe how it determines a living wage for the regions in which it operates, and explain how it works to support their suppliers in paying a living wage to their workers.
Furthermore, the company has an opportunity to commit to gender equality and women’s empowerment and disclose related targets. It could also disclose the representation of women on the highest governance body and the ratio of the basic salary and remuneration of women to men.
Respect human rights
The company has an opportunity to disclose a policy statement committing it to respecting human rights and the ILO fundamental rights at work in its operations and supply chain. Additionally, the company has the opportunity to describe a comprehensive process for identifying human rights risks and impacts across all its activities and supply chain, as well as assessing and identifying what it considers to be its salient human rights issues. The latter could include a description of how relevant factors, such as geographical, economic and social, are taken into account. Furthermore, it could also reveal a global system to address its salient human rights issues by preventing, mitigating or remediating them.