Act ethically
The company has an opportunity to reveal a policy that prohibits bribery and corruption, while also incorporating anti-bribery and anti-corruption clauses into contracts involving business relationships. Additionally, it could outline its process for identifying risks and impacts associated with bribery and corruption, and disclose the presence of a grievance mechanism through which stakeholders can submit complaints related to these matters.
Furthermore, the company could choose to disclose a policy that outlines its approach towards lobbying and political engagement. It should explicitly state that it refrains from making any political contributions and provide insight into the amount it allocates to lobbying activities.
Provide and promote decent work
The company has an opportunity to disclose a policy commitment to respecting the health and safety of workers across both its operations and supply chain. Moreover, it could strengthen this by presenting evidence of its monitoring of suppliers’ adherence to health and safety standards.
Furthermore, the company could reveal a time-bound target for paying a living wage for all employees, and disclose the process of determining the living wage in various operational regions. Additionally, it could illuminate its collaboration with suppliers to ensure the implementation of living wage practices.
Moreover, the company could commit to gender equality and women’s empowerment. To reinforce this commitment, it could disclose related targets while showcasing the representation of women on its highest governance body.
Respect human rights
The company has an opportunity to disclose a policy statement that commits to respecting the ILO fundamental rights at work, and extend this expectation to its suppliers. In terms of risk identification, it 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, it could establish a global system to address its salient human rights issues.