Act ethically
The company has an opportunity to include anti-bribery and anti-corruption clauses in its contracts with business relationships. Furthermore, while the company has a mechanism for stakeholders to raise bribery and corruption concerns, it could further clarify if this mechanism is accessible to all stakeholders and if complainants have the option to identify themselves or remain anonymous.
Moreover, the company can demonstrate ethical conduct by publishing a policy statement that outlines its approach to lobbying and political engagement and transparently disclosing all lobbying expenditures.
Provide and promote decent work
The company has an opportunity to strengthen its commitment to workers’ health and safety by extending the expectation to its business relationships and providing evidence of monitoring their compliance. Additionally, it could set a time-bound target for ensuring all workers receive a living wage, describe the living wage determination methodology for regions where it operates, and disclose strategies to support suppliers in paying a living wage.
Furthermore, it has an opportunity to translate its commitment on gender equality and women’s empowerment into a public policy document and disclose a related time-bound target. It could discloses that it has at least 30% women on the Board of Directors and report the ratio of the basic salary and remuneration of women to men.
Respect human rights
The company has an opportunity to demonstrate its commitment to human rights by disclosing a policy document that respects fundamental human rights and the International Labour Organization (ILO) fundamental rights at work in its operations.
Additionally, the company could describe the process for identifying human rights risks and impacts in specific activities or locations, covering both its operation and value chain, as well as the process for assessing and identifying its salient human rights issues. Moreover, the company could establish a global system to address these salient human rights issues by implementing preventive, mitigative, or remedial measures.