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 contractual agreements with business relationships. Furthermore, it could disclose its processes for identifying and addressing bribery and corruption and specify that a grievance mechanism allows stakeholders to raise related concerns.
Furthermore, the company also has an opportunity to disclose its approach to lobbying and political engagement in a public policy document, state that it does not make political contributions, and divulge its lobbying expenditures.
Provide and promote decent work
While the company states that it respects the health and safety of workers, it could formalise this commitment in a public policy document. Also, it has an opportunity to disclose a policy commitment to respecting the health and safety of workers for its supply chain and provide evidence of how it monitors its suppliers’ performance on health and safety standards.
Additionally, the company could disclose a time-bound target for paying all workers a living wage or state that it has achieved this goal. It could also describe how it determines a living wage for the regions where it operates and how it works to support its suppliers in paying this wage standard.
Furthermore, the company could 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 to respecting human rights and the fundamental rights at work declared by the ILO in its operations and supply chain.
Additionally, the company could describe a comprehensive process for assessing and identifying human rights risks and impacts across all its activities and supply chain, and its salient human rights issues. It could specify what it considers to be salient human rights issues, how relevant factors are considered such as geographical, economic and social factors, and how it acts to prevent, mitigate or remediate its salient human rights issues through a global system.