Act ethically
The company could provide insights into its process of identifying bribery and corruption risks and impacts in specific areas or activities, covering its own operations. Additionally, it could include anti-bribery and anti-corruption clauses in its contracts with business relationships. While the company offers a mechanism for stakeholders to raise concerns about bribery and corruption, it could further specify if complainant could do so without fear of retaliation.
Moreover, introducing a policy outlining the company’s approach to lobbying and political engagement would enhance transparency. The company could also consider releasing a public policy statement that explicitly confirms its non-participation in political contributions and disclose lobbying expenditures. Lastly, revealing that the company requires third-party lobbyists to adhere to its established lobbying and political engagement policy would reinforce accountability.
Provide and promote decent work
The company has an opportunity to disclose a policy statement that outlines its expectation for suppliers to uphold the health and safety of their workers. It could also describe how it monitors the health and safety performance of its suppliers.
Additionally, the company could disclose a time-bound goal related to achieving a living wage for all workers or confirming the accomplishment of this objective. It also has an opportunity to reveal its methodology for determining a living wage in the regions it operates and strategies to support its suppliers to pay a living wage.
While the company acknowledges gender equality and women’s empowerment, it could formalise these commitments in a public policy document and establish related time-bound targets. Although the company currently states that 26% of its board of directors are women, it could explore ways to increase this percentage further. Lastly, the company has the opportunity to disclose the gender-based ratio of basic salary and remuneration in its total direct operations workforce.
Respect human rights
The company could demonstrate its commitment to human rights by disclosing a policy statement. While the company has a policy statement outlining specific workers’ rights, there is an opportunity to reference all of the ILO fundamental rights at work. Additionally, the company could enhance its supplier relationships by revealing a policy statement that requires them to uphold the ILO-declared fundamental rights at work.
To provide clarity, the company could describe the process it follows to identify human rights risks and impacts within its operations, as well as across its supply chain. Furthermore, outlining the methodology for assessing and identifying significant human rights concerns could add transparency. The company could disclose the outcomes of its human rights risk assessment and establish a global system to address, prevent, or mitigate these identified significant human rights issues.