Act ethically
The company has the opportunity to enhance its transparency regarding bribery and corruption risks and impacts within specific locations or activities, particularly within its own operations. While it maintains a mechanism for stakeholders to report concerns related to bribery and corruption, it could further clarify the accessibility of this mechanism to all stakeholders and the options for anonymity.
Furthermore, the company could establish a policy that outlines its approach to lobbying and political engagement and emphasises its non-participation in political contributions. The company could go a step further by disclosing its expenditures related to lobbying activities, and mandating third-party lobbyists to adhere to its lobbying and political engagement policy.
Provide and promote decent work
The company has an opportunity to disclose its monitoring mechanisms for assessing supplier health and safety performance. Additionally, while the company pays its employees a minimum wage, it could commit to paying a living wage and set a related time-bound target.
Furthermore, the company has the opportunity to elaborate on how it determines the living wage for the specific regions where it operates. It could also add a requirement to its suppliers to pay a living wage and describe its strategies to support them in meeting this requirement.
Moreover, the company has an opportunity to make a public commitment to gender equality and women’s empowerment. Additionally, it could disclose the ratio of basic salary and remuneration between women and men within its total direct operations workforce.
Respect human rights
The company could enhance its commitment to human rights by disclosing a policy statement explicitly committing to respect human rights. It could also provide insight into its process for identifying human rights risks and impacts, especially within specific locations or activities that encompass its own operations.
While the company mentions conducting due diligence, it could further clarify whether this process includes human rights due diligence for identifying risks and impacts within its supply chain. Additionally, the company could explain how it assesses and identifies its significant human rights issues and share the results of its human rights risk assessment. To demonstrate a comprehensive approach, the company could establish a global system aimed at addressing, preventing, or mitigating its significant human rights issues.