Act ethically
The company has an opportunity to disclose its processes for identifying and addressing bribery and corruption. Additionally, while the company states that it makes political contributions after approval from the Government & Industry Affairs Department, it has an opportunity to disclose a publicly available policy statement that describes its approach to lobbying and political engagement and specifies that it does not make political contributions. Furthermore, it could also disclose its expenditures on lobbying activities and its requirement for third-party lobbyists to comply with its lobbying and political engagement policy.
Provide and promote decent work
While the company states that it pays a legal wage and expects the same in its supply chain, it has an opportunity to disclose a time-bound target for paying all workers a living wage or state that it has achieved paying all workers a living wage. 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 a living wage. Additionally, the company could commit to gender equality and women’s empowerment and disclose the ratio of the basic salary and remuneration of women to men.
Respect human rights
The company has a publicly available statement committing it to respect human rights but has an opportunity to place it in a formal policy document. Similarly, it has a publicly available policy statement committing it to respect specific workers’ rights in its operations and supply chain but could reference all the ILO fundamental rights at work.
Additionally, while the company conducts human rights risk assessment and supply chain due diligence in general, it 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 further specify what it considers to be salient human rights issues, how relevant factors are considered and how it acts to prevent, mitigate or remediate its salient human rights issues through a global system.