Act ethically
The company has an opportunity to disclose a policy prohibiting bribery and corruption, and outline its procedure for detecting such misconduct. Additionally, it could incorporate anti-bribery and anti-corruption provisions within business contracts. Moreover, the company has an opportunity to create a policy detailing its lobbying and political engagement approach, and divulge how much it spends on lobbying activities.
Provide and promote decent work
The company reports its oversight of the health and safety performance of its business relationships, and has the chance to outline the methods used for this monitoring.
Additionally, while stating compliance with minimum wage laws and supplier wage expectations, it could enhance its commitment by establishing a timeframe for achieving a living wage, and detailing the method for determining a living wage in each region. It could also elaborate on its support for suppliers in paying a living wage.
Moreover, extending from its diversity commitment, the company could explicitly commit to gender equality and women’s empowerment, sharing related time-bound targets, and reporting data such as women’s representation in the highest governing body, and the ratio of basic salary and remuneration of women compared to men.
Respect human rights
The company’s existing policy statement demonstrates a commitment to human right, yet it could enhance the language to solidify this as a formal commitment. Additionally, while dedicated to due diligent processes, the company could elaborate on its methods for identifying human rights risks and impacts across all its activities and supply chain. Further, the company could outline its procedure for evaluating and identifying its key human rights issues. Moreover, there is a potential to unveil a global system aimed at preventing, mitigating and remediating its salient human rights issues.