Act ethically
The company has an opportunity to outline its method for identifying its bribery and corruption risks and impacts in specific locations or activities covering its own operations. While the company prohibits bribery and corruption among business partners, it could insert associated clauses into contract and detail repercussions for violations.
Moreover, the company has an opportunity to develop a policy clarifying its approach to lobbying and political engagement. It should explicitly state that it does not make political contributions, and divulge expenditures linked to lobbying activities.
Provide and promote decent work
While the company implements safety and occupational health measures, there is an opportunity to formalise this into a commitment in a public policy document. This commitment could be extended to its business relationships, while providing insights into compliance monitoring.
In addition, the company could unveil a time-bound target for ensuring a living wage for all workers, or reveal the goal’s attainment. The method of determining a living wage across operational regions could also be explained. Despite having wage expectations for suppliers, there is an opportunity to impose a living wage requirement, accompanied by details on support provided.
Moreover, the company has an opportunity to disclose a public commitment to gender equality and women’s empowerment. It could set related time-bound targets, and reveal information including the representation of women in the highest governing 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 it to respect human rights. Also, while the company commits to respecting specific workers’ rights, it could reference all the ILO fundamental rights at work.
Furthermore, the company has an opportunity to describe the process for identifying its human rights risks and impacts in specific locations or activities, covering its own operations and supply chain. It could further outline its process for assessing and identifying what it considers to be its salient human rights issues. Moreover, the company could disclose a global system to act on, prevent or mitigate its salient human rights issues.