Act ethically
The company has an opportunity to describe the process for identifying its bribery and corruption risks and impacts in specific locations or activities covering its own operations. It could also include anti-bribery and anti-corruption clauses in its contracts with business relationships.
Furthermore, the company has a publicly available policy statement setting out its approach to employees’ personal political activity and discloses that only authorised partners may engage with political parties, party officials, candidates, or organisations. However, the company could disclose a policy setting out its lobbying and political engagement approach. Moreover, the company could disclose its expenditures on lobbying activities and add a requirement to its third-party lobbyists to comply with its lobbying and political engagement policy.
Provide and promote decent work
The company has an opportunity to disclose how it monitors the health and safety performance of its suppliers. Furthermore, the company states that it pledges to provide wages in accordance with all applicable wage laws and regulations. However, it has an opportunity to commit to paying a living wage by setting a time-bound target and to disclose how it determines a living wage for the regions where it operates. While the company has set expectations on the wage paid by its suppliers, it has an opportunity to require them to pay a living wage, and disclose how it supports the payment.
Additionally, while the company has a statement on gender equality and women’s empowerment, it has an opportunity to translate the latter into a public policy document. Moreover, while the company currently has 25% women on the board, it could increase this number to at least 30%. Lastly, the company has an opportunity to disclose the ratio of the basic salary and remuneration of women to men.
Respect human rights
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. Additionally, the company could describe its process for assessing and identifying what it considers to be its salient human rights issues, and disclose the results of its human rights risk assessment. It could also establish a global system to act on, prevent or mitigate its salient human rights issues.