Act ethically
The company has an opportunity to disclose a policy on bribery and corruption, and include anti-bribery and anti-corruption clauses in its contracts with business relationships. It could also disclose its processes for identifying and addressing bribery and corruption, along with implementing a grievance mechanism for stakeholders to raise related complaints. Additionally, the company could disclose its approach to lobbying and political engagement, specifying that it does not make political contributions and divulging its lobbying expenditures.
Provide and promote decent work
The company has an opportunity to disclose a policy commitment to respecting the health and safety of workers across both its operations and supply chain. Moreover, it could strengthen this by presenting evidence of its monitoring of suppliers’ adherence to health and safety standards.
Furthermore, there’s room for the company to enhance its transparency by revealing a time-bound target for paying a living wage for all employees. The company could effectively work towards this objective by disclosing the process of determining the living wage in various operational regions. Additionally, it could illuminate its collaboration with suppliers to ensure the implementation of living wage practices.
While the company has a statement on gender equality and women’s empowerment, it has an opportunity to translate the latter in a public policy document. To reinforce this commitment, it could disclose related targets while showcasing the representation of women on its highest governance body.
Respect human rights
The company states that it respects the ILO’s fundamental rights at work. However, it has an opportunity to place it in a formal policy document. Furthermore, it could disclose a policy statement that mandates its suppliers to uphold the human rights declared fundamental by the ILO. In addition, it could provide a description of the process it follows to identify human rights risks and impacts, encompassing both its internal operations and its supply chain.
Moreover, the company could outline the process it employs to assess and pinpoint its key human rights concerns. To bolster its transparency, the company might consider revealing the outcomes of its human rights risk assessment.
Expanding on its global perspective, it could disclose a system that encompasses actions, prevention, and mitigation strategies for its significant human rights issues.