Act ethically
The company could detail its process for identifying bribery and corruption risks and impacts in specific locations or activities relating to its own operations. Furthermore, while the company possesses a mechanism for stakeholders to raise bribery and corruption concerns, it could clarify whether this mechanism is accessible to all stakeholders.
Additionally, although the company presents its political engagement approach in a public policy statement, it could further develop a policy specifically outlining its stance on lobbying. Moreover, while it asserts its non-involvement in political contributions in its Sustainability Record, there is an opportunity to formalise this commitment in a public policy document. The company could also enhance transparency by disclosing its expenditures related to lobbying activities.
Provide and promote decent work
Although the company states that it pays wages exceeding the minimum standard stipulated by local law, it has an opportunity to commit to paying a living wage by setting a time-bound target. Additionally. it could also reveal its methods for determining living wage standards in its operational regions. Relatedly, while the company has set expectations on the wage paid by its suppliers, it has an opportunity to add a requirement for them to pay a living wage, and detail its mechanism for supporting such payments.
Furthermore, the company has an opportunity to enhance transparency by disclose data such as the ratio of the basic salary and remuneration of women to men.
Respect human rights
While the company conducts audits and materiality assessments, there is an opportunity to elaborate on its process for identifying its human rights risks and impacts in specific locations or activities covering its own operations and supply chain. It could also outline the process for assessing and identifying its salient human rights issues. Additionally, although it discloses its processes to mitigate human rights issues, it could disclose a global system to act on all its salient human rights issues in all its activities, and disclose how the system applies to its supply chain.