Act ethically
While the company operates a compliance committee for investigating various cases including corruption, there is an opportunity to unveil a dedicated process for identifying bribery and corruption risks and impacts. The company could also incorporate anti-bribery and anti-corruption clauses within contracts with business relationships. Additionally, while the company has a mechanism for stakeholders to raise bribery and corruption concerns, it could clarify that the mechanism is accessible to all stakeholders and if complainants have the option to either reveal their identity or remain anonymous.
Moreover, the company could adopt a policy outlining its approach to lobbying and political engagement. It could disclose a publicly available policy statement that specifies that it does not make political contributions, and divulge its expenditures related to lobbying activities.
Provide and promote decent work
The company has an opportunity to disclose a policy statement that mandates suppliers to prioritize the health and safety of their workers. It could also include the company’s monitoring process for supplier compliance.
Furthermore, although the company mentions a salary range system that ensures compliance with labor laws, it could commit to paying a living wage by setting a time-bound target. It could also describe how it determines a living wage for its operational regions and detail efforts to assist suppliers in meeting this standard.
Moreover, while the company emphasizes equal opportunities, it has a potential to explicitly commit to gender equality and women’s empowerment. Related time-bound targets could be disclosed alongside information such as the ratio of the basic salary and remuneration of women to men .
Respect human rights
While the company commits to respecting specific workers’ rights, it has an opportunity to include all the ILO fundamental rights at work using a stronger language within a formal policy document. This commitment could be extended to encompass suppliers as well.
Furthermore, although the company mentions a materiality survey to identify main risks to business, it could elaborate on the process it employs to particularly identify human rights risks and impacts across its operations and supply chain. Additionally, the company could describe 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.