Act ethically
The company could describe the process for identifying its bribery and corruption risks and impacts in specific locations or activities covering its own operations. Additionally, the company has an opportunity to include anti-bribery and anti-corruption clauses in its contracts with business relationships.
Furthermore, while the company states that it does not support political candidates or parties, it has an opportunity to outline its lobbying approach in a policy statement and divulge its expenditures on lobbying activities.
Provide and promote decent work
The company has an opportunity to disclose a policy statement expecting its suppliers to commit to respecting the health and safety of their workers, and reveal how it monitors supplier health and safety performance. Additionally, the company has an opportunity to disclose a time-bound target for paying all workers a living wage or mention that it has achieved this goal. The company could also elaborate on the methods used to determine a living wage for its operational regions, and reveal how it supports the payment of a living wage by its suppliers.
Furthermore, the company has an opportunity to publicly commit to gender equality and women’s empowerment. While the company sets a target to achieve a reasonable gender balance in the Supervisory Board, it has an opportunity to make this target time-bound. Moreover, there is an opportunity for the company to report information, including the ratio of women’s basic salary and remuneration to men’s.
Respect human rights
The company states that it complies with the UN Guiding Principles on Business and Human Rights, as well as all internal standards, legislation, and regulations in the countries where it operates. However, it has an opportunity to include these statements in a formal policy document. Additionally, while the company has a publicly available policy statement committing to respect specific workers’ rights, it could reference all the ILO fundamental rights at work in its operations and supply chain.
Furthermore, while the company conducts a materiality assessment to identify the main risks to the business, it has an opportunity to elaborate on how it identifies human rights risks and impacts within its operations and supply chain. The company could also provide more detail on its process for assessing and identifying its salient human rights issues. Moreover, the company could disclose a global system to address, prevent, or mitigate its salient human rights issues.