Act ethically
While the company prohibits bribery and corruption, it can formalize this commitment in a public policy document. Additionally, though the company conducts audits and investigations related to corruption, it can clarify its process for identifying bribery risks and impacts within its operations. Furthermore, while the company expects its suppliers to prohibit bribery and corruption, it could include related clauses in its contracts with business partners and specify the consequences of breaching these clauses. Moreover, the company has a mechanism for stakeholders to raise concerns about bribery and corruption that is accessible to all stakeholders, but it should clarify that complaints can be made without fear of reprisal.
In addition, the company has an opportunity to establish a policy outlining its approach to lobbying and political engagement. It could specify that it does not make political contributions and disclose its expenditures on lobbying activities.
Provide and promote decent work
The company claims to respect the health and safety of its workers, but it has the opportunity to formalize this commitment in a public policy document. Additionally, it could extend the same commitment to its suppliers and disclose how it monitors their health and safety performance.
Moreover, while the company states that it provides a remuneration package based on both the Group’s and individual’s performance, it could also commit to paying a living wage by setting a time-bound target. It should also disclose how it determines a living wage for the regions where it operates and how it supports the payment of a living wage by its suppliers.
Furthermore, despite having some initiatives related to gender equality and women’s empowerment, the company should explicitly commit to these goals in a public policy document. It should also disclose time-bound targets and report information, including the ratio of basic salary and remuneration between women and men.
Respect human rights
The company has an opportunity to disclose a policy statement committing to respect human rights. Additionally, while the company has a publicly available policy statement committing to specific workers’ rights, it has the opportunity to reference all ILO fundamental rights at work and include them in a formal policy document. It could also extend these commitments to its business relationships.
Furthermore, there is an opportunity for the company to outline its process for identifying human rights risks and impacts in its own operations and supply chain. It could also provide a comprehensive description of its process for assessing and identifying its salient human rights issues. Moreover, the company could disclose a global system for acting on, preventing, or mitigating its salient human rights issues.