Act ethically
The company has an opportunity to disclose a policy statement prohibiting bribery and corruption, and include anti-bribery and anti-corruption clauses in contracts with business relationships. It can also disclose the procedures it employs to identify and address bribery and corruption in its own operations, and establish a confidential and anonymous grievance mechanism allowing stakeholders to raise related concerns without fear of reprisal.
Additionally, the company could transparently disclose its approach to lobbying and political engagement in a public policy document, stating it does not make political contributions, and revealing its lobbying expenditures.
Provide and promote decent work
The company has an opportunity to disclose a policy commitment on respecting the health and safety of workers in its operations and supply chain, and demonstrate how it monitors supplier compliance. The company has the chance to disclose a deadline for achieving a living wage or confirm that it has achieved this goal. It could also detail how it determines a living wage for its operational regions and how it encourages its suppliers to pay a living wage.
Furthermore, the company could commit to gender equality and women’s empowerment and disclose related targets. It could also disclose the representation of women on the highest governance body and the ratio of the basic salary and remuneration of women to men.
Respect human rights
The company has an opportunity to disclose a policy statement committing it to respecting human rights, as well as the fundamental human rights at work as declared by the ILO within its operations and supply chain.
The company can also describe a comprehensive process for identifying human rights risks and impacts across all its activities and supply chain. Furthermore, the company has the possibility to describe its method for determining its most salient human rights issues, considering factors like geographical, economic, and social aspects. Moreover, it could unveil a global system designed to prevent, mitigate or address its salient human rights issues.