Act ethically
The company has room to improve its description of the process used to identify bribery and corruption risks and their impacts in specific locations or activities. It also has an opportunity to include anti-bribery and anti-corruption clauses in its contracts with business relationships. Although the company provides a mechanism for stakeholders to raise concerns about bribery and corruption, it’s unclear whether this can be done without fear of reprisals.
Furthermore, the company can publicly disclose a policy statement that emphasizes its commitment to refraining from making political contributions. It could also create a policy outlining its approach to lobbying and political engagement. To foster greater accountability, the company might consider disclosing expenses related to lobbying activities. Lastly, enforcing its lobbying policy on third-party lobbyists would be valuable.
Provide and promote decent work
Although the company has a health and safety policy, there’s an opportunity to convey a more resolute commitment by employing stronger language. Additionally, the chance exists for the company to disclose a policy statement that encourages suppliers to respect the health and safety of their workers. It could also reveal its methods for monitoring the health and safety performance of its suppliers.
Moreover, there’s an opening for the company to share either a time-bound target for implementing living wages. The company could elaborate on the process it employs to determine living wage standards. Also noteworthy is the opportunity for the company to outline its strategies aimed at facilitating the adoption of living wage practices by its suppliers.
In terms of gender equality and empowerment, the company holds the potential to publicly underscore its dedication. This could be achieved through the disclosure of time-bound objectives for advancing gender equality and empowering women. The company has room to ensure that at least 30% of its highest governing body comprises women.
Respect human rights
The company has multiple opportunities to enhance transparency in its approach to human rights. Firstly, the company can disclose a policy statement that commits to respecting the human rights defined as fundamental by the ILO. This commitment can also extend to the company’s suppliers, by requesting their adherence to these fundamental rights.
Furthermore, the company can provide a clear description of its process for identifying human rights risks and impacts and disclose the results, covering not only its own operations but its supply chain. Additionally, the company has the potential to outline its process for assessing and identifying what it considers to be its most important human rights issues.
Moreover, the company has a chance to further its transparency by instituting a global system to address, prevent, or mitigate its most important human rights issues.