Communication on Progress

Communication on Progress

Participant
Published
  • 02-Dec-2015
Time period
  • December 2014  –  December 2015
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer

  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • Dear Mr. Secretary-General,

    As a globally trading company which employs many different nationalities with their own cultures and customs, the UN Global Compact principals help us to provide a fair and equitable policy for all of our staff and key stakeholders.

    Sincerely yours,

    Joanne O'Donnell General Manager / COO

Human Rights
  • Assessment, policy and goals

  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • We have documented HR procedures which have been formulated to protect the interests of our personnel

  • Implementation

  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • We have implemented a code of conduct and disciplinary procedure in our Dubai offices and our affiliates. For other European affiliates their local laws include disciplinary procedures even beyond our code of conduct.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • We have found the implementation of the performance appraisal system has helped us to identify performance gaps. During 2015 a number of individual have undergone business communication skills training. We also conducted a work flow procedure review for each of our main areas of activity. We will use this output in 2016 to identify areas of improvement with a view to increasing efficiency.

Labour
  • Assessment, policy and goals

  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • Each employee has a contract outlining his / her duties. The remuneration package, plus any bonus and additional benefits. Furthermore in the HQ in Dubai we are obliged to register our employee contracts with the authorities. We must also provide proof that we are paying our employees each month and on time.

  • Implementation

  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • In order to ensure fair dealings with our staff our code of conduct also allows for appeal against any decision taken regarding a record of any disciplinary notice.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • We have a documented performance review system. The process allows the manager to give feedback to the member of staff and the member of staff can comment about their own performance, the management performance and the business performance. Further personal development requirements are also identified.

Environment
  • Assessment, policy and goals

  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • We are working with our stock yard provider in Oman to implement IS0 14001.

  • Implementation

  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • We encourage our Customers to re sell us any steel products which are surplus to their requirements. We repair refurbish and recirculate the material to other Customers

  • Measurement of outcomes

  • Description of how the company monitors and evaluates environmental performance.

  • We participate in the annual save electricity day in the UAE.

Anti-Corruption
  • Assessment, policy and goals

  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • We closely observe our clients policies of anti corruption and bribery. This is part of their assessment when they are considering the award of any new contract. We have never failed to be awarded a contract on these grounds.

  • Implementation

  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • We have a policy of not participating in business with companies which have been black listed or fined on corruption charges.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates anti-corruption performance.

  • Many of our sales staff travel to parts of the world which have a known reputation for corruption. Our staff are obliged to desist and report any approaches which may be considered potentially corrupt.