Communication on Progress

Communication on Progress 2011-2012

Participant
Published
  • 21-Nov-2012
Time period
  • November 2010  –  November 2012
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.

  • In our day-to-daya activities we will spare no efforts in adhering to the principles and in furthering the initiative Global Compact.

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.

  • Our employment policy rejects any kind of discrimination and acts of violation of internationally proclaimed human rights regardless of gender, age, religion and race.

  • Implementation

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

  • The company and its subsidiaries provide equal rights of work on the basis of personal merits
    and resolutely stand against the use of forced labour and children exploitation

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • We have periodic review of results by senior management

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.

  • ITA HOLD AD takes very seriously its obligation to provide safe working conditions for its personnel and for the personnel of its subsidiaries.

  • Implementation

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

  • The company has a contract with a specialized consultant with the purpose to monitor and advise on the working conditions in the offices and to be responsible for the training of the staff in charge of initial and periodical personnel instruction.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • Periodic review of results by senior management

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.

  • ITA-HOLD AD considers that its most meaningful contribution can be in the field of the nature conservation.

  • Implementation

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

  • ln 2011 and 2012 we were able to finalize two photovoltaic projects giving our no matter how small share in the diminishing of the environment impact of human activity. The company continues to spare no effort and finances in pursuing a project for combust in optimization in diesel engines. To diminish the negative impact on the environment the company has a policy for energy saving and for use of recycled paper whenever possible. The staff avoids the unnecessary printing of materials, leaflets and less important documents trying to decrease our carbon footprint. Similar efforts are made in conserving clean and potable water.

  • Measurement of outcomes

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

  • Periodic review of results by senior management

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.

  • The fair business competition is vital for a healthy economic and financial climate and ITA HOLD AD continues to be open and straight forward its dealings. The company does not in any way stimulate, support or encourage forms or acts of corruption in its business or in its
    dealing with thegovernment or local administration.

  • Implementation

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

  • The company does not participate in any agreements or partnershipasi minga to achievingu nfair business advantages or privileges. The company management respects the national laws and the principles of the Global Compact concerning anticorruption.

  • Measurement of outcomes

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

  • Internal audits to ensure consistency with anti-corruption commitment, including periodic review by senior management