Communication on Progress

Communication on Progress

Participant
Published
  • 20-Apr-2021
Time period
  • July 2019  –  April 2021
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.

  • To our stakeholders:

    I am pleased to confirm that Laborie Medical Technologies reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labor, Environment and Anti-Corruption.

    In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture, and daily operations. We also commit to sharing this information with our stakeholders using our primary channels of communication.
    Sincerely yours,

    Michael G. Frazzette
    Chief Executive Officer

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.

  • • LABORIE ensures safe and suitable work facilities for all employees and that employers are protected from violence, harassment, and discrimination in the workplace. We are also committed to diversity and inclusion in our workforce.

    • LABORIE will not tolerate any form of human rights abuses in any aspects of its business and expects its business partners to share that commitment.

  • Implementation

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

  • • LABORIE implemented an updated Code of Conduct & Ethics setting out its corporate policies, including those related to human rights, labor, environment, and anti-corruption.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • • 100% of employees have been trained on and acknowledged compliance with the Code of Conduct & Ethics.

    • LABORIE monitors gender diversity among its employees.

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.

  • • LABORIE promotes freedom of association and collective bargaining for all employees and expects its suppliers and distributors to do the same.

    • LABORIE is committed to no tolerance for any forms of forced or child labor and seeks commitment from its suppliers and distributors to share that commitment.

  • Implementation

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

  • • LABORIE maintains a “whistleblower” reporting system accessible to all and will not tolerate any retaliation against anyone for good faith reporting actual or suspected misconduct.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • • LABORIE implemented a comprehensive Labour Standards Assurance System program, including a Supplier Code of Conduct. In addition, compliance screening is conducted on suppliers and distributors prior to engagement and on an on-going basis.

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.

  • • LABORIE commits to limit its environmental and climate impact and its consumption of non-renewable and environmentally scarce resources in its business operations and procurement processes.

  • Implementation

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

  • • LABORIE implemented an updated Code of Conduct & Ethics setting out its corporate policies, including those related to human rights, labor, environment, and anti-corruption.

  • Measurement of outcomes

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

  • • LABORIE achieved a reduction in CO2e emissions (Scope 1 and 2) 2019-2020 and strives for further reduction in 2021.

    • LABORIE monitors environment/climate key performance indicators against established targets.

    • 100% of employees have been trained on and acknowledged compliance with the Code of Conduct & Ethics.

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.

  • • LABORIE commits to ensuring that no form of corruption, bribery or money laundering occurs in its business operations through training, internal procedures and contractual requirements with its suppliers and distributors.

  • Implementation

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

  • • LABORIE implemented an updated Code of Conduct & Ethics setting out its corporate policies, including those related to human rights, labor, environment, and anti-corruption.

    LABORIE implemented a comprehensive Supplier Code of Conduct covering all suppliers and distributors. In addition, compliance screening is conducted on suppliers and distributors prior to engagement and on an on-going basis.

    • 100% of employees have been trained on and acknowledged compliance with the Code of Conduct & Ethics. Additional training on anti-corruption and fair trade has been completed by over 97% of employees and distributors.

    • LABORIE maintains a “whistleblower” reporting system accessible to all and will not tolerate any retaliation against anyone for good faith reporting actual or suspected misconduct.

  • Measurement of outcomes

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

  • • All whistleblower reports are logged, investigated, and addressed, with quarterly reports provided to senior management and the board of directors.

    • LABORIE requires and monitors employee training on anti-corruption topics.