2011 Communication on Progress
- Participant
- Published
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- 13-Jun-2011
- Time period
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- June 2010 – June 2011
- Files
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- GLOBAL_COMPACT.pptx (Spanish)
- Format
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- Stand alone document
- Differentiation Level
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- This COP qualifies for the Global Compact Advanced level
- Self-assessment
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- 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
- Meets all criteria for the GC Advanced level
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Issue Area Coverage
(self-assessed) -
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- No reported coverage for Human Rights
- No reported coverage for Labour
- No reported coverage for Environment
- No reported coverage for Anti-Corruption
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- Strategy, Governance
and Engagement - Criterion 1: The COP describes C-suite and Board level discussions of strategic aspects of Global Compact implementation
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Impact of broader sustainability trends on the long-term prospects and financial performance of the organisation
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Major sustainability risks and opportunities in the near to medium term (3-5 years)
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Social and environmental impact of the organization’s activities
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Overall strategy to manage sustainability impacts, risks and opportunities in the near to medium term (3-5 years)
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Key performance indicators to measure progress
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Major successes and failures during the reporting period
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Other established or emerging best practices
- Criterion 2: The COP describes effective decision-making processes and systems of governance for corporate sustainability
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Involvement and accountability of management (C-suite) in corporate sustainability strategy and implementation in line with Global Compact principles
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Corporate governance structure (Board of Directors or equivalent) and its role in oversight of corporate sustainability implementation in line with Global Compact principles
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Evaluation and executive incentive structures promoting sustainability strategy in line with Global Compact principles
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Other established or emerging best practices
- Criterion 3: The COP describes engagement with all important stakeholders
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List of stakeholder groups engaged by the organisation
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Process for stakeholder identification and engagement
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Outcome of stakeholder involvement
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Process of incorporating stakeholder input into corporate strategy and business decision making
- UN Goals and Issues
- Criterion 4: The COP describes actions taken in support of broader UN goals and issues
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Adoption or modification of business strategy and operating procedures to maximize contribution to UN goals and issues
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Development of products, services and business models that contribute to UN goals and issues
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Social investments and philanthropic contributions that tie in with the organization’s core competencies, operating context and sustainability strategy
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Public advocacy on the importance of one or more UN goals and issues
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Partnership projects and collective actions in support of UN goals and issues
- Human Rights
- Criterion 7: The COP describes effective monitoring and evaluation mechanisms of human rights integration
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System to track and measure performance based on standardized performance metrics
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Leadership review of monitoring and improvement results
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Process to deal with incidents
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Disclosure of main incidents involving the company
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Other established or emerging best practices
- Criterion 8: The COP contains standardized performance indicators (including GRI) on human rights
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Outcomes of risk and impact assessments
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Outcomes of internal awareness-raising and training efforts
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Outcomes of mechanisms for reporting concerns or seeking advice
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Percentage of contracts with business partners guaranteeing minimum human rights standards
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Outcome of audits or other steps to monitor and improve the performance in the supply chain
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Other established or emerging best practices
- Criterion 6: The COP describes effective management systems to integrate the human rights principles
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Risk and impact assessments in the area of human rights
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Regular stakeholder consultations in the area of human rights
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Internal awareness-raising and training on human rights for management and employees
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Grievance mechanisms, communication channels and other procedures (e.g. whistleblower mechanisms) for reporting concerns or seeking advice
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Inclusion of minimum human rights standards in contracts with suppliers and other relevant business partners
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Audits or other steps to monitor and improve the human rights performance of companies in the supply chain
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Other established or emerging best practices
- Criterion 5: The COP describes robust commitments, strategies or policies in the area of human rights
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Reference to relevant international conventions and other international instruments (e.g. the Universal Declaration of Human Rights (UDHR))
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Reflection on the relevance of human rights for the company
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Written company policy (e.g., in code of conduct) on human rights
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Allocation of responsibilities and accountability within the organization
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Specific commitments and goals for specified years
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Other established or emerging best practices
- Labour
- Criterion 11: The COP describes effective monitoring and evaluation mechanisms of labour principles integration
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System to track and measure performance based on standardized performance metrics
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Leadership review of monitoring and improvement results
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Process to deal with incidents
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Disclosure of main incidents involving the company
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Other established or emerging best practices
- Criterion 12: The COP contains standardized performance indicators (including GRI) on labour principles integration
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Outcomes of risk and impact assessments
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Outcomes of internal awareness-raising and training efforts
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Outcomes of mechanisms for reporting concerns or seeking advice
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Percentage of contracts with business partners guaranteeing minimum labour standards
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Outcome of audits or other steps to monitor and improve performance in the supply chain
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Other established or emerging best practices
- Criterion 10: The COP describes effective management systems to integrate the labour principles
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Risk and impact assessments in the area of labour
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Regular stakeholder consultations in the area of labour
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Internal awareness-raising and training on the labour principles for management and employees
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Grievance mechanisms, communication channels and other procedures (e.g. whistleblower mechanisms) for reporting concerns or seeking advice
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Inclusion of minimum labour standards in contracts with suppliers and other relevant business partners
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Audits or other steps to monitor and improve the labour performance of companies in the supply chain
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Other established or emerging best practices
- Criterion 9: The COP describes robust commitments, strategies or policies in the area of labour
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Reference to relevant international conventions and other international instruments (e.g. ILO Core Conventions)
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Reflection on the relevance of the labour principles for the company
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Written company policy (e.g., in code of conduct) on labour
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Allocation of responsibilities and accountability within the organisation
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Specific commitments and goals for specified years
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Other established or emerging best practices
- Environment
- Criterion 15: The COP describes effective monitoring and evaluation mechanisms for environmental stewardship
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System to track and measure performance based on standardized performance metrics
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Leadership review of monitoring and improvement results
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Process to deal with incidents
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Disclosure of main incidents involving the company
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Other established or emerging best practices
- Criterion 16: The COP contains standardized performance indicators (including GRI) on environmental stewardship
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Outcomes of risk and impact assessments and measurements of environmental footprint
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Outcomes of internal awareness-raising and training efforts
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Outcomes of mechanisms reporting concerns or seeking advice
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Percentage of contracts with business partners guaranteeing minimum environmental standards
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Outcome of audits or other steps to monitor and improve performance in the supply chain
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Other established or emerging best practices
- Criterion 14: The COP describes effective management systems to integrate the environmental principles
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Environmental risk and impact assessments
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Regular stakeholder consultations on environmental impact
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Internal awareness-raising and training on environmental stewardship for management and employees
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Grievance mechanisms, communication channels and other procedures (e.g. whistleblower mechanisms) for reporting concerns or seeking advice regarding environmental impacts
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Inclusion of minimum environmental standards in contracts with suppliers and other relevant business partners
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Audits or other steps to monitor and improve the environmental performance of companies in the supply chain
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Other established or emerging best practices
- Criterion 13: The COP describes robust commitments, strategies or policies in the area of environmental stewardship
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Reference to relevant international conventions and other international instruments (e.g. Rio Declaration on Environment and Development)
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Reflection on the relevance of environmental stewardship for the company
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Written company policy on environmental stewardship
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Allocation of responsibilities and accountability within the organisation
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Specific commitments and goals for specified years
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Other established or emerging best practices
- Anti-Corruption
- Criterion 19: The COP describes effective monitoring and evaluation mechanisms for the integration of anti-corruption
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System to track and measure performance on corruption based on standardized performance metrics
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Leadership review of monitoring and improvement results
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Process to deal with incidents
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Disclosure of main incidents involving the company
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Other established or emerging best practices
- Criterion 20: The COP contains standardized performance indicators (including GRI) on anti-corruption
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Outcomes of risk and impact assessments
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Outcomes of internal awareness-raising efforts and training for management and employees
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Outcomes of mechanisms for reporting concerns or seeking advice
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Percentage of contracts with business partners guaranteeing minimum anti-corruption standards
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Outcome of audits or other steps to monitor and improve performance in the supply chain
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Other established or emerging best practices
- Criterion 18: The COP describes effective management systems to integrate the anti-corruption principle
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Risk and impact assessments in the area of anti-corruption
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Regular stakeholder consultations in the area of anti-corruption
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Internal awareness-raising and training on anti-corruption efforts for management and employees
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Grievance mechanisms, communication channels and other procedures (e.g. whistleblower mechanisms) for reporting concerns or seeking advice on corruption
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Inclusion of minimum anti-corruption standards in contracts with suppliers and other relevant business partners
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Audits or other steps to monitor corruption and improve the performance of companies in the supply chain
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Other established or emerging best practices
- Criterion 17: The COP describes robust commitments, strategies or policies in the area of anti-corruption
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Reference to relevant international conventions and other international instruments (e.g. UN Convention Against Corruption)
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Reflection on the relevance of anti-corruption for the company
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Written company policy on anti-corruption (e.g., in code of conduct)
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Allocation of responsibilities and accountability regarding corruption within the organisation
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Specific commitments and goals for specified years
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Other established or emerging best practices
- Value Chain
Implementation - Criterion 21: The COP describes implementation of the Global Compact principles in the value chain
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Description of raw materials and (semi-) finished products used, by country or region of origin
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Description of key suppliers, subcontractors and other business partners involved in the value chain
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Value chain risk assessment to identify potential issues with suppliers and other business partners
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Policy on value chain, including a policy for suppliers and subcontractors
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Communication of relevant policies/codes, positions or concerns to suppliers and other business partners
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Audits/screenings for compliance in value chain
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Allocation of responsibility in the value chain and procedures to remedy any non-compliance issues
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Other established or emerging best practices
- Verification and
Transparency - Criterion 22: The COP provides information on the company's profile and context of operation
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Legal structure, including any group structure and ownership
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Countries where the organisation operates, with either major operations or operations that are specifically relevant to sustainability
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Markets served (including geographic breakdown, sectors served, and types of customers/beneficiaries)
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Primary brands, products, and/or services
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Direct and indirect economic value generated for various stakeholders (employees, owners, government, lenders, etc.)
- Criterion 24: The COP is independently verified by a credible third-party
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Independently verified against assurance standard (e.g. AA1000 Assurance Standard, ISAE 3000)
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Verified by independent auditors
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Reviewed by a multi-stakeholder panel
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Reviewed by peers (e.g. Global Compact Local Network)
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Verified through other form of independent verification
- Criterion 23: The COP incorporates high standards of transparency and disclosure
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COP uses the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines
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COP qualifies for Level B or above of the GRI application levels
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COP includes comparison of key performance indicators with peer companies
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COP includes comparison of key performance indicators for the previous 2-3 years
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Other established or emerging best practices