Communication on Progress 2012
- Participant
- Published
-
- 16-Mar-2012
- Time period
-
- January 2011 – March 2012
- Files
-
- Netafim_COP_MARCH_2012_FINAL.pdf (English)
- Format
-
- Stand alone document
- Differentiation Level
-
- This COP qualifies for the Global Compact Advanced 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
- Meets all criteria for the GC Advanced level
-
Issue Area Coverage
(self-assessed) -
- Strategy, Governance
and Engagement - Criterion 1: The COP describes key aspects of the company’s high-level sustainability strategy in line with Global Compact principles
-
Social and environmental impact of the organization’s activities
-
Impact of broader sustainability trends on the long-term prospects and financial performance of the organisation
-
Major sustainability risks and opportunities in the near to medium term (3-5 years)
-
Overall strategy to manage sustainability impacts, risks and opportunities in the near to medium term (3-5 years)
-
Key performance indicators to measure progress
-
Major successes and failures during the reporting period
- Criterion 2: The COP describes effective decision-making processes and systems of governance for corporate sustainability
-
Involvement and accountability of management (C-suite) in developing corporate sustainability strategy in line with Global Compact principles and overseeing its implementation
-
Corporate governance structure (Board of Directors or equivalent) and its role in oversight of long-term corporate sustainability strategy and implementation in line with Global Compact principles
-
Goals and incentive schemes for management (C-suite) to promote sustainability strategy in line with Global Compact principles
- Criterion 3: The COP describes engagement with all important stakeholders
-
Regular stakeholder consultations in the area of human rights, labour, environment and anti-corruption
-
List of stakeholder groups engaged by the organization
-
Process for stakeholder identification and engagement
-
Outcome of stakeholder involvement
-
Process of incorporating stakeholder input into corporate strategy and business decision making
- Human Rights
- Criterion 8: The COP describes key outcomes of human rights integration
-
Outcomes of due diligence process
-
External and formal reporting of operations or operating contexts that pose risks of severe human rights impacts
-
Disclosure of main incidents involving the company
-
Outcomes of processes of remediation of adverse human rights impacts
- Criterion 7: The COP describes effective monitoring and evaluation mechanisms of human rights integration
-
System to monitor the effectiveness of human rights policies and implementation, including in the supply chain
-
Monitoring drawing from internal and external feedback, including affected stakeholders
-
Leadership review of monitoring and improvement results
-
Process to deal with incidents
- Criterion 6: The COP describes effective management systems to integrate the human rights principles
-
On-going due diligence process that includes an assessment of actual and potential human rights impacts
-
Internal awareness-raising and training on human rights for management and employees
-
Operational-level grievance mechanisms for those potentially impacted by the company’s activities
-
Allocation of responsibilities and accountability for addressing human rights impacts
-
Internal decision-making, budget and oversight for effective responses to human rights impacts
-
Processes to provide for or cooperate in the remediation of adverse human rights impacts that the company has caused or contributed to
- Criterion 5: The COP describes robust commitments, strategies or policies in the area of human rights
-
Commitment to comply with all applicable laws and respect internationally recognized human rights, wherever the company operates (e.g. the Universal Declaration of Human Rights)
-
Statement of policy expressing commitment to respect and support human rights approved at the most senior level of the company
-
Statement of policy stipulating human rights expectations of personnel, business partners and other parties directly linked to operations, products or services
-
Statement of policy publicly available and communicated internally and externally to all personnel, business partners and other relevant parties
- Labour
- Criterion 9: The COP describes robust commitments, strategies or policies in the area of labour
-
Written company policy (e.g., in code of conduct) on labour
-
Reference to relevant international conventions and other international instruments (e.g. ILO Core Conventions)
-
Reflection on the relevance of the labour principles for the company
-
Inclusion of minimum labour standards in contracts with suppliers and other relevant business partners
-
Specific commitments and goals for specified years
- Criterion 10: The COP describes effective management systems to integrate the labour principles
-
Allocation of responsibilities and accountability within the organisation
-
Risk and impact assessments in the area of labour
-
Internal awareness-raising and training on the labour principles for management and employees
-
Grievance mechanisms, communication channels and other procedures (e.g. whistleblower mechanisms) for reporting concerns or seeking advice
- Criterion 11: The COP describes effective monitoring and evaluation mechanisms of labour principles integration
-
System to track and measure performance based on standardized performance metrics
-
Audits or other steps to monitor and improve the labour performance of companies in the supply chain
-
Leadership review of monitoring and improvement results
-
Process to deal with incidents
- Criterion 12: The COP describes key outcomes of integration of the labour principles
-
Outcome of due diligence and follow-up efforts to uphold the freedom of association right to collective bargaining
-
Outcome of due diligence and follow-up efforts to eliminate forced labour
-
Outcome of due diligence and follow-up efforts to abolish child labor
-
Outcome of due diligence and follow-up efforts to eliminate discrimination
-
Disclosure of main incidents involving the company
- Environment
- Criterion 13: The COP describes robust commitments, strategies or policies in the area of environmental stewardship
-
Reflection on the relevance of environmental stewardship for the company
-
Written company policy on environmental stewardship
-
Inclusion of minimum environmental standards in contracts with suppliers and other relevant business partners
-
Reference to relevant international conventions and other international instruments (e.g. Rio Declaration on Environment and Development)
-
Specific commitments and goals for specified years
- Criterion 14: The COP describes effective management systems to integrate the environmental principles
-
Environmental risk and impact assessments
-
Assessments of lifecycle impact of products, ensuring environmentally sound end-of-life management policies
-
Allocation of responsibilities and accountability within the organisation
-
Internal awareness-raising and training on environmental stewardship for management and employees
-
Grievance mechanisms, communication channels and other procedures (e.g. whistleblower mechanisms) for reporting concerns or seeking advice regarding environmental impacts
- Criterion 15: The COP describes effective monitoring and evaluation mechanisms for environmental stewardship
-
System to track and measure performance based on standardized performance metrics
-
Leadership review of monitoring and improvement results
-
Process to deal with incidents
-
Audits or other steps to monitor and improve the environmental performance of companies in the supply chain
- Criterion 16: The COP describes key outcomes of integration of the environmental principles
-
Indicators on uses of materials and energy
-
Indicators on emissions, effluents, and waste
-
Indicators on the company’s initiatives to promote greater environmental responsibility
-
Indicators on the development and diffusion of environmentally friendly technologies
-
Disclosure of main incidents involving the company
- Anti-Corruption
- Criterion 20: The COP describes key outcomes of integration of the anti-corruption principle
-
Outcomes of assessments of potential areas of corruption, where appropriate (Ref. D3)
-
Outcomes of mechanisms for reporting concerns or seeking advice (Ref. D9)
-
Indicators of Human Resources procedures supporting the anti-corruption commitment or policy
-
Disclosure of main incidents involving the company
- Criterion 19: The COP describes effective monitoring and evaluation mechanisms for the integration of anti-corruption
-
Leadership review of monitoring and improvement results (D12)
-
Process to deal with incidents (D13)
-
Public legal cases regarding corruption (D14)
-
Use of independent external assurance of anti-corruption programmes (D15)
- Criterion 17: The COP describes robust commitments, strategies or policies in the area of anti-corruption
-
Publicly stated formal policy of zero-tolerance of corruption (D1)
-
Commitment to be in compliance with all relevant anti-corruption laws, including the implementation of procedures to know the law and monitor changes (B2)
-
Statement of support for international and regional legal frameworks, such as the UN Convention against Corruption (D2)
-
Policy on anti-corruption regarding business partners (D5)
-
Carrying out risk assessment of potential areas of corruption (D3)
-
Detailed policies for high-risk areas of corruption (D4)
- Criterion 18: The COP describes effective management systems to integrate the anti-corruption principle
-
Support by the organization’s leadership for anti-corruption (B4)
-
Human Resources procedures supporting the anti-corruption commitment or policy, including communication to and training for all employees (B5 + D8)
-
Internal checks and balances to ensure consistency with the anti-corruption commitment (B6)
-
Actions taken to encourage business partners to implement anti-corruption commitments (D6)
-
Management responsibility and accountability for implementation of the anti-corruption commitment or policy (D7)
-
Communications (whistleblowing) channels and follow-up mechanisms for reporting concerns or seeking advice (D9)
-
Internal accounting and auditing procedures related to anticorruption (D10)
- Value Chain
Implementation - Criterion 21: The COP describes implementation of the Global Compact principles in the value chain
-
Policy on value chain, including a policy for suppliers and subcontractors
-
Communication of policies and expectations to suppliers and other business partners
-
Analysis of sustainability risk, opportunity and impact in the value chain, both upstream and downstream
-
Monitoring and assurance mechanisms (e.g. audits/screenings) for compliance in the value chain
-
Awareness-raising, training and other types of capacity building with suppliers and other business partners
- Verification and
Transparency - Criterion 22: The COP provides information on the company's profile and context of operation
-
Legal structure, including any group structure and ownership
-
Countries where the organisation operates, with either major operations or operations that are specifically relevant to sustainability
-
Markets served (including geographic breakdown, sectors served, and types of customers/beneficiaries)
-
Primary brands, products, and/or services
-
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
-
Accuracy of information in COP is verified against assurance standard (e.g. AA1000, ISAE 3000)
-
Accuracy of information in COP is verified by independent auditors (e.g. accounting firm)
-
Content of COP is independently verified against content standards (e.g. GRI Check)
-
COP is reviewed by a multi-stakeholder panel or by peers (e.g. Global Compact Local Network)
- Criterion 23: The COP incorporates high standards of transparency and disclosure
-
COP uses the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines
-
COP qualifies for Level B or higher of the GRI application levels
-
COP includes comparison of key performance indicators for the previous 2-3 years
-
Board, where permissible, approves COP and other formal reporting on corporate sustainability
-
Relevant sustainability information from COP is included in annual financial report and filings
- Taking Action in
support of Broader
UN Goals and Issues - Engaging with the
UN Global Compact