Communication on Progress

2010 Communication on Progress

Participant
Format
  • Stand alone document – Basic COP Template
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.

  • General Fasteners Company supports the Global Compact and its initiatives and principles.
    Tim Farrell
    President

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.

  • General Fasteners requires its employees to observe all laws of the united States and the company handbook and affirmative action policies which address prevention of human rights abuses

  • Implementation

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

  • Affirmative Action Plans (implemented and reviewed by the US government), Company Handbook updates including open door policy process.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • Discrimination and harassment training completed, no tolerance policy in effect. Reviewed 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.

  • General Fasteners requires its employees to observe all laws of the united States and the company handbook and affirmative action policies which address employees' rights.

  • Implementation

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

  • Affirmative Action Plans (implemented and reviewed by the US government), Company Handbook updates including open door policy process. Monthly employee meetings to review and discuss all facets of company performance

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • Affirmative Action Plans (implemented and reviewed by the US government), Company Handbook updates including open door policy process. All complaints are reviewed by Human Resources Department and senior management. Overall audit to ISO 9000-2008.

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.

  • Observe and support all regulations of the government, environmental response plans in effect, lean initiatives on waste and recycling are active and effective.

  • Implementation

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

  • Implemented significant waste material reductions at all locations, especially metals, paper products, and plastics.

  • Measurement of outcomes

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

  • Existing environmental response plan, no legal cases, reviewed by management. Waste costs reduced substantially.

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.

  • Company Handbook updates including zero tolerance policy. No instances in any of our operations.

  • Implementation

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

  • Covered by sections of our handbook, Human Resources Department would be responsible for investigating any potential instances. Open door policy is a mechanism for employee input.

  • Measurement of outcomes

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

  • No incidents, reviewed by senior management, no legal cases, rulings, fines, etc. Should an incident occur the Human Resources Department would be the investigative group.