ESG Report 2022 single pages web - Flipbook - Page 15
Topic
Definition
15
Labour practices
Employment practices regarding internal and external workforce throughout the
value chain, compliance with regulatory regimes and internationally accepted
labour standards in the workplace. It captures minimum labour rights, employee
benefits, fair compensation and worker-related corporate sustainability
initiatives.
16
Transparency
The comprehensive management of corporate communication through the
systematic recording, reporting, transmission of information and analysis of
corporate developments, performance and management.
17
Governance structures
and mechanisms
The mechanisms, procedures, and rules concerning the company's internal
control, supervision, reporting, and decision-making system.
18
Innovation
and technology
The development and use of advanced technologies and digital innovations to
generate new business processes and improve clients and other stakeholders'
experiences.
19
Business model
resilience
Identifying and managing risks and opportunities connected to social,
environmental, and economic challenges into the business model planning. It
focuses on how companies respond and adapt to these changes to carry on their
activity, grow and create value for shareholders and society in the long term.
20
Waste and hazardous
materials management
The gaseous, liquid and solid substances used or disposed of in business
operations or present in products that threaten human health or the
environment. Captures the generation, treatment, recovery, recycling and
reduction measures of hazardous and non-hazardous waste and the handling,
storage and application of hazardous material.
21
Management of the
legal and regulatory
environment
This issue refers to the company's regulatory compliance strategy and how it
engages and aligns itself with regulators to make public and corporate interests
compatible. It captures corporate compliance management, lobbying and
government relations, as well as responsible tax planning.
22
Community relations
The management of the relationship between businesses and the communities
they operate or which they interact with, considering engagement mechanisms,
community contributions, and positive or negative impact on local communities.
23
Ecological impacts
The contamination of natural resources due to harmful substances, excessive
use or exploitation, and general corporate operational impacts that affect the
protection of land, forests and biodiversity resources.
24
Sourcing efficiency
and management
The establishment of commitments and policies designed to trace, screen, monitor,
and follow up with supplier performance against one or more ESG dimensions,
while on the other hand, the management of supply chain risks concerning supply
shortages or disruptions. It captures strategies to maintain fluid communication
and support between a company and its suppliers.
25
Competitive behaviour
Practices that prevent or restrict free trade or competition between commercial
actors in a market, including anti-competitive behaviour and protectionism.
It also captures protection and infringement of intellectual property rights.
26
Responsible
consumption
and production
The company's ability to promote sustainable consumption and production
patterns.
27
Selling practices
and product labelling
The requirements, standards, certifications and established practices regarding
the information presented to consumers when advertising and selling goods and
services. On the other hand, it refers to the social challenges related to the failure
to provide transparent, accurate and complete information.
Material
SUSTAINABILITY
RWS — ESG Report 2022
15
