ISS AS
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph 17b
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- Provide a detailed description of your organization's human rights policy commitments concerning value chain workers. Include information on the processes and mechanisms in place to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Focus specifically on material issues and outline your general approach to engaging with value chain workers.
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Question Id: S2-1_03
In our Supplier Code of Conduct and our Supply Chain Policy, we lay down a set of minimum requirements, including on working conditions and equal treatment, that all suppliers must adhere to by signing up to ISS Supplier Code of Conduct or by having in place own policies of at least the same standard as the ISS Supplier Code of Conduct. It also defines our expectations and requirements towards suppliers in terms of human rights emphasising our expectation that suppliers comply with international standards such as the UN Guiding Principles on Business and Human Rights.
Human trafficking, forced labour and child labour are explicitly addressed in our Supplier Code of Conduct and our Supply Chain Policy and are subject to requirements to establish and maintain due diligence processes for these severe human rights areas.
Our Supplier Code of Conduct, which is referenced in our standard terms and conditions, we retain the right to terminate our business relationship with suppliers that do not comply with our requirements.
Our Supplier Code of Conduct and our Supply Chain Policy are both approved by the Executive Group Management (the EGM) and implemented operationally by our global Procurement function. Both policies are publicly available.
Report Date: 4Q2024Relevance: 80%
- Provide a detailed description of your approach to addressing specific material negative impacts on value chain workers. Include any actions related to your purchasing or internal practices, capacity-building initiatives, engagement with entities within the value chain, or collaborative efforts with industry peers or other relevant parties. Additionally, outline how these actions manage material risks and pursue material opportunities related to value chain workers, and assess the effectiveness of these measures.
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Question Id: S2-4_06
We may indirectly have negative impact on supply chain workers through the business relationships we maintain with our suppliers as explained above. Our actions to address these potential indirect negative impacts are centered around our supply chain due diligence and assurance practices deployed through our Procurement function. Our supply chain policies described above are supported by a detailed set of internal procurement standards setting out requirements that our procurement and supplier engagement process must comply with. At the core is our risk categorisation of our suppliers. Our risk categorisation considers the type of goods and services provided, the environment in which goods and services are delivered as well as geographical risks and potential customer impact. From these criteria suppliers are grouped in high, medium and low risk categories, which determines activities undertaken during each supplier lifecycle phase: Vetting, Contracting, On-boarding, Operations and Off-boarding.
Report Date: 4Q2024Relevance: 65%