Communication on Progress

Communication on Progress November 2016

Participant
Published
  • 16-Nov-2016
Time period
  • November 2015  –  November 2016
Format
  • Stand alone document – Basic COP Template
Differentiation 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
 
  • 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.

  • To our stakeholders:

    I am pleased to confirm that Cartamundi reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.

    In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to share this information with our stakeholders using our primary channels of communication.

    Sincerely yours,

    Chris Van Doorslaer,
    CEO Cartamundi Group

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.

  • Cartamundi has put together and published their 'Global Business Ethics Principles' in February 2016.
    Objective: "Cartamundi, together with its subsidiaries and affiliates strives to conduct its business in accordance with high ethical and business standards, and seeks to have its vendors, suppliers and licensee condust themselves in the same manner".

    Cartamundi is an active member of the commission 'Children Rights and Business Principles in Belgium. Cartamundi is co-chairing the commission with the CEO of UNICEF Belgium.

  • Implementation

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

  • Use of the Global Business Ethics Principles amongst stakeholders
    Participation in this program and adherence to these principles is mandatory for all facilities within the Cartamundi group

    Self Assessment of CRBP was done in 2016
    CRBP principles were explained in the management team
    Survey held amongst employees to define the community programs that will be supported by Cartamundi in 2017

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • No answer provided.
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.

  • The Global Business Ethics Principles include topics to obtain:
    - no forced labor
    - no child labor
    - compliance with all applicable national and local wage and hour laws
    - provision of a healthy and safe environment for all employees
    - no abuse or discrimitation

  • Implementation

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

  • Global Business Ethics Principles is published on our website
    Stakeholders are invited to confirm their commitment to these principles

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • No answer provided.
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.

  • The Global Business Ethics principles state:
    "Cartamundi maintains a commitment to sound environmental programs and practices and encourages the reduction and recycling of waste. Facilities must comply with all applicable laws relating to the environment and dispose of toxic materials in a controlled and safe manner. To that end, Cartamundi seeks to conduct business with facilities who are equally dedicated to persuing continuous efforts to improve the compatibility of its operations with the environment".

  • Implementation

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

  • Cartamundi encourages the use of hybrid or electrical cars. During 2016, Cartamundi bought their first fully electrical car.in 2016, next to hybrid cards that are already in use.
    Cartamundi is using solar energy.

  • Measurement of outcomes

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

  • No answer provided.
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.

  • The Global Business Ethics principles state:
    Cartamundi will not tolerate facilities who do not conduct business in an ethical and proper manner or who use bribes, kickbacks or provide gifts, favors or services to gain a competitive advantage with Cartamundi

  • Implementation

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

  • No answer provided.
  • Measurement of outcomes

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

  • No answer provided.