Communication on Progress

Participant
Published
  • 2014/10/20
Time period
  • October 2013  –  October 2014
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active 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.

  • 20-10-14

    To our stakeholders:

    I am pleased to confirm that Pegasus Agritech 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,

    
Frans Vanegeraat
    
Vice 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.

  • Reference to (statement of support for) the Universal Declaration of Human Rights or other international standards
    Assessment of Human Rights related risks and impact in industry sector and country(ies) of operation (see Risk Assessment Report at The Human Rights and Business Project

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

  • Consultation with stakeholders and affected parties

  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • Investigations, legal cases, rulings, fines and other relevant events related to Human Rights
    Periodic review of results 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.

  • Reference to ILO Core Conventions or other international instruments
    Written policies that clearly state employee rights and responsibilities and their compensation and benefits

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

  • Consultation with employees and other stakeholders
    Human resource policies and procedures supporting the Labour principles

  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • Describe how the company deals with incidents of violations of the Global Compact Labour principles

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.

  • Policy requiring business partners and suppliers to adhere to the Global Compact environmental principles

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

  • Initiatives and programmes to reduce waste materials (e.g. recycling) and consumption of resources (energy, fossil fuels, water, electricity, paper, packaging, etc.)

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

  • Investigations, legal cases, rulings, fines and other relevant events related to the Global Compact environmental principles

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.

  • Assessment of risk of corruption and bribery in the company’s industry and country(ies) of operation

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

  • Participation in industry initiative or other collective action on anti-corruption

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

  • Internal audits to ensure consistency with anti-corruption commitment, including periodic review by senior management
    Investigations, legal cases, rulings, fines and other relevant events related to corruption and bribery