WDP Annual report 2020

Page 38

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Stratégie

ESG

Réalisations en 2020

Gouvernance

Comptes annuels

WDP Rapport annuel 2020

ESG TOPICS

38

Good governance

WDP Supplier Code of Conduct

Accomplishments in 2020 Supplier Code of Conduct

Grievance mechanism

There is no doubt our suppliers play an important

#Speak up

role in successfully achieving our sustainability

A clear reporting procedure allows employees

goals and our aim of contributing to a sustainable

to report their concerns or incidents.

Our suppliers are not only expected to provide quality work and economic added value. It is equally important that they subscribe to the ethical values that are self-evident for WDP. Our principles and our striving for mutual dialogue have been formalised in the Supplier Code of Conduct and the Grievance Mechanism.

world. This code defines the principles that we expect our suppliers to uphold: respect for human

#ShareYourThougths

rights, fair and proper working conditions, health

Reporting procedure for all stakeholders,

and safety, environment, and ethical conduct.

easily accessible through our website. In both reporting procedures, WDP guarantees respect for dialogue, solution-focussed, discretion.

0

infringements

Implementing a holistic approach around e-mail security and

of the Dealing Code, Employee Code of

anti-malware

Conduct, nor infringements of or convictions

Proper conduct Doing business honestly and correctly, open communication and transparent reporting with regard to good governance all guarantee responsible business practices. In this way, WDP takes aims for a good balance between the interests of the different stakeholders and the community.

related to competition law or as a result of corruption or fraud. Reporting standards, ratings and indeces

GRI

2020

Progress

Ambition

Gold

Gold

Core

Core

BBB

A

Not Prime C-

Prime C

42/100

Inclusion in the index

Objectives Compliance training Recurrent training regarding the behavioural principles and values set out in the Code of Ethics, the Code of Conduct, the Corporate Governance Charter and also in terms of HSES and risk management. Optimisation as regards cyber security and data integrity.

Transparent reporting An improved and high-quality report on good governance is only possible if WDP develops a long-term vision that safeguards sustainable employment practices and sustainable business practices, as has been formulated and described in the specific focus themes. This vision is also reflected in the choice WDP has made regarding recognition of international standards for reporting and ESG rating agencies. On the one hand, WDP has opted for EPRA and GRI, given their sector relevance and international recognition. On the other hand, ISS and MSCI were chosen. They use a framework that monitors a broad spectrum of environmental, social and governance topics and trends with a material impact or different industries and companies.


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