IFSS is present in parts of the world where human rights and decent working conditions may be at risk, whether directly through our own operations or indirectly through the supply chain. IFSS is committed to developing an organizational culture that respects internationally recognized human rights and seeks to avoid human rights abuses.
IFSS makes an effort to run our business in a way that respects human rights and labor standards. Our commitment is based on:
Universal Declaration of Human Rights, International Covenant on Civil and Political Rights (ICCPR) and International Covenant on Economic, Social and Cultural UN Guiding Principles on Business and Human Rights, the OECD Guidelines for Multinational Enterprises, the International Labor Organization’s Declaration on Fundamental Principles and Rights at Work (ILO Convention) and the UN Global Compact principles.
Our Human Rights policy applies to all IFSS companies regardless of the individual state's abilities and/or willingness to fulfil their own human rights obligations. IFSS expects that our personnel, business partners and others stakeholders who are directly linked to our operations, products or services, have equally respect for fundamental human rights.
Besides having a clear policy on compliance with human rights anchored at the Board of Directors, IFSS has processes to avoid that adverse human rights impact takes place.
Through IFSS's internal reporting system, each IFSS company reports twice per year to the local Board of Directors and the line management Business Review team, that mitigation and remediation processes are in place in case of adverse human rights impact. Besides all companies do a self-assessment yearly on human rights compliance.
IFSS has taken active steps to prevent adverse human rights impacts linked to our suppliers. Through our structured supplier audit system, suppliers are audited on a list of indicators, hereunder human rights compliance.
If adverse human rights impact should occur in a IFSS company, the incident will initially be dealt with along the business line. Any adverse impact may also be reported through IFSS's centrally administrated whistle blowing channel. Appropriate administrative or legal steps will be taken depending on the circumstances.
IFSS’s Human Rights commitment is reviewed by external expertise.