Workplace

Coty Workplace
Coty Workplace
workplace
Human and labor rights

We believe that everyone has the right to be treated with dignity and respect. We are committed to respecting and promoting fundamental human rights throughout our own operations and extended supply chain. We adhere to a number of international standards relevant to corporate responsibility and ethical business conduct including the UN Declaration of Human Rights, the fundamental rights set out in the International Labor Organization’s Declaration on Fundamental Principles and Rights at Work and the OECD Guidelines for Multinational Enterprises. As a signatory to the UNGC we support the Ten Principles on human rights, labor, environment and anti-corruption.

We are committed to ensuring that all our employees work in a safe environment based on equal opportunity, free from discrimination or harassment. Our employee Code of Conduct sets out what our employees must do to ensure these high standards as well as outlining the reporting process and protocol if they have any concerns. All employees receive the Code of Conduct, and undergo a range of mandatory on-line trainings.

Our global compliance program, ‘Behave Beautifully’, is designed to detect and prevent violations of the law and promote a culture of ethical business practices. To date, Coty has not been the subject of material investigations, legal cases, ruling, fines or other events related to human and international labor rights violations.

Since our last progress report, our Global Compliance team, in collaboration with senior leaders, who are responsible for ensuring a robust global compliance program, are delivering a suite of e-learning modules relating to our Behave Beautifully initiative which includes the following mandatory courses.
  • Anti-Bribery and Corruption
  • Competition law
  • Conflicts of Interest
  • Data Privacy
  • Preventing Harassment and Discrimination
In addition, 9,835 employees have been trained on our Code of Conduct from the period January 1, 2018 to June 30, 2018.

We also launched an enhanced ethics and compliance hotline, run by an independent company, which is available to employees as well as third parties. The hotline is accessible via phone or online in over 300 languages 24 hours a day, 7 days a week. Where permitted by local law, individuals may raise their questions or concerns anonymously. Throughout 2018, we continued to communicate and emphasise Coty’s non-retaliation policy to ensure employees feel safe raising concerns.

We report on both progress of our global compliance progress and investigation data regularly to the Board and to the Executive Committee. The reported metrics focus on allegations of misconduct, including intake method, issue type, status and resolution, among others.

Our commitment to respecting human rights also extends throughout our supply chain to our business partners, suppliers and contractors. We expect our partners to share our values and maintain the same high levels of ethical standards and to promote these within their organizations and throughout their business network. These standards are outlined in both our Code of Conduct for Business Partners and our Modern Slavery Statement that are to be followed in the daily business activities on behalf of Coty. Any suspected issues of non-compliance are escalated to appropriate senior leadership.

With regards to our supply chain, we request that our key, “in-scope”*, suppliers, sign our Code of Conduct for Business Partners as a first step of the compliance process. This includes our current suppliers and any new suppliers we recruit. To date, 120 of these suppliers have signed our Code of Conduct for Business Partners and approximately 50 suppliers have provided an equivalent code to which they are complying.
* defined as 80% of our overall third party spend across packaging, raw materials, logistics and transport and logistics, gifts with purchases and Third Party Manufacturing facilities (TPMs)
✓ Limited assurance provided by KPMG