We are signatories to, and participants in, the United Nations Global Compact and support its ten principles regarding human rights, labor rights, the protection of the environment and anti-corruption. The principles regarding labor are those outlined in the ILO Declaration on Fundamental Principles and Rights at Work: freedom of association and the right to collective bargaining, elimination of forced or compulsory labor, the abolition of child labor, and the elimination of discrimination in respect of employment and occupation. While always complying with national laws and practice, we are also committed to making the Global Compact principles part of the strategy, culture and day-to-day operations of Randstad, and the ten principles are therefore regarded as part of our business principles. Our CEO has expressed Randstad’s support to the UN’s Secretary-General, while also reiterating our commitment to make these principles part of our strategy, culture and day-to-day operations. In 2014, we signed the United Nations’ Call to Action to Governments to promote anti-corruption measures and to implement policies to establish systems of good governance. For more information please see our Human Rights Policy.
In our Human Rights policy we set out the leading principles with regard to human rights for Randstad and its employees, job seekers, placed workers and management, as well as our expectations towards clients, suppliers, all other stakeholders with whom our talent and Randstad employees interact as part of their jobs (including business partners such as agents, intermediaries, joint ventures, consortia members, governments or local communities).
We expect all our stakeholders to act in accordance with all relevant human rights principles that are defined in our Human Rights policy. Compliance assessment and risk identification therefore take place before entering new business relations. For example, in any M&A project, the cultural fit between Randstad and the potential target as well as the risk profile of the potential target are essential aspects in the due diligence process. This includes looking at among others their code of conduct and related policies - including on human rights, anti-corruption, ED&I, non-discrimination and data protection. In addition we would also look at, e.g. their supplier base, their standard contracts, clients (to the extent permitted under competition law) to be able to properly assess the relevant risks. Serious negative findings on these aspects in the due diligence phase would usually be a reason not to proceed. Findings that we feel can be adjusted to our standards post acquisition will be addressed on completion of the transaction.
Human rights are an integral part of our core values and business processes. They are always taken into account during our strategy-setting process, and are respected in our daily operations, as appropriate to our involvement, the nature and context of our operations, the extent to which human rights issues are likely to occur, and the impact they may have (severity and likelihood).
Our global Risk & Control framework (comprised of ‘tone at the top’, performance management, concepts and best practices, risk & control activities, and reviews & audits) ensures that Randstad follows human rights principles worldwide. The design of this framework balances behavioral, preventive, detective and monitoring measures that safeguard compliance with human rights. The salient human rights principles covered in the due diligence process include the principles mentioned in our policy: diversity and inclusion; non-discrimination and equal opportunities; no harassment, intimidation or bullying; privacy; protection of health and safety; no modern slavery; no child labor; freedom of association; collective bargaining; fair working hours; remuneration; employability; respect for local communities. Within this process, special attention is paid to those groups of people that are more vulnerable in the labor market, including women, children, disabled people, migrant workers, the LGBTI+ community, indigenous people, racial and ethnic minorities, and the long-term unemployed.