Our CoCBR is based on the international standards (UNGPs/OECD) for responsible business conduct.   
To ensure responsible practices, it is necessary to implement a management system that regularly identifies and manages risks associated with adverse impacts on all three aspects of sustainability: human rights (including labor rights), the environment (including climate), and the economy (including anti-corruption measures).  
To establish this management system in compliance with the standard referenced by our CoCBR, you should implement the three following procedural elements in your company:

• Policy Commitment: You need a policy commitment that is: 
  • Approved at the most senior level in the company. 
  • Informed by relevant internal/external expertise. 
  • Stipulates the businesses expectations of stakeholders, at minimum employees and business relationships. 
  • Publicly available and communicated internally and externally to relevant   
    stakeholders, including your employees and business relationships. 
  • Reflected in operational policies and procedures to integrate it throughout   
    the entire business.
• Sustainability due diligence : You shall continuously: Identify your actual and potential adverse impacts on all three bottom lines, Prevent or mitigate the impacts that you may cause or contribute to, and Measure the effectiveness of your actions and communicate your work.
• Access to remedy:
  • Should you identify or be informed of the fact that you are causing or contributing to actual adverse impacts, you must ensure access to remedy for the affected parties through effective grievance mechanisms. These mechanisms should be directed towards those individuals and groups who could be affected negatively by the activities of your company. In relation to actual significant impacts in the areas of environment and economic sustainability, you may need to contact the appropriate authorities.

It is your responsibility to establish a management system by implementing these three procedural requirements. If ICL has sufficient resources to engage, collaborative implementation can be carried out in coordination with us.

It is important to remember that all businesses always will have potential adverse impacts. It is your responsibility to establish the process of identifying, preventing, mitigating, remediating, and communicating about these adverse impacts that are central for your compliance with our CoCBR and thereby the international minimum standard.

Since our CoCBR represents the minimum to be expected from any business relationship, it is a requirement from the international standard that you raise similar requirements to your business relationships.