WHEN an NVOCC applies to EU regulators to operate in Europe, it is crucial to emphasise their contributions to the social aspects of ESG (Environmental, Social, Governance) to ensure alignment with European Union priorities such as fairness, labour rights, community engagement, and sustainable practices.
Compliance with labour laws and EU standards, such as ensuring fair wages, safe working environments, and equal opportunities regardless of gender, ethnicity, or nationality. Initiatives to support employee well-being, training sessions and professional growth opportunities.
It would also be advisable to say they have implemented anti-discrimination policies and improved working conditions. Or they might launch diversity and inclusion training or introduce health insurance.
Perhaps, the NVOCC has sponsored or supported educational initiatives or partnered with NGOs in community outreach schemes. One might also reveal plans to establish scholarships for underserved communities, or volunteer programmes where employees contribute to local causes.
Expressions of one's embrace of supply chain ethics would highlight a commitment to ethical sourcing, which includes that supply chain partners comply with human rights regulations.
To ensure such behaviour the NVOCC might have audited suppliers to confirm they have complied with human rights standards, partnered with suppliers that prioritise fair trade and sustainable practices.
Nothing expresses corporate virtue more than according stakeholder engagement the highest priority in a company's executive suite. That means building meaningful relationships with customers, suppliers, and local authorities. The astute NVOCC would be well advised to create an online platform for feedback and dialogue with customers and stakeholders.
By focusing on these areas, the NVOCC can demonstrate their commitment to social responsibility, which is a vital consideration for the EU's regulatory framework. Framing their past actions and future plans together with EU social values.