Corporate sustainability starts with a company’s value system
and a principled approach to doing business. This means operating in
ways that, at a minimum, meet fundamental responsibilities in the areas
of human rights, labour, environment and anti-corruption. Responsible
businesses enact the same values and principles wherever they have a
presence, and know that good practices in one area do not offset harm in
another. By incorporating the Global Compact principles into
strategies, policies and procedures, and establishing a culture of
integrity, companies are not only upholding their basic responsibilities
to people and planet, but also setting the stage for long-term success.
The UN Global Compact’s Ten Principles are derived from: the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption.
Human Rights
Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that they are not complicit in human rights abuses.
Labour
Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4: the elimination of all forms of forced and compulsory labour;
Principle 5: the effective abolition of child labour; and
Principle 6: the elimination of discrimination in respect of employment and occupation.
Environment
Principle 7: Businesses should support a precautionary approach to environmental challenges;
Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies.
Anti-Corruption
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.
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