This is third month in 2015 that the initiative had to expel more participants than new participants joined after january and september. It is our hope that members of the scm roundtable community will take part in. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labor, environment and anti. A guide to engagement in the united nations global compact. The global compacts ten principles cover the areas of human rights, labour, the environment and anticorruption. About united nations global compact ungc 10 principles. The international labour organizations declaration on fundamental principles and rights at work. Global compact united nations initiative britannica. Guide to corporate sustainability deutsches global compact.
United nations global compact definition investopedia. The ten principles i call on you individually through your firms, and collectively through your business associations to embrace, support and enact a set of core values in the areas of human rights, labour standards, and environmental practices. United nations global compact 10 principles human rights principle 1. Guided by these global initiatives, the bank also endorses a number of initiatives, voluntary guidelines and international conventions with regards to human rights and labour rights, environmental protection and corruption, as set out below. Corporate sustainability starts with a companys value system and a principlesbased 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 anticorruption. By doing so, business, as a primary driver of globalization, can help ensure that. Corporate sustainability starts with a companys value system and a principles based approach to doing business. During the second world war basf was merged with other industries. United nations global compact, the ten principles accessed september 2016. The united nations global compact is the worlds largest voluntary corporate citizenship initiative. Uniting business to tackle covid19 through the ten principles. Thus, we continue to be committed to unyielding integrity and high standards of business conduct in everything we do. The united nations global compact is a strategic policy initiative that encourages businesses to support ten universal principles in the areas of human rights, labor standards, the environment.
United nations global compact ungc aims for the two corresponding goals. The united nations global compact is a strategic initiative that supports global companies whose ceos are committed to responsible business practices in the areas of human. The global compact asks companies to embrace, support and enact, within their sphere of influence, a set of core values divided in four major categories as follows. Mainstream the ten principles in business activities around the world.
Companies join the global compact because they share the conviction that. The united nations global compact logo and the we support the global compact logo are. The global compact vision is to help advance sustainable business models and markets. Participants in the global compactboth large multinationals. Mainstream the ten principles in business activities. Rights and the oecd guidelines for multinational enterprises. Implementation plan for the 2030 agenda for sustainable development. I am proud that kpmg international has been a signatory of the ungc since 2002.
The universal declaration of human rights the international labour organizations declaration on fundamental principles and rights at work. Participation in the global compact is voluntary and firms commit to ten broad principles in the areas of human and labor rights, the environment, and anticorruption. A practical understanding of the vision and nine principles. Joining the global compact is a widely visible commitment to the initiatives ten universal principles. How we implement the ten principles 7 kpmg international. The united nations global compact is a nonbinding united nations pact to encourage businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. Overall, the global compact pursues two complementary objectives. The ten principles of the united nations global compact are derived from.
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