The global compact is based on a set of 10 universal principles in the areas of human rights, labour, environment and anticorruption. The global compacts ten principles cover the areas of human rights, labour, the environment and anticorruption. Compact is not a regulatory instrument it does not police or enforce the behavior or actions of companies. Rather, the global compact relies on the enlightened selfinterest of companies, labour and civil society to initiate and share substantive action in pursuing the principles upon which the global compact is based. Businesses should uphold the freedom of association and the effective. 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. Importantly, it draws on widely accepted and understood management practices, but is organized and orientated around maximizing corporate sustainability performance.
A practical guide to the united nations global compact for. These core values make up the ten principles of the ungc. Corporate sustainability starts with a companys value system and a principlesbased approach to doing business. The ten global compact principles offer us important. Respect and corporate social responsibility are two of cgis core values. By embracing these principles, cgd will actively participate and collaborate in the network of its country of incorporation, as well as in the global compact networks present in the countries in which it has operations which have a significant impact on society, economy and environment, thus contributing to the development of local communities. The example highlights how emerging technologies can raise new human rights questions for companies. Businesses should work against corruption in all its forms, including extortion and. In particular in the last ten years, since the birth of this initiative, the climate change science has hardened and the world has moved on in many ways.
The global compact asks companies to embrace, support and enact, within their sphere of influence, a set of core values in the areas of human rights, labour standards, the environment, and anticorruption. The rio declaration on environment and development. It specifically commits the executive leader of an organisation and is therefore seen as an important public, topdown commitment to. Some look back, but most look forward and ask questions about the ideas that lie behind the ten principles of the compact. Robert kiyosaki 2019 the speech that broke the internet keep them poor. Mainstream the ten principles in business activities around the world. The compact pdf 294kb is a voluntary agreement between the public and third sector in england. Businesses should support and respect the protection of internationally proclaimed. Through the power of collective action, the global compact seeks to mainstream these ten principles in business activities. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anticorruption.
About united nations global compact ungc 10 principles. Declaration of support from group management netwo rk switzerland we support. The global compact s ten principles cover the areas of human rights, labour, the environment and anticorruption. It sets out commitments to set the foundation for a productive relationship between government and third sector organisations tsos that will help achieve. The universal declaration of human rights the international labour organizations declaration on fundamental principles and rights at work the rio. Embedding the 10 ungc principles into supply chain management. Businesses should work against corruption in all its forms, including extortion and bribery. 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 united nations global compact ungc is both a policy platform and a practical framework for companies that are committed to sustainability and responsible business practices. Human right principle 1 businesses should support and respect the protection of internationally proclaimed human rights.
The international labour organizations declaration on fundamental principles and rights at work. The universal declaration of human rights the international labour organizations declaration on fundamental principles and. The seminar is exclusively held for member organizations of global compact. As a lead member, we are committed to work toward implementing the blueprint for. The united nations global compact ungc is a tactical strategy scheme for companies who commit to align their operational strategies to the principles outlined by the ungc whose main purpose for existence is to assist businesses in managing risks and opportunities presented to them in certain areas such as the environment, society and. On 24 june 2004, during the first global compact leaders summit, kofi annan announced the addition of the tenth principle against corruption in accordance with the united nations convention against corruption adopted in 2003. This report provides the framework for criminal tax administrations worldwide as they pursue criminal tax compliance. This report looks at the ways in which companies can embed the united nations global compact 10 principles into their supply and value chain management structures by establishing internal buyin and engagement programs. Being derived from four key international declarations and conventions, the principles enjoy universal consensus. The main target audience is nonsustainability professionals, so feel free to invite your colleagues. Corporate sustainability starts with a companys value system and a principled approach to doing business. These core values make up the 10 principles of the ungc. The universal declaration of human rights the international labour organizations declaration on fundamental principles and rights at work. The universal declaration of human rights the international labour organizations declaration on fundamental principles and rights at work the rio declaration on environment and development the united nations.
Businesses should support and respect the protection of internationally proclaimed human. Part ii of the global compact is the comprehensive refugee response framework crrf as adopted by the united nations general assembly ares711, annex i. This bibliography was generated on cite this for me on friday, august 7, 2015. This community includes a diverse group of business people, ngo representatives, governments, consultants, researchers and others who work in the csr field. Presentation of practical measures and measurement of results in 2018 covered. The global compact differentiation framework categorizes companies into three groups. Ten principles differing from laws, which encompass a political process in its formulation and regulation, principles are more informal, and thus are conceptually accepted as a. The compact challenges business to operate according to ten principles covering bribery and corruption, human rights, labour and the environment. This report provides the framework for criminal tax administrations world. Businesses should support and respect the protection of internationally proclaimed human rights. In addition, we are grateful to surya chandak, guido sonnemann and xiaofei pei of unep dtie and to lothar meinzer of basf aktiengesellschaftfor their detailed comments on draft text and structure.
United nations global compact 10 principles human rights principle 1. Signing up to the united national global compact ungc commits a company to ten guiding principles on human rights, labour, environment and anticorruption. 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. I am proud that kpmg international has been a signatory of the ungc since 2002. As a multistakeholder leadership initiative, it seeks to align business operations and strategies with 10 principles in the areas of human rights, labor. Great people grow at the pace of their talent and are. Thus, we continue to be committed to unyielding integrity and high standards of business conduct in everything we do. Cgd endorses the 10 principles of the global compact.
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