This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labor, environment and anticorruption. United nations global compact communication on progress cop 2017 advanced level july 2018 about this document loreal has been a signatory of the united nations global compact since 2003 and is a member of the french network of the global compact global compact france. United nations global compact definition investopedia. Companies join the global compact because they share the conviction that. The global compacts ten principles cover the areas of human rights, labour, the environment and anticorruption. United nations global compact 10 principles human rights principle 1. Proof of registration please show proof of officiallegal registration by either uploading a government registry document or providing a link to a searchable database that contains company information for example, registered office address, company status, company type, directorsofficers, nature of. Global compact netzwerk osterreich progress reports.
Rights and the oecd guidelines for multinational enterprises. 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. About united nations global compact ungc 10 principles. The united nations global compact is the worlds largest voluntary corporate citizenship initiative. United nations global compact communication on progress. The international labour organizations declaration on fundamental principles and rights at work.
Strengthen the means of implementation and revitalize the global partnership for sustainable development. 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. Ensure the health, safety and wellbeing of all women and men workers 4. The ten global compact principles enjoy universal consensus being derived from. Communication on progress about the united nations global compact the united nations global compact is a call to companies everywhere to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment. The global compact asks companies to embrace, support and enact, within their sphere of influence, a set of core principles in the areas of human rights, labour standards, the environment and anticorruption. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anticorruption. A practical guide to the united nations global compact for. 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. As the worlds largest voluntary corporate sustainability initiative, the united nations global compact is catalyst for transforming business through principledriven environmental, social and governance practices. This bibliography was generated on cite this for me on friday, august 7, 2015. These core values make up the ten principles of the ungc. Corporate sustainability starts with a companys value system and a principles based approach to doing business.
Participants in the global compactboth large multinationals. By doing so, business, as a primary driver of globalization, can help ensure that. Thus, we continue to be committed to unyielding integrity and high standards of business conduct in everything we do. The principles of the global compact 1207 words cram. 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. Loreal has been a signatory of the united nations global compact since 2003 and is a member of the board of the french network of the global compact global compact france. The universal declaration of human rights the international labour organizations declaration on fundamental principles and rights at work. By doing so, business, as a primary driver of globalization, can help ensure that markets, commerce. How we implement the ten principles 7 kpmg international. Foundation for the global compact guidestar profile.
Confirm their support to the ten principles of the united nations global compact and the sdgs, take responsibilities to revise their business models by changing their business strategy in favour of longterm sustainability for a more fair, ecological, and inclusive development of the economy, territories, society, and the planet. 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. This is seen through the initiatives fast development now with around ten thousand corporate members and diverse stakeholders from over countries, it is the most stupendous voluntary. This communication on progress is an important tool to. The global compact seeks to provide a contextual framework to encourage innovation.
Treat all women and men fairly at work respect and support human rights and nondiscrimination 3. The rio declaration on environment and development. 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. With the growth of united nations global compact ungc as an initiative, the ever expanding comprehension of their principles as a standard are perceived. In 2018, loreal was recognised as a global compact lead company. Corporate sustainability starts with a companys value system and a principlesbased approach to doing business.
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