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The Ten Principles of the UN Global Compact
We hereby declare that we will sign up to and advocate The Ten Principles of the UN’ Global Compact as of November 2011. Global Compact What is the UN Global Compact? The UN Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with the ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption. By doing so, business, as a primary driver of globalization, can help ensure that markets, commerce, technology and finance advance in ways that benefit economies and societies everywhere. It refers to the ten principles established by the United Nations (UN) as guidelines for human-focus business operations in the areas of human rights, labour, environment, and anti-corruption. As a global business, we are willing to assume social responsibilities and committed to turning the Global Compact as the value that every employee pursues. By practicing these principles, we aim to create a better environment for business operations.
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- Ten Principles
The UN Global Compact’s Ten Principles for human rights, labour, environment, and anti-corruption enjoying global agreement are derived from the: ‧Universal Declaration of Human Rights ‧International Labour Organization’s Declaration on Fundamental Principles and Rights at Work ‧Rio Declaration on Environment and Development ‧United Nations Convention Against Corruption The Global Compact requires businesses to embrace, support, and establish core values in the areas of human rights, labour standards, environment, and anti-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: Elimination of all forms of forced and compulsory labour; Principle 5: Effective abolition of child labour; and Principle 6: 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