Center for Corporate Auditing, Responsibility and Management policy Authoring/Global Compact policy
Global Compact policy[edit | edit source]
Introduction[edit | edit source]
The United Nations Global Compact is a business framework for human rights, labour, environment and anti-corruption created by the United Nations. The framework requires member companies to report on their efforts to adhere to the principles of the framework.
Requirements of the Global Compact[edit | edit source]
Companies which sign the United Nations Global Compact should:
- support and respect the protection of internationally proclaimed human rights;
- make sure that they are not complicit in human rights abuses;
- uphold the freedom of association and the effective recognition of the right to collective bargaining;
- uphold the elimination of all forms of forced and compulsory labour;
- uphold the effective abolition of child labour;
- uphold the elimination of discrimination in employment and occupation;
- support a precautionary approach to environmental challenges;
- undertake initiatives to promote environmental responsibility;
- encourage the development and diffusion of environmentally friendly technologies;
- work against corruption in all its forms, including extortion and bribery.