The global compact s ten principles cover the areas of human rights, labour, the environment and anticorruption. Responsible businesses enact the same values and principles wherever they. We assist companies in adopting the 10 ungc principles in canada. 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. Take a look at our sdgs initiatives and learn more about what we are doing to help the private sector activate and embed the 17 global goals. 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 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 anti. The global compact is framed consistent with target 10.
Companies that sign the global compact undertake to support 10 principles on human rights, labor standards, the environment and the fight against corruption. Global compact academic network bentley university. Introduction launched in july 2000, the united nations global compact is both a policy platform and a practical framework for companies that are committed to sustainability and responsible business practices. 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 article further identifies three theoretical perspectives that. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of. Corporate sustainability starts with a companys value system and a principlesbased approach to doing business. Foundation for the global compact guidestar profile. In many cases, the oecd guidelines provide more detail. Cgd endorses the 10 principles of the global compact.
Differing from laws, which encompass a political process in its formulation and. Such a system will reward longterm, responsible investment. This chapter discusses the significance of the global compact within a number of contexts, including an. The united nations global compact is a call to companies everywhere to volun. Importantly, it draws on widely accepted and understood management practices, but is organized and orientated around maximizing corporate sustainability performance.
Principle report reference commitments and actions. We will develop the capabilities of students to be future generators of. Corporate sustainability starts with a companys value system and a principles based approach to doing business. The gcnc assists canadian businesses embrace, support, and.
The global compacts ten principles cover the areas of human rights, labour, the environment and anticorruption. The global compact has been criticised by some observers, who feel the united nations loses some of its independence through alliances with corporate entities. Ten principles differing from laws, which encompass a political process in its formulation and regulation, principles are more informal, and. It evaluates the debate around the effectiveness and legitimacy of the ungc alongside the arguments of its supporters and critics and thereby introduces the thematic symposium contributions. 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. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anticorruption. As a member of the united nations global compact, sabic is dedicated to creating and fostering a culture of respect and fair. The 10 principles were then aligned with the opportunities from the 17 sustainable development goals. The report highlights select activities of kpmg international in relation to the ungcs 10 principles, for the reporting period 1 october 2018 to 30 september 2019. The united nations global compact has operated with some success and some criticism since its inception in 2000. Its nature is entirely nonpolitical and fundamentally humanitarian. United nations global compact 10 principles human rights principle 1. Principle 1 support and respect the protection of internationally proclaimed human rights. Corporate social responsibility united nations global compact global compact spanish local network entrepreneurial internationalization.
Launched by the united nations in 2000, the global compact gc promotes private sector compliance with 10 basic principles covering human rights, labour standards, the environment, and anti. Corporate sustainability starts with a companys value system and a principled approach to doing business. The report highlights select activities of kpmg international in relation to the ungcs 10 principles, for the reporting period 1 october 2014 to 30 september 2015. These core values make up the ten principles of the ungc. 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. Thus, we continue to be committed to unyielding integrity and high standards of business conduct in everything we do. Mainstream the ten principles in business activities around the world. Global compact principles are included in iso 26000. Global compact for migration international organization. Businesses should uphold the freedom of association and the effective.
The annex of this guide briefly outlines more than 20 resources available for download on. The united nations global compact is a strategic initiative that supports global companies whose ceos are committed to. Their breadth and simplicity are part of their appeal, rendering them accessible for all types of businesses, regardless of size, industry, location or level of experience with corporate citizenship. The global compact emanates from fundamental principles of humanity and international solidarity. Cgd endorses the 10 principles of the global compact cgds commitment to its corporate sustainability programme.
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