Center for Corporate Auditing, Responsibility and Management policy Authoring/Global Compact policy

Global Compact policy edit

Introduction edit

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

Companies which sign the United Nations Global Compact should:

  1. support and respect the protection of internationally proclaimed human rights;
  2. make sure that they are not complicit in human rights abuses;
  3. uphold the freedom of association and the effective recognition of the right to collective bargaining;
  4. uphold the elimination of all forms of forced and compulsory labour;
  5. uphold the effective abolition of child labour;
  6. uphold the elimination of discrimination in employment and occupation;
  7. support a precautionary approach to environmental challenges;
  8. undertake initiatives to promote environmental responsibility;
  9. encourage the development and diffusion of environmentally friendly technologies;
  10. work against corruption in all its forms, including extortion and bribery.