On 24 june 2004, during the first global compact leaders summit, kofi annan announced the addition of the tenth principle against corruption in accordance with the united nations convention against corruption adopted in 2003. Given the comprehensive agenda 2030 on sustainable development goals, the new york declaration itself, i thought it was an obvious point that the global compact should predominantly be about practice, performance and positive impacts. International global compact learning forum conference in belo horizonte, brazil, in december 2003. The global compact principles are general and broad. Global compact principles are included in iso 26000. United nations global compact global reporting initiative. The cookie settings on this website are set to allow all cookies to give you the very best experience.
Importantly, it draws on widely accepted and understood management practices, but is organized and orientated around maximizing corporate sustainability performance. Businesses should uphold the freedom of association and the effective. Oecd principles of corporate governance and the united nations global compact. The group advocates adherence to principles in the. Your files will be permanently deleted from our server after one hour. The purposes and principles of the charter of the united nations, the humanitarian principles. 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. With the global compact rooted in internationally accepted principles, delegates in this course can feel confident that their actions are being guided by values that are universally supported and endorsed. The ten principles of the united nations global compact are derived from. United nations global compact definition investopedia. Their breadth and simplicity are part of their appeal, rendering them accessible for all types of businesses, regardless of size, industry, location or. Businesses should support and respect the protection of internationally proclaimed human rights.
This guide has been introduced to enable you to engage with the subject matter of the compacts principles in a timeefficient and costeffective manner. The universal declaration of human rights the international labour organizations declaration on fundamental principles and rights at work. 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. The international labour organizations declaration on fundamental principles and rights at work. The global compacts ten principles cover the areas of human rights, labour, the environment and anticorruption.
These core values make up the 10 principles of the ungc. The united nations global compact ungc is a global public policy network supporting ten universal principles in the areas of human rights, labor standards, environmental protection, and anti. The ten principles i call on you individually through your firms, and collectively through your business associations to embrace, support and enact a set of core values in the areas of human rights, labour standards, and environmental practices. No one has access to your files and privacy is 100% guaranteed. 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. But i believe we have underestimated its fragility. For investors there is a separate set of principles. Just draganddrop your pdf file in the box above, wait for the compression to complete and download your file. For example, meyer, stefanova 2001, williams 2014 have identified that. United nations global compact 10 principles human rights principle 1. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anticorruption.
We would like to show you a description here but the site wont allow us. The rio declaration on environment and development. These sessions sought to shed light on the theoretical and practical meaning of the global compact s two human rights principles, as well as to offer guidance to companies on how to implement them. Such a system will reward longterm, responsible investment. Corporate sustainability starts with a companys value system and a principlesbased approach to doing business. If you continue without changing these settings, you consent to this but if you want, you can change your settings at any time at the bottom of this page. Thus, we continue to be committed to unyielding integrity and high standards of business conduct in everything we do. The spread of markets outpaces the ability of societies and their political systems to.