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Partnership Guide - Unido

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THE PRINCIPLES OF THE GLOBAL COMPACT<br />

The Global Compact, launched by the United Nations in<br />

1999, is a platform for promoting good corporate practice<br />

supported by a growing number of leading global companies.<br />

Its Nine Principles are:<br />

• Human rights<br />

- Businesses should support and respect the protection<br />

of internationally proclaimed human rights;<br />

- Make sure they are not complicit in human rights<br />

abuses.<br />

• Labour<br />

- Businesses should uphold the freedom of association<br />

and the effective recognition of the right to collective<br />

bargaining;<br />

- All forced and compulsory labour should be eliminated;<br />

- Child labour should be effectively abolished;<br />

- Discrimination in respect of employment and occupation<br />

should be eliminated.<br />

Annex 1<br />

• Environment<br />

- Businesses should support a precautionary approach<br />

to environmental challenges;<br />

- Undertake initiatives to promote greater environmental<br />

responsibility;<br />

- Encourage the development and diffusion of environmentally<br />

friendly technologies.<br />

Participation in the Global Compact implies that a firm<br />

should:<br />

• Issue a clear statement of support and engage in public<br />

support for the Compact;<br />

• Post a concrete example of progress made and lessons<br />

learned on the Global Compact website* once a year;<br />

• Undertake activities that further the realization of the<br />

principles in partnership with United Nations organizations.<br />

* The United Nations website which brings together activities, issues and information related to the Global Compact is<br />

http://www.unglobalcompact.org.<br />

Annex 1<br />

23

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