Communication on Progress Report 2021
At a time when we face significant health and economic challenges globally, best practice in corporate responsibility and progress towards sustainability is more important than ever - and greater progress can be achieved if we all work together.
We continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations.
We support public accountability and transparency, and commit to sharing this information with our stakeholders and the general public.
As a special initiative of the UN Secretary-General, the United Nations Global Compact is a call to companies everywhere to align their operations and strategies with ten universal principles in the areas of human rights, labour, environment and anti-corruption, and to take action in support of UN goals.
With more than 12,000 companies and 3,000 non-business signatories based in over 160 countries, and 69 Local Networks, it is the largest corporate sustainability initiative in the world.
The UNGC requires participating companies to produce a Communication on Progress (COP), a public, annual report which demonstrates their corporate sustainability through embedding the Global Compact’s Ten Principles into their business.
The Ten Principles of the UN Global Compact
Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that they are not complicit in human rights abuses.
Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4: the elimination of all forms of forced and compulsory labour;
Principle 5: the effective abolition of child labour; and
Principle 6: the elimination of discrimination in respect of employment and occupation.
Principle 7: Businesses should support a precautionary approach to environmental challenges;
Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies.
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.”