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UN Global Compact

The Ten Principles of the UN Global Compact

The Ten Principles of the UN Global Compact

XBM believes that corporate sustainability starts with a company’s value system and a principles-based approach to doing business. This means operating in ways that meet our fundamental responsibilities in the areas of human rights, labour, environment, and anti-corruption, as reflected in the UN Global Contract.

 

By incorporating the Ten Principles of the UN Global Compact into our strategies, policies, and procedures, and establishing a culture of integrity, XBM seeks to not only uphold our basic responsibilities to people and planet, but also create a positive foundation for our long-term success.

 

Click on the links below to explore each principle in more detail.

UN Global Compact

Human Rights

 

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.

 

Labour

 

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.

 

Environment

 

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.

 

Anti-Corruption

 

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

Background

 

The Ten Principles of the United Nations Global Compact are derived from:

 

  • The Universal Declaration of Human Rights

 

  • The International Labour Organization’s Declaration on Fundamental Principles and Rights at Work

 

  • The Rio Declaration on Environment and Development

 

  • The United Nations Convention Against Corruption.
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