AS3 3 Global Compact The Global Compact comprises 10 principles for social responsibility based on internationally ratified conventions for labour and human rights, as well as the environment and anti-corruption. The CSR initiative is universal and constitutes a “common language” across national borders which can be adapted to companies’ specific needs and situations by virtue of its flexibility and voluntary nature. Human rights 1. The company should support and respect the protection of internationally proclaimed human rights. 2. The company shall ensure that it is not complicit in human rights violations. Workers’ rights 3. The company should uphold the freedom of association and the effective recognition of the right to collective bargaining. 4. The company should support the elimination of all forms of forced and compulsory labour. 5. The company should support an effective abolition of child labour. 6. The company should support the elimination of discrimination in respect of employment and occupation. Environment 7. The company should support a precautionary approach to environmental challenges. 8. The company should undertake initiatives to promote greater environmental responsibility. 9. The company should encourage the development and diffusion of environmentally friendly technologies. Anti-corruption 10. The company should combat all forms of corruption, including extortion and bribery. AS3’s application of Global Compact –– As a framework for conducting CSR initiatives within the company and to ensure that our business partners support its principles. –– As a basis for communication with the world around us; we aim to convey our views on social responsibility and our work in this field. –– As a platform for dialogue with our clients and external business partners.
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