The Research Institute of Standards in Islam unequivocally supports the UN Global Compact Initiatives.
What is UN Global Compact?
The UN Global Compact is a call to companies to align their strategies and operations with ten universal principles related to human rights, labor, environment and anti-corruption, and take actions that advance societal goals and the implementation of the SDGs.
Who founded the Global Compact?
The Global Compact was proposed in the late 1990s by UN secretary-general Kofi Annan in response to widespread concerns about the negative impact of corporate business practices on human rights, workers’ rights, and the environment.
When was UN Global Compact established?
Launched on July 26 2000 by former UN Secretary-General Kofi Annan, the UN Global Compact was initiated to bring business and the United Nations together to give a human face to the global market.
What are the 4 UN Global Compact domains?
The UN Global Compact is a principle-based framework for businesses, stating ten principles in the areas of human rights, labor, the environment and anti-corruption. Under the Global Compact, companies are brought together with UN agencies, labor groups and civil society.
What are the UN Global Compact principles?
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.
How many countries have signed the UN Global Compact?
With more than 9,500 companies as signatories based in more than 160 countries, the UN Global Compact is the world’s largest strategic sustainability initiative for companies.
How many countries are not in the UN?
The United Nations (UN) is the largest intergovernmental organization in the world, with a current membership of 193 member states and two permanent non-member observer states (Palestine and Vatican City/Holy See).
What is the goal of the UN Global Compact?
At the UN Global Compact, we aim to mobilize a global movement of sustainable companies and stakeholders to create the world we want. That’s our vision.
Is UN Global Compact voluntary?
UN Global Compact is a voluntary initiative based on CEO commitments to implement universal sustainability principles and to take steps to support UN goals.
https://www.unglobalcompact.org