Under the auspices of the Global Compact initiative established by U.N. Secretary-General Kofi Annan, NGOs, international business and labor organizations as well as representatives from the world of science and politics are working closely together with the aim of forging a global economy based on the principles of sustainable development.
The Ten Principles of the Global Compact
Principle 1:
Support and respect the protection of international human rights within the sphere of influence;
Principle 2:
Make sure corporations are not complicit in human rights abuses;
Principle 3:
Freedom of association and the effective recognition of the right to collective bargaining;
Principle 4:
The elimination of all forms of forced and compulsory labor;
Principle 5:
The effective abolition of child labor;
Principle 6:
The elimination of discrimination in respect of employment and occupation;
Principle 7:
Support a precautionary approach to environmental challenges;
Principle 8:
Undertake initiatives to promote greater environmental responsibility;
Principle 9:
Encourage the development and diffusion of environmentally friendly technologies;
Principle 10:
Work against corruption in all its forms, including extortion and bribery.
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