UN Global Compact's 10 Principles
07 November 2023•
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There is also the United Nations Global Compact (UNGC), which is the largest corporate sustainability initiative in the world, mobilizing businesses to adopt sustainable and socially responsible policies and practices.
The larger role the organization plays is in providing a framework and principles for businesses to align their operations with ten universally accepted principles in the areas of human rights, labour, environment, and anti-corruption.
In the context of trade, UNGC encourages companies to integrate sustainability considerations into their supply chain and trade-related activities.
The UNGC promotes sustainable trade by encouraging companies to respect human rights, ensure fair labour practices, protect the environment, and combat
corruption.
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