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UN Global Compact's 10 Principles
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.
Related Report
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Sustainable International Trade for a Resilient Future
We invite you to explore our in-depth special report, which not only highlights the urgency of transitioning to sustainable international trade but also showcases the innovative solutions being implemented around the globe. With many countries committing to achieving net zero carbon emissions by 2050, there is a race against the clock to upgrade the world’s energy and trade infrastructure to achieve this. In this report, we highlight strategies used by trade stakeholders worldwide to foster a sustainable future, focusing on decarbonization, energy and food security, and environmental impact mitigation.
