The Global Compact asks companies to embrace, support and enact, within their sphere of  influence, a set of core values in the areas of human rights, labour standards, the environment, and anti-corruption:

The principles enjoy universal consensus and are derived from:

  • The Universal Declaration of Human Rights
  • The International Labour Organization’s Declaration on fundamental Principles and Rights at Work
  • The Rio Declaration on Environment and Development
  • The United Nations Convention Against Corruption

Human Rights

Principle 1: Business 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 Standards

Principle 3: Business 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: Business 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 environmental friendly technologies.

 

Anti-Corruption

Principle 10: Business should work against corruption in all its forms, including extortion and bribery.