Global Compact

Our commitment to Global Compact

The United Nations Global Compact initiative is a framework for companies that are committed to align their operations and strategies with universal principles in the areas of human rights, labour, the environment and anti-corruption, and take actions that advance societal goals.

Global Compact is an initiative launched by former UN Secretary-General Kofi Annan in January 1999. It is a call to businesses worldwide to help build social and environmental frameworks that ensure open and free markets and assist people everywhere secure a chance to share the benefits of the new global economy.

By incorporating the Global Compact principles into strategy, policies and procedures, Fast Telecom Group is not only upholding the basic responsibilities to people and planet, but also setting the stage for long-term success.

The UN Global Compact’s Ten Principles 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, and the United Nations Convention Against Corruption.

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.

More about the world's largest corporate sustainability initiative

(link: https://www.unglobalcompact.org/what-is-gc)