The Signing the United Nations Global Compact
In April 2014 the Yamato Group signed the United Nations Global Compact, a global framework for achieving sustainable growth.
By supporting the ten principles of the UN Global Compact and implementing them in its business activities, the Group contributes to the sustainable development of society by fostering a sound corporate culture.
About the UN Global Compact
The UN Global Compact is a voluntary initiative under which each company and organization participates in the development of a global framework for participants to act as good members of society and realize sustainable growth by demonstrating creative, responsible leadership. It was proposed by then-UN Secretary-General Coffey Annan at the World Economic Forum in 1999, and officially launched at the UN headquarters in New York in July 2000.
For details, please refer to the United Nations Global Compact website.
The Ten Principles of the United Nations Global Compact
The UN Global Compact defines ten principles in four key areas (Human Rights, Labour, the Environment, and Anti-Corruption), and calls on companies and organizations to support and implement them.
- 1Businesses should support and respect the protection of internationally proclaimed human rights; and
- 2make sure that they are not complicit in human rights abuses.
- 3Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
- 4the elimination of all forms of forced and compulsory labour;
- 5the effective abolition of child labour; and
- 6the elimination of discrimination in respect of employment and occupation.
- 7Businesses should support a precautionary approach to environmental challenges;
- 8undertake initiatives to promote greater environmental responsibility; and
- 9encourage the development and diffusion of environmentally friendly technologies.
- 10Businesses should work against corruption in all its forms, including extortion and bribery.