With more than 9,500 companies as signatories based in more than 160 countries, the UN Global Compact is the world's largest strategic sustainability initiative for companies. The initiative was started 1999 and urges companies to take global responsibility and adapt their strategies and operations to the ten principles.
The foundation of the principles
The principles are derived from the UN's Declaration of Human Rights, the ILO's Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the UN Convention Against Corruption.
Once a year Indutrade will issue a Communication on Progress (CoP) that details how we are conducting our operations in accordance with the 10 principles and outlines our responsibility. The Communication on Progress will be published on the UN Global Compact's website, available to the general public.
Read more about the UN Global Compact and the ten principles on: www.unglobalcompact.org.
INDUTRADE CONTRIBUTES TO FULFILMENT OF THE UN SUSTAINABLE DEVELOPMENT GOALS
In 2015, the UN introduced its 2030 Agenda for Sustainable Development supported by 17 Sustainable Development Goals (SDGs). The SDGs, which should be met by 2030, are aimed at achieving sustainable social, economic and environmental growth.
Indutrade contributes both directly and indirectly to a large number of areas. Our largest contribution comes from the services and products that companies deliver and produce. The SDGs that are most relevant for Indutrade are SDG 4, SDG 8, SDG 9 and SDG 13.
Furthermore, many Indutrade companies deliver solutions and products that help customers save energy, water, materials and CO2. That contributes to fulfilment of SDG 6 (Clean water and sanitation), SDG 7 (Affordable and clean energy), SDG 12 (Responsible consumption and production) and SDG 13 (Climate action) and indirectly to SDG 14 (Life below water) and SDG 15 (Life on land).
Some companies deliver solutions and products that contribute to a safer work environment and better health, which affects for example SDG 3 (Good health and well-being). Many of our companies do business in smaller cities and communities, where they actively contribute to SDG 11 (Sustainable cities and communities) and SDG 10 (Reduced inequalities) in their regions and communities.
We work systematically to ensure that our operations are run in a fair and ethical way in order to minimise the risk of corruption in the supply chain. This contributes to SDG 16 (Peace, justice and strong institutions). We strive to ensure non-discrimination and equal opportunity in the workplace, which contributes to SDG 5 (Gender equality).