In January, Tradecorp signed a commitment letter to join the Global Compact. Thus, Tradecorp is committed to align its operations and strategy with 10 universally accepted principles in the areas of human rights, labour, environment and anti-corruption.
Since its launch in 2000, more than 10000 participants, including over 7000 businesses in 135 countries, have joined the Global Compact. Considering these figures, the United Nations Global Compact is nowadays the world’s largest corporate citizenship and sustainability initiative.
These are the 10 Global Compact principles that Tradecorp is now committed to respect and promote:
• Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights
• Principle 2: make sure that they are not complicit in human rights abuses
• 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
• Principle 6: the elimination of discrimination in respect of employment and occupation
• Principle 7: Businesses should support a precautionary approach to environmental challenges
• Principle 8: undertake initiatives to promote greater environmental responsibility
• Principle 9: encourage the development and diffusion of environmentally friendly technologies
• Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery
Tradecorp is designing the actions to be carried out during 2012 in order to fulfill its commitment to the Global Compact and promote these principles within our scope of action.