UN Global Compact
Participation to the United Nations Global Compact
NSG Group has been an active participant in the United Nations Global Compact (UNGC) since January 2012. We support the ten principles of "Human Rights, Labor, Environment, and Anti-Corruption" advocated by the United Nations Global Compact, and practice them through all our business activities. These ten principles are in common with the NSG Group's Code of Conduct, which sets out corporate responsibility for society and the environment.
The UN Global Compact expects each company to demonstrate responsible and creative leadership in order to achieve sustainable growth of the world. The UNGC was advocated by Coffey Annan, the United Nations Secretary-General (then), at the 1999 World Economic Forum (Davos Conference), it was officially launched in 2000 at UN Headquarters. As of September 2020, more than 15,000 companies and organizations have participated worldwide.
The Ten Principles of the UN Global Compact
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.
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.
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.
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery