In
May 2008, Unisteel pledged its support for the United Nations Global
Compact, which is a set of autonomous action principles propounded by
the United Nations, and is complying with the principles.
About the U.N. Global Compact
The U.N. Global Compact is a set of voluntary
guidelines for companies. The idea originated in January 1999 at The
World Economic Forum in Davos, Switzerland, the seventh U.N.
Secretary-General Kofi Annan proposed a means to harness the creative
powers of the private sector to fulfill the wishes of underprivileged
people and meet the needs of future generations. Each company
participating in the U.N. Global Compact agrees to support and practice
ten principles that have been established worldwide relating to the
following four areas, Human Rights, Labour Standards, Environment, and
Anti-Corruption.
| The Ten Principles of the U.N. Global Compact |
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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. |
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Labour
Standards
| 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. |
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|
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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. |
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Anti-Corruption
| Principle
10 |
Businesses should work against corruption in all its forms, including
extortion and bribery. |
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Please refer to www.unglobalcompact.org
for more information.
As part of Unisteel’s Communication-On-Progress
(COP) effort, various posters promoting the ten principles of the U.N.
Global Compact are put in common areas for stakeholders (employees,
community, customers, suppliers). Below are just some areas in which
these posters can be found. |
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| Unisteel
Technology (Malaysia) Sdn. Bhd., Malaysia
|
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| Unisteel Fastening Systems (Shanghai) Co., Ltd
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