AGRATI JOINS THE UN GLOBAL COMPACT

To demonstrate our continued commitment to the creation of a sustainable and inclusive global economy, Agrati has embedded the Ten Principles of the United Nations Global Compact into strategies and operations and in all our value chain. We see this commitment as a great opportunity to underpin our claims to sustainable, responsible corporate governance and to develop these further in the long term.

UN Global Compact

The UN Global Compact is the world’s largest corporate sustainability initiative. The aim is to inspire, guide and catalyse the change to a more sustainable world. The UN Global Compact supports companies to: do business responsibly by aligning their strategies and operations with the Ten Principles on human rights, labour, environment and anti-corruption; and take strategic actions to advance broader societal goals, such as the UN Sustainable Development Goals, with an emphasis on collaboration and innovation

The Ten Principles

Corporate sustainability starts with a company’s value system and a principles-based approach to doing business. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption. By incorporating the Ten Principles of the UN Global Compact into strategies, policies and procedures, and establishing a culture of integrity, companies are not only upholding their basic responsibilities to people and planet, but also setting the stage for long-term success.

The Ten Principles of the United Nations Global Compact

1. Businesses should support and respect the protection of internationally proclaimed human rights; and
2. make sure that they are not complicit in human rights abuses
3. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
4. the elimination of all forms of forced and compulsory labour;
5. the effective abolition of child labour; and
6. the elimination of discrimination in respect of employment and occupation
7. Businesses should support a precautionary approach to environmental challenges;
8. undertake initiatives to promote greater environmental responsibility; and
9. encourage the development and diffusion of environmentally friendly technologies
10. Businesses should work against corruption in all its forms, including extortion and bribery

The Sustainable Development Goals

In September 2015, all 193 Member States of the United Nations adopted a plan for achieving a better future for all — laying out a path over the next 15 years to end extreme poverty, fight inequality and injustice, and protect our planet. At the heart of “Agenda 2030” are the 17 Sustainable Development Goals (SDGs) that represent aspirational, long-term targets for business and other stakeholders. The Ten Principles provide a common ethical and practical framework for operationalizing corporate responsibility. These universal principles represent the fundamental values that business should embed in their daily strategies and operations.

We invite you to join us on this journey — together, we will achieve the Global Goals. It will require us to ACT RESPONSIBLY, FIND OPPORTUNITIES, INSPIRE AND ADVOCATE. Work together to transform our world!

M. Zanfrini, Senior Internal Auditor