United Nations Global Compact (UNGC)
The UN Global Compact is the world’s largest corporate citizenship and sustainability initiative. It was launched in 2000 and today has nearly 9,000 corporate participants and other stakeholders in over 135 countries. The Compact’s objective is to involve businesses and other organizations in creating solutions for poverty, human rights abuse, environmental destruction and corruption. Dietsmann has been a signatory to the UNGC since 2011 and a participant since 2021.
The UN Global Compact is both a corporate responsibility initiative and a strategic policy initiative for businesses to align their operations and strategies with 10 universally accepted principles in the areas of human rights, labor, the environment and anti-corruption:
- Support and respect the protection of internationally proclaimed human rights;
- Make sure that they are not complicit in human rights abuses;
- Uphold the freedom of association and the effective recognition of the right to collective bargaining;
- Uphold the elimination of all forms of forced and compulsory labor;
- Uphold the effective abolition of child labor; and
- Uphold the elimination of discrimination with respect to employment and occupation;
- Support a precautionary approach to environmental challenges;
- Undertake initiatives to promote greater environmental responsibility; and
- Encourage the development and diffusion of environmentally friendly technologies;
- Work against corruption in all its forms, including extortion and bribery.