The Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of core values in the areas of human rights, labour standards, the environment, and anti-corruption. These core values make up the 10 principles of the UNGC.
Human Rigths
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Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
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Principle 2: make sure that they are not complicit in human rights abuses.
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Labour Standards
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Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
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Principle 4: the elimination of all forms of forced and compulsory labour;
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Principle 5: the effective abolition of child labour; and
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Principle 6: the elimination of discrimination in respect of employment and occupation.
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Environment
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Principle 7: Businesses should support a precautionary approach to environmental challenges;
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Principle 8: undertake initiatives to promote greater environmental responsibility; and
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Principle 9: encourage the development and diffusion of environmentally friendly technologies
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Anti-Corruption
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Principle 10: Businesses should work against all forms of corruption, including extortion and bribery
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"Business practices rooted in universal values can bring social and economic gains."