In July 2016, NAMé recycling joined the UN Global Compact. This initiative was created 20 years ago with the aim to help companies to define a sustainable approach into their commercial mission. This approach is based on 10 key principles to which the UN Sustainable Development Goals for 2015-2030 are added.
With more than 9000 companies engaged in the process, the UN Global Compact represents the widest and the most global initiative for responsible business engagement. This initiative looks at an economical perspective where modern success is based on cooperation and interdependence between all stakeholders. Consequently, the UN Global Compact thinks that globalization has to be more respectful to human kind and the environment. The benefits of this engagement lay on 6 pillars:
Demonstrate commitment on corporate sustainability grounded in universal principles
Deepen sustainability practice, performance and impact
Engage locally and receive support through Local Networks in 80 countries
Be a part of a community of sustainability innovators and pioneers
Build UN-business partnerships, collaboration and alliances
Become a global advocate for responsible business
As to the ten principles around which the commitment to the UN Global Compact is articulated, these are establishing around 4 main subjects;
1. 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.
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.
NAMé is looking forward to this partnership and is proud to be able to promote the UN Global Compact universal values into our policy and our development. Each year, the UN Global Compact adherents have to submit a file that communicate efforts that have been made regarding corporate responsibility. We will keep you inform regarding the publication of this report.