Launched in July 2000 by Kofi Annan, then Secretary-General of the United Nations (UN), the Global Compact is an international charter which unites businesses, UN entities, the world of work and civil society under the banner of various universal principles concerning respect for human rights, the right to employment, environmental protection and the fight against corruption.
By signing up to the Global Compact in 2004, Renault Trucks demonstrated its commitment to uphold the fundamental common values of the Volvo Group, itself a signatory since 2001.
Participation in the Global Compact implies the subscription to 10 major principles based on a constructive and structured approach, obtaining results that are published each year on the UN website.
The ten universal principles of the global compact
1 - Support and respect the protection of internationally proclaimed human rights.
2 - Make sure the organisation is not complicit in human rights abuses.
3 - Uphold freedom of association and the effective recognition of the right to collective bargaining.
4 - Eliminate all forms of forced and compulsory labour.
5 - Effectively abolish child labour.
6 - Eliminate discrimination in respect of employment and occupation.
7 - Support a precautionary approach to environmental challenges.
8 - Undertake initiatives to promote greater environmental responsibility.
9 - Encourage the development and diffusion of environmentally friendly technologies.
10 - Work against corruption in all its forms.