Definitions for "Global Compact"
Keywords:  annan, kofi, labour, corruption, rio
A United Nations sponsored initiative for the protection of human rights and compliance with accepted standards of employment and environmental protection. Together with other corporations and NGOs, BASF has committed itself to the Compact, whose nine core principles address human rights, labor standards and environmental issues.
the UN Global Compact is a voluntary corporate responsibility initiative to advance ten universal principles in the areas of human rights, labour, the environment and anti-corruption.
A United Nations-sponsored platform for encouraging and promoting good corporate practices and learning experiences in the areas of human rights, labor and the environment. Its principles derive from the Universal Declaration of Human Rights, the International Labor Organizationâ€(tm)s fundamental principles on rights at work, and the Agenda 21 principles on the environment and development.