This United Nations approach recognizes that the development of humanity depends largely on achieving sustainable global dynamics based on universal principles that contribute to build a more prosperous society.
We adhered in 2005 and implemented in our management the ten principles of this initiative in areas such as human rights, labor standards, environment and anti-corruption. Since then, we have participated actively in actions of the Global Compact local network, and have promoted these principles among our stakeholders.
We are committed to the respect and promotion of human rights, addressing the following principles of the global initiative:
- Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights.
- Principle 2: Businesses must make sure that they are not complicit in human rights abuses.
Our commitment with good labor practices extends to the value chain. We have implemented the Human Management Integral Model to promote building employees' competences as well as the Policy on engagement with suppliers to promote ethical and collaborative relationships. We thus embrace four Global Compact principles related to labor standards:
- Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining.
- Principle 4: Business should eliminate all forms of forced and compulsory labor.
- Principle 5: Business must effectively abolish child labor.
- Principle 6: Businesses must eliminate discrimination in respect of employment and occupation.
We promote good environmental practices among stakeholders, for example through the Environmental Management Plans developed with the communities in the areas of influence. Furthermore, our projects are aimed at the generation of renewable energy, clean development mechanisms and energy efficiency, thus abiding by the three principles of this initiative:
- Principle 7: Businesses should support a precautionary approach to environmental challenges.
- Principle 8: Businesses should undertake initiatives to promote greater environmental responsibility.
- Principle 9: Businesses must encourage the development and diffusion of environmentally friendly technologies.
We join this initiative through instruments to promote, assess and secure compliance with ethics as a core value and with corporate governance practices. We evidence our support to the last principle of Global Compact:
- Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.