The United Nations Global Compact
Shin-Etsu Chemical has joined the United Nations Global Compact (UNGC) as of November 12, 2010. The United Nations Global Compact is a voluntary strategic policy initiative for businesses that was first announced by then-United Nations Secretary-General Kofi Annan in an address at a meeting of the World Economic Forum in January 1999. It was launched at the UN Headquarters in 2000 and has become the largest corporate responsibility initiative in the world. The UN Global Compact is both a leadership platform and practical framework for the development, implementation, and disclosure of responsible corporate policies and practices for companies that are committed to sustainability and responsible business practices. As a leadership initiative endorsed by chief executives, it aims to promote better global citizenship by the world’s leading businesses and organizations that are committed to supporting and practicing in their business operations and strategies ten universally accepted principles with regard to the four areas of human rights, labour, environment and anti-corruption. At the same time, the UNGC aims to help bring about actions in support of other broader UN goals, including its Millennium Development Goals. Around the world, about 8,000 signatories in 135 countries are participating in the UNGC, and in Japan more than 110 companies and organizations are participating.
Shin-Etsu Chemical established a CSR (corporate social responsibility) Promotion Committee in April 2005, and it is proactively driving the Shin-Etsu Group’s CSR activities. In 2006, as a member of world chemical industry, Shin-Etsu announced its support and practice of the initiative represented by the International Council of Chemical Association (ICCA)’s Responsible Care Global Charter. Implementation of this Global Charter is strengthening the chemical industry’s commitment to the unique Responsible Care initiative that is aimed at continuous improvement in health, safety and environmental (HSE) performance by focusing on such important challenges as sustainable development, effective management of chemicals along the value chain, and the need for greater transparency. Now, by joining the UNGC, Shin-Etsu Chemical will further promote fair business practices that comply with the Ten Principles of the UNGC, as we strive to enhance our company’s CSR activities.
|Global Compact Principle 10|
|Principle 1:||Businesses should support and respect the protection of internationally proclaimed human rights; and|
|Principle 2:||Businesses should make sure 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:||Businesses should undertake initiatives to promote greater environmental responsibility, and;|
|Principle 9:||Businesses should encourage the development and diffusion of environmentally friendly technologies.|
|Principle 10:||Businesses should work against corruption in all its forms, including extortion and bribery.|
United Nations Global Compact: http://www.unglobalcompact.org/