Following principles of Global Compact of United Nations organization

«VELAM» Company. Following principles of Global Compact of United Nations Organization.


In 2007 «VELAM» Company has declared on its adhesion to initiatives of Global Compact of United Nations Organization and continues to adhere to the declared principles.

Ten principles of Global Compact of UNO supported by «VELAM» Company:

Human rights

Principle № 1: Business community shall support and esteem the approach stipulating protection of international human rights in the field of their influence.
Principle № 2: Business community shall not be accessorial to the human rights violation.

Labour relations

Principle № 3: Business community shall support freedom of association and effective recognition of right to a collective agreement.
Principle № 4: Business community shall support abolition of any form of forced and obligatory labour.
Principle № 5: Business community shall support effective abolition of child labour.
Principle № 6: Business community shall support abolition of discrimination when employing labour and in professional activity.

Environment

Principle № 7: Business community shall support circumspective approach to environmental matters.
Principle № 8: Business community shall undertake initiatives on supporting increase of environmental responsibility.
Principle № 9: Business community shall promote development and spread of environmentally benign technologies.

Fight against corruption

Principle № 10: Business community shall fight against any form of corruption including blackmail and bribery.

Author: N.I.Troshina, deputy director of IMS on personnel management and social responsibility system.