Compliance with the UN Global Compact’s Ten Principles
At Sofeast, we commit to following these principles fully:
- Human Rights:
- Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights.
- Principle 2: Make sure they are not complicit in human rights abuses.
- In practice: This means a company commits to fair labor practices, ensuring safe working conditions, and avoiding child or forced labor in its own operations and its supply chain.
- Labour:
- 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.
- Principle 6: The elimination of discrimination in respect of employment and occupation.
- In practice: This means a company commits to non-discriminatory hiring, paying fair wages, and respecting workers’ rights to organize.
- Environment:
- Principle 7: Businesses should support a precautionary approach to environmental challenges.
- Principle 8: Undertake initiatives to promote greater environmental responsibility.
- Principle 9: Encourage the development and diffusion of environmentally friendly technologies.
- In practice: This means a company commits to reducing its carbon footprint, minimizing waste, using resources efficiently, and innovating to create more sustainable products.
- Anti-Corruption:
- Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.
- In practice: This means a company commits to having transparent accounting, clear anti-bribery policies for employees and partners, and a culture of ethical behavior.
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