Focal areas
NKT primarily centres on the environmental and anti-corruption areas of the UN Global Compact. However, targeted efforts within Human & Employee Rights have also been made. The first goals have been achieved, promising results are in the pipeline, and new challenges are appearing
When adhering to the UN Global Compact in 2009 we assessed which action areas would have the most impact on a relative short-term basis to assure buy-in throughout the organization. Our assessment was and is continuously based on:
- The UN Global Compact 10 principles
- Our business situation
- Our business culture
Based on a thorough business analysis we identified the largest potential for positive impact in the areas of Environment and Anti-corruption. We deemed it relevant, however, to initiate actions and targets within all of the main areas and report on these. Furthermore, NKT intends to widen the initiatives and report within other societal areas in the future.
To ensure that the principles are propagated and complied with throughout the Group, all NKT unit general managers must annually report on the situation in their units via our Statement of Representation. In this statement they report on facts and declare their adherence to the UN Global Compact principles as managers and on behalf of their units.
COP 2011
UN Global Compact 10 principles
Human rights
- businesses should
1. Support and respect the protection of internationally proclaimed human rights
2. Ensure they are not complicit in human rights abuses
Labour
- businesses should
3. Uphold the freedom of association and the effective recognition of the right to collective bargaining
4. Uphold the elimination of all forms of forced and compulsory labour
5. Uphold the effective abolition of child labour
6. Uphold the elimination of discrimination in employment and occupation
Environment
- businesses should
7. Support a precautionary approach to environmental challenges
8. Undertake initiatives to promote greater environmental responsibility
9. Encourage the development and diffusion of environmentally friendly technologies
Anti-corruption
- businesses should
10. Work against corruption in all its forms, including extortion and bribery