What is UN Global Compact?

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Ten Principles

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights

Principle 2: Make sure that 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; andPrinciple 6: The elimination of discrimination in respect of employment and occupation.Principle 7: Businesses should support a precautionary approach to environmental challenges;Principle 8: Undertake initiatives to promote greater environmental responsibility; andPrinciple 9: Encourage the development and diffusion of environmentally friendly technologies.Principle 10: Businesses should work against all forms of corruption, including extortion and

bribery.

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A truly global initiative

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The value of participation

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UN GUIDING PRINCIPLES

UN Guiding Principles on Business and Human Rights

The UN Guiding Principles on Business and Human Rights were adopted unanimously by the UN Human Rights Council in June 2011. Although not creating legal obligations for businesses, they spell out the responsibility for companies to respect human rights in the course of their business operations.

Based on three pillars “Protect, Respect, Remedy”:

- The state duty to protect against human rights abuses,- The corporate responsibility to respect human rights and act with due diligence, and - The need for greater access to effective remedy by victims.

Expect all companies to take into account all human rights identified in:- The International Bill of Rights- The 8 Core ILO Conventions

The first authoritative human rights guidance of its kind, the Guiding Principles have already been referenced in:

- The revised OECD Guidelines for Multinational Enterprises, - ISO 26000: 2010 Guidance on Social Responsibility,- The EC Communication A renewed EU strategy 2011-2014 for CSR.

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KEY POLICY EXPECTATIONEuropean Commission

European Commission on Business and Human Rights

New EU definition of CSR (An EU Strategy on CSR 2011- 2014):

CSR = a process for companies to integrate social, environmental, ethical and human rights concerns into their operations and core strategy, in close collaboration with their stakeholders

EC focus on identifying, preventing and mitigating adverse impacts; promoting due diligence on CSR throughout the supply chains

EC expects enterprises to meet the corporate responsibility to respect human rights as defined in the UN Guiding Principles

EC invites EU Member States to develop national plans for the implementation of the UN Guiding Principles

EC developing human rights sector specific guidance for (1) Oil & Gas, (2) ICT and (3) Recruitment and employment agencies

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KEY POLICY EXPECTATIONEC Project on Human Rights Guidance

European Commission Project on Human Rights Guidance

2 Projects1. Develop human rights sector guidance for

Employment and recruitment agencies Information and communication technology (ICT) Oil and gas

2. Develop human rights guidance for SMEs

Governance- Expert Advisory Committee- For each sector guidance – a Sector Advisory GroupScope- Will take account of the experiences of EU business- Aims to be as globally relevant as possibleOutput- Non-binding guidance that is intended to be practical and relevant to companies- Developed through research on key issues and input from a wide range of stakeholders- Business, civil society, trade unions, governments, affected communities, academics, experts

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UNGC → A COMMITMENTCONCLUSIONS

Benefits & Challenges

To think outside of the boundaries Worldwide tool

Center of a “spider’s web” The link with other stakeholders

A yearly communication

Continuous improvement approach Eternal renewal Credible influence