August 13, 2018
Vermeg is proud to announce its membership, in June 2018, to the UN Global Compact and thus supports its social and societal component. Vermeg is committed to applying the 10 fundamental principles in the areas of human rights, labor standards, the environment and the fight against corruption, and to report annually on progress made.
Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: Businesses should 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: Businesses should uphold the elimination of all forms of forced and compulsory labour;
Principle 5: Businesses should uphold the effective abolition of child labour; and
Principle 6: Businesses should uphold 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 support 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.
To know more about the UN Global Compact: https://www.unglobalcompact.org/what-is-gc/mission/principles