{"id":2240,"date":"2007-09-13T17:13:16","date_gmt":"2007-09-13T16:13:16","guid":{"rendered":"http:\/\/www.ethicalquote.com\/index.php\/2007\/09\/13\/global-compact-survey\/"},"modified":"2007-12-18T17:27:54","modified_gmt":"2007-12-18T16:27:54","slug":"global-compact-survey","status":"publish","type":"post","link":"https:\/\/www.covalence.ch\/index.php\/2007\/09\/13\/global-compact-survey\/","title":{"rendered":"Global Compact Survey"},"content":{"rendered":"<p><a href=\"http:\/\/www.union-network.org\/UNIFinance.nsf\/By+Date\/CBD596FF0AF8359DC1257355004AA88B?OpenDocument\" target=\"_blank\" title=\"071218_uni.jpg\"><img decoding=\"async\" src=\"http:\/\/www.ethicalquote.com\/newTemplate\/wp-content\/uploads\/2007\/12\/071218_uni.jpg\" title=\"071218_uni.jpg\" alt=\"071218_uni.jpg\" align=\"right\" \/><\/a><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\">In 2006 and 2007, <\/span><st1:stockticker><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\">UNI<\/span><\/st1:stockticker><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\"> Finance conducted a survey on finance companies&#8217; commitments to Principle 3 of the UN Global Compact, &#8220;Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining&#8221;. 35 major finance companies were asked to elaborate on their commitments to Principle 3. In a second step, a sample of trade unions from around the world assessed the actual practice of these companies in different countries of operation. The UN Global Compact is an international initiative that brings companies together with UN agencies, trade unions and civil society to support ten universal principles in the areas of labour, human rights, the\u00c2\u00a0 environment and anti-corruption. This aims at encouraging businesses worldwide to adopt social and sustainable policies and to communicate the progress made in\u00c2\u00a0 mplementing them. General trends emerging from both the replies of companies and the assessments of trade unions are: The labour dimension of <\/span><st1:stockticker><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\">CSR<\/span><\/st1:stockticker><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\"> is neglected compared to issues such as the environment and broader human rights. Implementation of policies and codes of conduct beyond companies\u2019 home countries is limited. There seems to be no comprehensive overview by group management of what is happening in other<o:p><\/o:p><\/span><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\"> countries in terms of industrial relations. Companies\u2019 behaviour and practice hardly go beyond national legal requirements. Companies have not yet developed tools to truly implement policies and monitor them across countries of operation. &gt; <a href=\"http:\/\/www.union-network.org\/UNIFinance.nsf\/By+Date\/CBD596FF0AF8359DC1257355004AA88B?OpenDocument\" target=\"_blank\">Continue<\/a>.<\/span><\/p>\n<p>Message received by Covalence <span class=\"LinkBlueTransMedium\">| Country: <\/span>Global<span class=\"LinkBlueTransMedium\"> | Company: <\/span><a href=\"http:\/\/www.ethicalquote.com\/newTemplate\/index.php\/ethicalquote\/?value=7\"><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\">Barclays, HBOS, Royal Bank of Scotland, <\/span><st1:stockticker><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\">UBS<\/span><\/st1:stockticker><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\">, <\/span><st1:stockticker><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\">ABN<\/span><\/st1:stockticker><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\"> Amro, <\/span><st1:stockticker><span style=\"font-size: 9pt; font-family: Arial\" lang=\"EN-GB\">BNP<\/span><\/st1:stockticker><\/a><span class=\"LinkBlueTransMedium\"><a href=\"http:\/\/www.ethicalquote.com\/newTemplate\/index.php\/ethicalquote\/?value=7\"> Paribas, Credit Suisse, Deutsche Bank, HSBC, Banco Santander, Societe Generale<\/a> | <\/span>Source: <a href=\"http:\/\/www.union-network.org\/UNIFinance.nsf\/By+Date\/CBD596FF0AF8359DC1257355004AA88B?OpenDocument\" target=\"_blank\">Union Network International<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2006 and 2007, UNI Finance conducted a survey on finance companies&#8217; commitments to Principle 3 of the UN Global Compact, &#8220;Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining&#8221;. 35 major finance companies were asked to elaborate on their commitments to Principle 3. In a second&hellip;<\/p>\n","protected":false},"author":665,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"wds_primary_category":0,"wds_primary_post_series":0,"footnotes":""},"categories":[6],"tags":[43,76,57,52,51,91,148,73,138,46,14],"post_series":[],"class_list":["post-2240","post","type-post","status-publish","format-standard","hentry","category-messages","tag-abn-amro","tag-banco-santander","tag-barclays","tag-bnp-paribas","tag-credit-suisse","tag-db","tag-hbos","tag-hsbc","tag-rbs","tag-sg","tag-ubs","entry","no-media"],"_links":{"self":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/2240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/users\/665"}],"replies":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/comments?post=2240"}],"version-history":[{"count":0,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/2240\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/media?parent=2240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/categories?post=2240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/tags?post=2240"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/post_series?post=2240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}