United Nations Global Compact

 

Corporate sustainability is pursued thanks to a value system and a principles-based approach of doing business which imply to adopt operating standards that meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption. Responsible companies enact the same values and principles wherever they have a presence and know that good practices in one area do not offset harm in another.

By incorporating the Ten Principles of the United Nations Global Compact into policies, strategies, procedures, culture of integrity and good practices in the company, Prometeon Tyre Group is not only upholding its basic responsibilities towards people and planet, but also setting the stage to achieve the SDGs within 2030.

Since the beginning, the United Nations Global Compact has proposed a series of initiatives to provide support and define strategies and partnerships to pursue the Sustainable Development Goals (SDGs) launched in September 2015 in New York to accompany the activities of sustainable enterprises until 2030.

The present Report on Value Chain 2019 reflects the integrated Sustainability model adopted by Prometeon Tyre Group in 2019 and drafted following the Ten Principles of the United Nations Global Compact (hereinafter “UNGC”).

The Ten Principles of the UNGC are the following:

 

Human Rights

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

 

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

 

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

 

Anti-Corruption

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery

 

The 10 principles are inspired by the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, the United Nations Convention against Corruption. 

 

Sustainable Development Goals

 

The Sustainable Development Goals are global challenges that companies have to face to achieve a better and more sustainable future

Committing itself in pursuing the 17 Sustainable Development Goals, Prometeon Tyre Group creates the perfect correlation with the 10 Principles of the United Nations Global Compact to which it subscribes