CHT has been a signatory of the UN Global Compact since mid-2016. We see this commitment as a great opportunity to underpin our claims to sustainable, responsible corporate governance and to develop these further in the long term.
Exchanging and sharing experience in the network will broaden our perspective in the future and sharpen our focus, but will also optimise our measures and contribute to fully exploit our potential. By sharing information and experience with other companies we also have the possibility of finding additional activity fields for the CHT Group and expanding our business relations. The CHT Group is committed to the 10 principles of the United Nations Global Compact and to responsible corporate governance with integrity.
The Ten Principles of the UN Global Compact
01 Businesses should support and respect the protection of internationally proclaimed human rights; and
02 make sure that they are not complicit in human rights abuses.
03 Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
04 the elimination of all forms of forced and compulsory labour;
05 the effective abolition of child labour; and
06 the elimination of discrimination in respect of employment and occupation.
07 Businesses should support a precautionary approach to environmental challenges;
08 undertake initiatives to promote greater environmental responsibility; and
09 encourage the development and diffusion of environmentally friendly technologies.
10 Businesses should work against corruption in all its forms, including extortion and bribery.
The German Global Compact Network (DGCN) currently comprises more than 800 participants - around 740 of which are companies from DAX to SMEs, as well as 60 representatives from civil society, academia and the public sector. With the aim of initiating change processes in companies and strategically anchoring sustainability, the DGCN focuses on the topics of human rights & labor standards, environment & climate, corruption prevention as well as reporting and the SDGs.
United Nations Global Compact
Based on the 10 universal principles and the 17 Sustainable Development Goals, the UN Global Compact pursues the vision of an inclusive and sustainable economy. More than 19,000 companies and organizations are already signatories of the UN Global Compact and contribute to the global vision. The UN Global Compact offers all participants comprehensive support services on key sustainability topics as well as a variety of high-profile international events.