UNITED NATIONS GLOBAL COMPACT

At the World Economic Forum, Davos, on 31 January 1999, UN Secretary-General Kofi A. Annan challenged world business leaders to "embrace and enact" the Global Compact, both in their individual corporate practices and by supporting appropriate public policies. The Global Compact's operational phase was launched at UN Headquarters in New York on 26 July 2000.

MGI Group is proud to support the ten principles of the United Nations Global Compact.

"...let's choose to unite the powers of markets with the authority of universal ideals. Let us chose to reconcile the creative forces of private entrepreneurship with the needs of the disadvantaged and the requirements of the future generations..." Kofi Annan, Secretary General, United Nations

THE TEN PRINCIPLES:

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 STANDARDS

• Principle3: 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 all forms of corruption, including extortion and bribery.