The United Nations Global Compact

The United Nations Global Compact

The United Nations Global Compact (UNGC) is a set of 10 universal principles for corporate operating strategies and policies, including areas of human rights, labor, the environment and anti-corruption. Everest has become a member of the UNGC since July 2024.

<The 10 principles of the UN Global Compact>

The UN Global Compact consists of 10 principles in the four areas of human rights, labor, the environment, and anti-corruption with which companies should rigorously comply.

  1. Human Rights
    Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
    Principle 2: make sure that they are not complicit in human rights abuses.
  2. Labor
    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 labor;
    Principle 5: the effective abolition of child labor; and
    Principle 6: the elimination of discrimination in respect of employment and occupation.
  3. Environment
    Principle 7: Businesses should support a precautionary approach to environmental challenges;
    Principle 8: undertake initiatives to promote greater environmental responsibility; and
    Principle 9: encourage the development and diffusion of environmentally friendly technologies.
  4. Anti-Corruption
    Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.