UN Global Compact

Klappir is a participant in the UN Global Compact, which is the United Nations' incentive for corporate social responsibility for human rights, the labour market, the environment and action against all forms of corruption. Klappir has been a participant to the UN Global Compact since 2017.

By participating, Klappir commits itself to policies and practices that are consistent with the ten principles of the United Nations on human rights, employment, the environment and anti-corruption. Klappir also undertakes to participate in projects that support the United Nations Sustainable Development Goals and to publish the company's corporate social responsibility in accordance with the criteria of the UN Global Compact.

In the UN Global Compact database you can read Klappir and other companies' progress reports

• Klappir Progress Reports at UNGC
  
• UN Global Compact Database

The UN Global Compact was established in 2000 and is an international declaration that companies and institutions can use as a guide in implementing responsible practices. By participating, companies or organizations commit to working towards the ten fundamental principles of the United Nations, which concern social responsibility and support the main objectives of the United Nations.

Participants in the Global Compact submit an annual report (Communication on Progress) explaining how the basic principles of the Global Compact are implemented in their company/organizational structure. The companies participating in the Global Compact link their activities to the United Nations' global goals and list the goals they emphasize in their activities in the Global Compact's open database.

Corporate sustainability starts with a company’s value system and a principles-based approach to doing business. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption. Responsible businesses 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 UN Global Compact into strategies, policies and procedures, and establishing a culture of integrity, companies are not only upholding their basic responsibilities to people and planet, but also setting the stage for long-term success.

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.

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; and
• 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; and
• 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.

Corporate social responsibility is the efforts of companies to promote the well-being of society, employees, customers and other stakeholders as well as the environment in day-to-day operations and beyond their legal obligations.

Corporate Social responsibility is an important issue that companies need to consider. There is an increasing demand for companies to demonstrate responsible practices and contribute to improved welfare of society and the environment in day-to-day operations.

Companies, institutions and municipalities around the world have implemented corporate social responsibility policies through international standards such as the Global Compact.

Sources: UNA Iceland, United Nations Global Compact