GLORY LTD. have participated in the United Nations Global Compact (UNGC) since March 2014.
The UNGC is an international initiative to encourage society to make sustainable development. It includes ten principals in the four areas: human rights, labour, environment and anti-corruption.
At the GLORY Group, we have promoted various activities based on our concept that implementation of our Corporate Philosophy itself is the CSR of GLORY. We revised our Corporate Action Guidelines in 2013 to express our stance for promoting our CSR activities. We also understand that the concept of our Corporate Action Guidelines and that of the UNGC shares the common value, and accordingly we decided to sign on to the UNGC.
Also, taking the opportunity of our participating in the UNGC, we will pursue to realize our Corporate Philosophy through implementing various activities based on our Corporate Action Guidelines, and will also take initiatives to fulfil our responsibilities as a corporate citizen by promoting activities related with various global issues.
What is the UN Global Compact?
“ The Global Compact asks companies to embrace universal principles and to partner with the United Nations. It has grown to become a critical platform for the UN to engage effectively with enlightened global business.” – UN Secretary-General Ban Ki-moon
The Global Compact was announced by the then UN Secretary-General Kofi Annan in an address to The World Economic Forum held in Switzerland in 1999, and was officially launched at UN Headquarters in New York in 2000.
More than 10,000 participants spread across 145 countries have adopted this established and globally recognized policy framework for the development, implementation, and disclosure of environmental, social and governance policies and practices.
As a participating company, Glory LTD. and its subsidiaries commit to embrace, support and enact, within their sphere of influence, a set of core values in the areas of human rights, labour standards, the environment and anti-corruption:
For more information please see the UNGC Frequently Asked Questions.