Japanese gas giants Nippon Sanso Holdings Corporation (NSHD) and Nippon Gases have signed the UN Global Compact (UNGC) – a voluntary effort by companies and organisations to pursue a ‘more sustainable’ society.
The UNGC requires all participants to adhere to four ‘areas’ that contribute to a sustainable society.
These areas are stated as: human rights, labour, environment, and anti-corruption and are underlined by a total of ten principles.
The principles include:
- Ensuring that businesses ‘support and respect’ the protection of human rights and make sure they they are themselves not complicit in abuses of human rights
- Upholding freedom of association and the effection recognition of the right to collective bargaining and the abolition of child labour and all forms of forced labour, in addition to eliminating workplace discrimination.
- Environmental initiatives, focused on promoting greater environmental responsibility and developing environmentally friendly technologies.
- Working against corruption ‘in all its forms’, including extortion and bribery.
Commenting on the UNGC, a Nippon Gases representative said, “We aim to create social value through innovative gas solutions that increase industrial productivity, enhance human well-being and contribute to a more sustainable future.”
The full list of UNGC principles can be accessed here.