Support the United Nations (UN) Global Compact
On May 9, 2006, NYK announced its endorsement and support for the United Nations (UN) Global Compact (“GC” hereinafter). NYK was the 43rd Japanese organizations participated in the Global Compact, including a number of local governments. In January 2009, we announced our support for the Caring for Climate initiative on climate change and became a signatory to the document. The philosophy advocated by the GC is in harmony with the philosophy and orientation of the NYK Group as a global logistics services company.
As we seek to evolve into a more global company, the NYK Group will develop and implement international CSR guidelines that meet the standards of the world community based on the GC initiatives and will act in ways that help to achieve sustainable growth for society as a whole.
To ensure integrity, the UN requires participating organizations to mandates, reporting on detailed activities and results in their efforts to achieve the GC's ten principles every year. NYK has submitted it since 2006, primarily covering the information contained in the NYK report, and we have been selected as a GC Advanced COP
United Nations (UN) Global Compact
The Global Compact was first proposed by United Nations Secretary-General Kofi Annan in 1999 and formally organized the next year, in July 2000. Companies from around the world may participate by supporting and acting on the Compact's ten principles in the four areas of human rights, labour, environment, and anti-corruption. The objective is to achieve sustainable growth for society by having companies that endorse and support the Global Compact voluntarily behave as good citizens.
NYK Group's basic corporate philosophy is to contribute to the betterment of societies throughout the world through safe and dependable monohakobi (transport). Based on this philosophy, NYK practices the ten principles of the United Nations (UN) Global Compact in all aspects of its business, serving the international community as a good corporate citizen.
The Ten Principles of the United Nations Global Compact
- 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 Standards
- 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.
- 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.
- Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.