UNITED NATIONS GLOBAL COMPACT TEN PRINCIPLES OF THE UN GLOBAL COMPACT

As a special initiative of the UN Secretary-General, the United Nations Global Compact is a call to companies everywhere to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anticorruption, and to take action in support of UN goals

SMI is committed to making the U.N. Global Compact and the Ten Principles part of its strategy, culture, and day-to-day operations, and to engage in collaborative projects that advance the broader development goals of the United Nations, particularly the Sustainable Development Goals (SDGs).

The company recognizes a key requirement for participation in the U.N. Global Compact is an annual submission of a Communication on Progress (CoP). SMI supports public accountability and transparency and commits to reporting annually on company progress. This report is intended to serve as SMI’s CoP.

Icon image credit: U.N. Global Compact Guide to Corporate Sustainability

Human Rights

Principle 1: Support and respect the protection of internationally proclaimed human rights.

Principle 2: Ensure that business practices are not complicit in human rights abuses.

Environment

Principle 7: Adopt a precautionary approach to environmental challenges.

Principle 8: Conduct environmentally responsible activities.

LABOR

Principle 3: Uphold the freedom of association and the effective recognition of the right to collective bargaining.

Principle 4: Eliminate all forms of forced and compulsory labor.

Principle 5: Abolish child labor.

Principle 6: Eliminate discrimination in employment and occupation.

Principle 9: Encourage the development and diffusion of environmentally friendly technologies.

ANTI-CORRUPTION

Principle 10: Fight corruption in all its forms including extortion and bribery