RYA reaffirms its commitment to the UN Global Compact!

What is the UN Global Compact and its ten principles?
 

Various images for April 2021 issue of In the Same Boat staff newsletter

The RYA has just submitted its annual report of ‘Communication on Progress’ (COP) to the United Nations Global Compact. The Report reaffirms the RYA’s support of the Ten Principles of the United Nations Global Compact with respect to human rights, labour, environment, and anti-corruption.

The COP is a mandatory document required of all organisations that participate in the UNGC, the report is aimed at ensuring transparency and strengthening relationships between organisations and their stakeholders.

This is the second COP that the RYA has completed, and this year’s report focusses on the practical actions that have been taken over the past year to amalgamate the Global Compact and its principles into daily operations. The Report also looks towards the future, outlining the ambitions of the RYA to ensure that significant progress in respect of the Ten Principles of the UNGC continues. 

What is the UN Global Compact?

The UNGC is the world’s largest corporate sustainability initiative launched by the United Nations to activate companies and stakeholders into working together to create a sustainable future. The RYA joined the UNGC in 2019 as a signatory participant.

To make this happen, the UN Global Compact supports companies to:

  1. Do business responsibly by aligning their strategies and operations with Ten Principles on human rights, labour, environment and anti-corruption; and
  2. Take strategic actions to advance broader societal goals, such as the UN Sustainable Development Goals, with an emphasis on collaboration and innovation.

You can learn more about the Global Compact on the United Nations Global Compact website.

The Ten Principles:

The Ten Principles of the United Nations Global Compact are derived from: the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption.

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights

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

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

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

You can find out more here.

The Sustainable Development Goals:

The SDGs, also known as the Global Goals, provide a powerful aspiration for improving our world – laying out where we collectively need to know or how to get there. The 17 goals, shown below, each outline specific objectives in each area, to be achieved by 2030.

You can find out more here.

If you have any questions or want to know more please contact Sustainability Officer, Olivia Wells.