Governance

Global Compact

signatory since 2022

Ethics at Amarenco

Amarenco is a signatory to the Global Compact since 2022. In 2024, Amarenco published its first Communication on Progress, on year 2023, according to the UNGP framework. Since then, Amarenco has published its Communication on Progress annually, available on the UNGC COP Viewer website.

The UN Global Compact is a voluntary corporate sustainability framework globally recognised. It is based on Ten Universal Principles covering human rights, labor, environment, and anti-corruption, guiding businesses towards greater corporate citizenship and positive contributions to sustainable development.

Through these principles, it serves as a critical bridge between business strategy
and the ambitious Sustainable Development Goals (SDGs).

1. Do business responsibly by aligning their strategies and operations with Ten Principles

Human Rights

Principle 1: Promote and respect the protection of international human rights law;

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

Labour

Principle 3: Respect the freedom of association and recognise the right to collective bargaining;

Principle 4: Contribute to the elimination of all forms of forced and compulsory labour;

Principle 5: Contribute to the effective abolition of child labour;

Principle 6: Contribute to the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: Apply the 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: Act against corruption in all its forms, including extortion and bribery.

2. Take strategic actions to advance broader societal goals, such as the UN Sustainable Development Goals, with an amphasis on collaboration and innovation.

Governance
human rights
labour
environment
anti-corruption