ZEITLOS Compliance
Global Compact by United Nations
ZEITLOS endorses both the Global Compact and the Universal Declaration of Human Rights. Global Compact is an international voluntary initiative instituted by the United Nations to realize the vision of having a more sustainable and inclusive global economy. Both the private and public sectors are encouraged to work together to identify and implement solutions to the challenges of globalization.
ZEITLOS has participated in the Global Compact since June 2010. As a participating company, ZEITLOS not only commits to the defined Ten Principles on human rights, labor, environment and anti-corruption, but also communicates its progress accountably and transparently via its annual Sustainability Report.
ZEITLOS is also a signatory to the Caring for Climate initiative as well as the Seal the Deal campaign driven by Global Compact.
Furthermore, ZEITLOS adheres to the following charters and guidelines:
· OECD Guidelines for Multinational Enterprises
· ILO Declaration concerning multinational companies
Business Charter for Sustainable Development by ICC
More than 20 years ago, International Chamber of Commerce (ICC) developed Business Charter for Sustainable Development. The objective is to urge business organizations and enterprises for actions in combating increasing scarcity of natural resources and deterioration of environment.
16 principles for environmental management were defined. By endorsing the ICC Charter, companies are required to apply the principles.
For information on 16 Principles of the Business Charter by ICC