Forwood Supports UN Global Compact
Forwood CEO Statement
8 December 2022
H.E. António Guterres
Secretary-General
United Nations
New York, NY 10017
USA
Dear Secretary-General,
This is a signed statement expressing and demonstrating our continued support for the UN Global Compact and to acknowledge our renewal of the ongoing commitment to the initiative and its principles.
I can confirm that the UN Global Compact and its principles have become an integral part of our business strategy, day-to-day operations and organizational culture.
Forwood Enterprises Pty Ltd understands that this commits our organization to meet fundamental responsibilities in four key areas, those being human rights, labour, environment, and anti-corruption. All of which already are essential to our Business and core values.
Sincerely yours,
Steve Wood
Chief Executive Officer
Forwood Enterprises Pty Ltd
The Ten Principles of the UN Global Compact
Forwood is a signatory to the UNGC, the world’s largest corporate sustainability initiative with more than 15,000 signatories in over 160 countries. The UNGC is an initiative that encourages companies and organizations worldwide to adopt sustainable and socially responsible policies. Participation in the UNGC is voluntary and those entities that sign it pledge to uphold and promote the principles and report on their progress once they apply them in their management.
Forwood formally adopted the ten fundamental UNGC principles in the fields of human rights, labour, environment, and anti-corruption and made the UNGC and its principles an integral part of our strategy, culture, and day-to-day operations.
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
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.
Environment
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.
Anti-Corruption
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.