PARTICIPATION IN THE GLOBAL COMPACT 3.5

The United Nations Global Compact is the world’s largest strategic corporate citizenship initiative.

It was proposed by former UN Secretary-General Kofi Annan to promote a global economy that respects human and labour rights, protects the environment and fights corruption. A cooperative approach to address the most critical aspects of globalisation, involving the business world in order to align their objectives with those of the international community. To date, almost 22,000 organisations from more than 160 countries have joined the Global Compact with the aim of creating a new reality of global collaboration.

Gruppo Mastrotto joined the Global Compact in September 2022, convinced that sustainable, balanced and inclusive development requires an economy based on solid ethical foundations, respectful of human dignity and the environment. This commitment runs along a path that began with the publication:

• of the company’s code of ethics, renewed in 2021 to meet the changing expectations of stakeholders in the face of an increasingly complex and difficult-to-decipher global context

• of the code of conduct for suppliers, drawn up in 2021, the first step to involve the supply chain in a path that is increasingly attentive to environmental, social and ethical aspects.

Joining the Global Compact entails a concrete commitment to share, support and apply ten fundamental principles in its action:

Human Rights

1. Promote and respect universally recognised human rights within their respective spheres of influence

2. Ensure that they are not, albeit indirectly, complicit in human rights abuses

WORK

3. Supporting workers’ freedom of association and recognising the right to collective bargaining

4. Eliminate all forms of forced and compulsory labour

5. Effectively eliminating child labour

6. Eliminate all forms of discrimination in employment and occupation

ENVIRONMENT

7. Support a preventive approach to environmental challenges

8. Initiatives that promote greater environmental responsibility

9. Encourage the development and diffusion of environmentally friendly technologies

FIGHT AGAINST CORRUPTION

10. Commit to fighting corruption in all its forms