Kyiv, 23 November, 2006. The Global Compact Ukraine Network meeting was conducted today to welcome 13 new member-companies including Ukrsotsbank, XXI Investment, Volia, Ericsson, NIKO Corporation, Ukrainian Employers Association, Kyivsky Zavod Vuglekysloty, Institute of Oil Transportation, Dolya Dytyny, Youth CAN, Centre for Corporate Citizenship, Successful Ukraine Association and Union of Enterpreneurs of Small, Middle-Sized and Privatized Enterprises of Ukraine b_97_64_16777215_00_images_content_news_813.jpg Kyiv, 23 November, 2006. The Global Compact Ukraine Network meeting was conducted today to welcome 13 new member-companies including Ukrsotsbank, XXI Investment, Volia, Ericsson, NIKO Corporation, Ukrainian Employers Association, Kyivsky Zavod Vuglekysloty, Institute of Oil Transportation, Dolya Dytyny, Youth CAN, Centre for Corporate Citizenship, Successful Ukraine Association and Union of Enterpreneurs of Small, Middle-Sized and Privatized Enterprises of Ukraine
b_180_0_16777215_00_images_content_news_813.jpg

Kyiv, 23 November, 2006. The Global Compact Ukraine Network meeting was conducted today to welcome 13 new member-companies including Ukrsotsbank, XXI Investment, Volia, Ericsson, NIKO Corporation, Ukrainian Employers Association, Kyivsky Zavod Vuglekysloty, Institute of Oil Transportation, Dolya Dytyny, Youth CAN, Centre for Corporate Citizenship, Successful Ukraine Association and Union of Enterpreneurs of Small, Middle-Sized and Privatized Enterprises of Ukraine.

Opening the meeting, UN Resident Coordinator Mr. Francis O’Donnell congratulated the new members and stated, “The growing number of Global Compact members shows important trend in the Ukrainian business community giving impetus for further promotion and even more widespread practicing of corporate social responsibility in Ukraine”. He also emphasized that the Country Network in Ukraine should be a group of believers convinced that adherence to the principles of the Global Compact playing a crucial role in the national development process and in ensuring sustainable economic development.

Photoreport from the meeting of the Global Compact Network in Ukraine is availabel here.

Global Compact initiative was successfully launched in Ukraine in April 2006 with the support of leading Ukrainian and multinational companies and senior representatives of Government. Following on from the launch, the total number of GC members has reached 47. Currently the Global Compact Ukraine having as its members 26 multinational and large Ukrainian companies, 10 business associations, 2 federation of employers and trade unions, 3 small and medium enterprises and 6 non-governmental organizations and other organizations are joining. The mission of the GC network Ukraine is to promote corporate social responsibility (CSR) initiatives in Ukraine in line with the 10 Global Compact principles in four key areas of action - human rights and labour standards, environmental sustainability and anti-corruption.

For further information, please contact: Ms. Birdie Knightly, Global Compact Focal Point, at tel: 8044-253-9363, e-mail: birdie.knightly@un.org.ua, Web-site: http://www.unglobalcompact.org.

*****

In 1999, the UN Secretary General Kofi ANNAN has launched the Global Compact with two main objectives: (i) to make its 10 principles on human rights, labour, corruption and the environment part of business strategy and operations around the world and (ii) to facilitate the development of partnerships between the private sector and the Governments, UN agencies, civil society to address the most topical challenges of today’s world. These 10 principles are:

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 Standards

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 all forms of corruption, including extortion and bribery.