UN Initiative for social responsibility in pvt sector launched
The UN Global Compact, a voluntary initiative for social responsibilities in private enterprise involving 3,600 companies, has been launched in Israel.
The Compact pledges participating businesses from over 100 countries -to observe principles regarding human rights, labour rights, environmental sustainability and the fight against corruption.
The launch took place in Israel yesterday in a ceremony hosted by Foreign Minister Tzipi Livni, the world body said, adding that leading Israeli businesses are expected to join the initiative in the weeks ahead.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.