By joining the United Nations Global Compact, ARANIA is underlining the company’s commitment to responsible business practices, the guidelines set to steer the future of the steel industry.
We can describe the Global Compact as an abridged version of the Charter of the UN, applied to the business context.
The Global Compact calls on companies around the world to align their operations and strategies with ten universally recognised principles focusing on human rights, labour, environment protection and anti-corruption.
Moreover, the Global Compact also calls for action towards supporting the goals and issues raised by the UN in its Sustainable Development Goals, such as the long-term strategies for the decarbonization of the steel industry that are currently driving Arania’s operations, including new dynamics for more sustainable logistics, the surge in green steel production and the Living Sustainability plan , which is guiding the global activities of the Arania Group from 2023 onwards.
Corporate sustainability starts with a company’s value system and a principles-based approach to doing business. By incorporating the UN Global Compact’s Ten Principles into its objectives, Arania reflects the ongoing commitment towards corporate global responsibility in support of broader social goals.
- Businesses should support and respect the protection of internationally proclaimed human rights.
- Corporate activities are now global, and so is their influence. Companies must make sure that they are not complicit in human rights abuses.
- Uphold the freedom of association and the effective recognition of the right to collective bargaining.
- Support the elimination of all forms of forced and compulsory labour.
- Effective abolition of child labour.
- Elimination of discrimination in respect of employment and occupation.
- Implementation of a precautionary approach to environmental challenges.
- Companies should drive initiatives to promote greater environmental responsibility.
- Therefore, the UN Global Compact aims to stimulate the development and deployment of green technologies.
- Businesses should work against corruption in all its forms
Under the umbrella of this initiative, Arania will be able to access quality training programs covering different key issues, in order to maximise the involvement of the whole staff towards the objectives set, while taking advantage of the best examples of success through cross-company communication and best-practice benchmarking.
Consequently, Arania joins a community of business leaders focused on fostering innovation and promoting public-private partnerships for sustainable development, thus helping to boost the company’s visibility and the impact of its actions, supported by the UN brand as a differentiating element.