To enhance its capacity to create, manage and maintain its sustainable values over time, in August 2019 Prometeon Tyre Group joined the United Nations Global Compact, which counts 10,435 companies in 166 countries conceived to inspire advanced and innovative sustainability good practices for the business community. According to its corporate social responsibility, Prometeon Tyre Group is inspired by the 17 Sustainable Development Goals (SDGs) of the United Nations. The 17 Goals are all interconnected and it is important that companies all over the world work to achieve them by 2030. By incorporating the Ten Principles of the United Nations Global Compact into policies, strategies, procedures, culture of integrity and good practices in the company, Prometeon Tyre Group is not only upholding its responsibilities towards people and planet, but also setting the stage to achieve the SDGs by 2030
Corporate sustainability is pursued thanks to a value system and a principles-based approach of doing business which imply to adopt operating standards that meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption. Responsible companies enact the same values and principles wherever they have a presence and know that good practices in one area do not offset harm in another.
By incorporating the Ten Principles of the United Nations Global Compact into policies, strategies, procedures, culture of integrity and good practices in the company, Prometeon Tyre Group is not only upholding its basic responsibilities towards people and planet, but also setting the stage to achieve the SDGs within 2030.
Since the beginning, the United Nations Global Compact has proposed a series of initiatives to provide support and define strategies and partnerships to pursue the Sustainable Development Goals (SDGs) launched in September 2015 in New York to accompany the activities of sustainable enterprises until 2030.
The present Report on Value Chain 2019 reflects the integrated Sustainability model adopted by Prometeon Tyre Group in 2019 and drafted following the Ten Principles of the United Nations Global Compact (hereinafter “UNGC”).
The Ten Principles of the UNGC are the following:
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
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
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
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery
The 10 principles are inspired by the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, the United Nations Convention against Corruption.
The Sustainable Development Goals are global challenges that companies have to face to achieve a better and more sustainable future
Committing itself in pursuing the 17 Sustainable Development Goals, Prometeon Tyre Group creates the perfect correlation with the 10 Principles of the United Nations Global Compact to which it subscribes