Amarenco is a signatory to the Global Compact since 2022. In 2024, Amarenco published its first Communication on Progress, on year 2023, according to the UNGP framework. It is publicly available on the UNGC website UNGC COP Viewer.
The UN Global Compact is a voluntary corporate sustainability framework globally recognised. It is based on Ten Universal Principles covering human rights, labor, environment, and anti-corruption, guiding businesses towards greater corporate citizenship and positive contributions to sustainable development.
Through these principles, it serves as a critical bridge between business strategy and the ambitious Sustainable Development Goals (SDGs).
1. Do business responsibly by aligning their strategies and operations with Ten Principles
Human Rights
Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that they are not complicit in human rights abuses.
Labour
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; and
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; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies.
Anti-Corruption
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.
2. Take strategic actions to advance broader societal goals, such as the UN Sustainable Development Goals, with an amphasis on collaboration and innovation.