On 20th of July 2005, ΑKRITAS with its official document to the United Nations Organization (UN) subscribed, adopted and committed to faithfully implement the Global Compact for Corporate Social Responsibility. The UN Global Compact is an initiative of the UN Secretary General. Mr. Kofi Annan, which was first introduced and discussed at the Davos International Economic Forum in 1999.
With this move, which is intertwined with its corporate philosophy from its foundation until today, AKRITAS is committed to incorporating the principles of the Global Compact in its daily operations and to undertake initiatives that will contribute to the development of the society in which it operates.
AKRITAS is the third Greek company in a row to sign and commit to the UN Global Compact on Corporate Social Responsibility, after “TITAN S.A.” and the “COMMERCIAL BANK”.
Companies participating in the United Nations Global Compact submit an annual Communication on Progress (CoP), which is the core of their commitment to the Global Compact, as well as the primary mechanism through which they highlight their progress in relation to the Ten Principles and the 17 Sustainable Development Goals (SDGs).
The CoP is a means of communicating progress on sustainable development to stakeholders with the aim of: strengthening accountability on corporate sustainable development, which contributes to ensuring the integrity of the UN Global Compact.
The following link presents all the annual reports (CoP) of AKRITAS.
https://unglobalcompact.org/what-is-gc/participants/403-Akritas-S-A-
The Ten Principles of the United Nations Global Compact are:
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.