France-based Manitou has become a member of the United Nations Global Compact, the largest voluntary global citizenship initiative for companies.
As a member of the Global Compact, every year the Manitou Group commits to reporting the actions it has taken and the results it has obtained relating to the implementation of the Compact's 10 principles, which are:
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.
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 group's president & CEO, Michel Denis staid: "We are convinced that sustainable growth and responsibility are inseparable, and that the 10 principles of the Global Compact represent a great base for the Manitou Group to grow in this regard. This membership strengthens our commitment to integrating these principles into our strategy, our culture, our operations and the interactions with our stakeholders".
Initiated by UN Secretary General Kofi Annan, 8000 companies from 145 countries have signed the Global Compact, making it the largest global voluntary initiative in the field of corporate social responsibility. The objective of this initiative that is backed by multiple stakeholders is to integrate the 10 universally recognized principles into the companies' strategies and activities. These principles relate to human rights, work conditions, the environment and fighting corruption.