Peace, Justice, and Strong Institutions
Peace, justice, and sustainability depend on each other – without peace and justice there can be no sustainable development, without sustainable development, there can be no peace or justice. Strong accountable institutions are a guarantor for peace and justice. Bribery and cor-ruption not only undermine the rule of law and human rights, they hamper economic growth, prevent investments in education and health, impede the creation of jobs and, ultimately, lead to social injustice.
Consequently, it must be the well understood self-interest of companies to support stability, social balance, and functioning institutions. The UN Global Compact, which was announced by former Secretary-General Kofi Annan, is an initiative that encourages businesses world-wide to adopt sustainable and socially responsible policies and pursues the vision of an inclu-sive, sustainable global economy that benefits all humankind. International companies that acknowledge the Global Compact can do a lot by imposing obligations and standards of con-duct that apply throughout the world.
The United Nations Human Rights Council has recognized the importance of commercial enterprises for human rights and in its resolution 17/4 of June 16, 2011 adopted the “UN Guid-ing Principles on Business and Human Rights”.
Evonik takes its own business responsibility very seriously and has many internal regulations, such as the Code of Conduct, the Global Social Policy, and Values for the Environment, Health, Safety, and Quality. These Group-wide principles make Evonik a reliable business partner in international economic transactions. The Global Social Policy is based on the UN’s Universal Declaration of Human Rights, the relevant conventions of the International Labor Organization ILO, and the OECD guidelines for multinational companies.
In summer 2016, the Executive Board adopted a Policy Statement on Human Rights. The subject of human rights was also included in the updated Code of Conduct, which came into force in early 2017.
Evonik is also a member of the UN Global Compact and has agreed to observe and support the ten principles defined there in relation to human rights, labor standards, environmental protection, and combating corruption.
Evonik expects that its suppliers share these principles as regards corporate responsibility. We have defined corresponding requirements in our Code of Conduct for Suppliers. Evonik is also a founding member of the Together for Sustainability initiative. This pursues the goal of improving sustainability in the chemical industry supply chain.
As a signatory to the Responsible-Care® Global Charter of the chemical industry, Evonik is obligated to continuously improve its performance in health and environmental protection, product stewardship, and safety.