We commit to making the UN Global Compact and its Principles an integral part of our business strategy, day-to-day operations, and organizational culture.
Joining the UN Global Compact reaffirms our existing commitments to positive change in the communities we operate to create the world we want. We are excited to join a global movement of sustainable companies and stakeholders, all working together to address the most pressing challenges facing people and the planet.
Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world, with more than 9,500 companies and 3,000 non-business signatories based in over 160 countries. After many years of industry leadership in creating sustainable business practices in the jewelry industry, Signet Jewelers joined the UN Global Compact in March 2021.
THE TEN PRINCIPLES OF THE UNITED NATIONS GLOBAL COMPACT
As a participant signatory, Signet and its brands affirm our long-standing commitment to responsible, ethical business practices and upholding the Ten Principals of the UN Global Compact on human rights, labor, environment, and anti-corruption.
These Ten Principles guide business policy and structure and serve as the foundation for advancing the United Nations Sustainable Development Goals (SDGs). There are numerous connections between the UN Global Compact Ten Principles and the impact that these can make towards achieving the 17 SDGs.
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.