United Nations Global Compact Commitment
NeuRizer Ltd (the Company) has officially qualified as a signatory to the United Nations Global Compact after demonstrating and fulfilling the eligibility criteria for human rights, labour, environment and anti-corruption required for businesses to partake in the world’s largest corporate sustainability initiative.
The United Nations Global Compact is the world’s largest corporate sustainability initiative with over 12,000 members in over 160 countries that are committed to building a sustainable future. As the principal sustainability initiative in Australia, the UN Global Compact brings together participants of the UN Global Compact, including several of Australia’s leading companies, to advance responsible business and the private sector’s contribution to sustainable development.
The Company’s participation in the Compact strongly aligns with the Company’s operating principles and supports the Environmental, Social and Governance (ESG) strategy to create enduring value for all of its stakeholders.
The Company holds a key responsibility in addressing environmental, social and governance issues facing Australia head on. Our values – Professionalism, Teamwork, Integrity, Loyalty and Courage – seek to align themselves with the Compact’s ten guiding principles and is reflected in our code of conduct, key policies and methods of work.
The Ten Principles of the Compact 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; and
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; and
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.
ESG is a key component of our culture that supports our business plans to develop long-term sustainable success, a legacy we are working to bring to our community.
For more information, visit the United Nations Global Compact