Page 22 - Pakistan Oilfields Limited - Annual Report 2021
P. 22

GLOBAL COMPACT







             Through the power of collective action, Global Compact seeks to advance

             responsible corporate citizenship so that business can be part of the solution
             to the challenges of globalization. Today, hundreds of companies from all

             regions of the world, international labour and civil organizations are engaged

             in Global Compact.














                              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
                                                                  STANDARDS

                                                                  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 labor;
                              ENVIRONMENT                         Principle 5:   the effective abolition of
                                                                  child labor; and
                              Principle 7:   Businesses should    Principle 6:   the elimination of
                              support a precautionary approach to   discrimination in respect of
                              environmental challenges;           employment and occupation.
                              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 all forms of corruption,
                                                                  including extortion and bribery.














       20    PAKISTAN OILFIELDS LIMITED
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