Page 22 - Pakistan Oilfields Limited - Annual Report 2021
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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