Page 22 - Pakistan Oilfield Limited - Annual Report 2022
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PAKISTAN OILFIELDS LIMITED
Global Compact
The oil and gas Human Rights
value chain starts Principle 1: Businesses should support and respect the protection of
internationally proclaimed human rights; and
from discovering Principle 2: make sure that they are not complicit in human rights abuses.
fields and ends with
providing products to Labour Standards
end consumers. The Principle 3: Businesses should uphold the freedom of association and the
effective recognition of the right to collective bargaining;
different stages include Principle 4: the elimination of all forms of forced and compulsory labor;
exploration, drilling, Principle 5: the effective abolition of child labor; and
production, storage, Principle 6: the elimination of discrimination in respect of employment and
processing/refining and occupation.
marketing. 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 all forms of corruption,
including extortion and bribery.
