Browse > Home / Aeronautics News / TAM Formalizes Adherence to Global Compact

TAM Formalizes Adherence to Global Compact

Written by thomas · Filed Under Aeronautics News 

June 25, 2008

thomas

Company is the first airline in South America to become a member of this
United Nations (UN) initiative

SAO PAULO, Brazil, June 25 /PRNewswire-FirstCall/ — TAM (Bovespa:
TAMM4; NYSE: TAM) has formalized its adherence to the Global Compact, an
initiative developed by the United Nations (UN). Launched in 1999 during
the World Economic Forum at Davos, the Global Compact aims at mobilizing
the international business community to adopt fundamental, internationally
accepted values in the areas of human rights, labor relations, the
environment and the fight against corruption in its business practices.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO )

The letter of adherence was sent by TAM President, Captain David
Barioni Neto, to the Secretary General of the UN, Ban Ki-moon. In the
letter, TAM commits to the inclusion of the ten principles of the Global
Compact in its strategy, culture and daily operations, in addition to
making an effort to publicly disseminate this commitment among its
employees, partners, customers and the general public.

In doing this, on May 15th TAM became the first airline in South
America to appear on the list of companies that are signatories of the
Global Compact (http://www.unglobalcompact.org). “This initiative
strengthens TAM’s commitment to sustainable development and to principles
to ensure the ethical management of the company,” Barioni stated.

The Global Compact consists of ten universal principles, derived from
the Universal Declaration of Human Rights, the Declaration of the
International Labor Organization on Fundamental Principles and Rights at
Work, the Rio Declaration on Environment and Development, and the United
Nations Convention on Corruption. As of today, the initiative has more than
5,200 participants in 120 countries.

The ten principles of the Global Compact are:

Principles of Human Rights
1. To respect and protect human rights;
2. To prevent violations of human rights;

Principles of Labor Rights
3. To support freedom of association at work;
4. To abolish forced labor;
5. To abolish child labor;
6. To eliminate discrimination in employment;

Principles of Environmental Protection
7. To support a preventive approach to environmental challenges;
8. To promote environmental responsibility;
9. To encourage technologies that does not harm the environment;

Principle against Corruption
10. To combat corruption in all its forms, including extortion and
bribery.

» Próximo Post - Raytheon Solipsys Releases 3-D Visualization Tool
« Post Aneterior - Spirit Airlines Announces New Daily Service Between Fort Lauderdale and Bogota, Colombia Starting July 24, 2008

Comments

¿Tiene algo que decir?

You must be logged in to post a comment.