UN Global Compact
Develco follows the 10 principles issued by UN Global Compact, which is a global initiative established in 1999. At the same time, Develco requires all subcontractors to live up to the 10 principles issued by UN Global Compact. The purpose of UN Global Compact is to involve private companies in solving the social and environmental challenges which the global world is facing. UN Global Compact is the world’s largest voluntary network for companies wishing to be involved in Corporate Social Responsibility (CSR).
Communication on Progress
As a member of UN Global Compact, Develco once a year publishes a status report called Communication on Progress (COP). The status report contains a description of Develco’s actions to improve the conditions described in the 10 principles of UN Global Compact.
The 10 Principles
UN Global Compact has 10 basic principles of how a company can work with human rights, labor rights, environment and anti-corruption. Develco uses the principles as guidelines to handle social and environmental challenges.
Develco develops energy-saving products and solutions with low power consumption and minimal standby consumption for the benefit of the environment. We work with procedures for waste disposal and for increased recycling of products. In general, we are an environmentally conscious company and work to reduce our environmental impact and resource consumption as much as possible. Our environmental awareness is reflected in the daily operations of the company and our choice of suppliers and co-operation partners.