United Insurance Company
- Participant
- Published
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- 18-Mar-2012
- Time period
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- January 2011 – December 2011
- Format
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- Stand alone document – Basic COP Template
- Differentiation Level
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- This COP qualifies for the Global Compact Active level
- Self-assessment
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- Includes a CEO statement of continued support for the UN Global Compact and its ten principles
- Description of actions or relevant policies related to Human Rights
- Description of actions or relevant policies related to Labour
- Description of actions or relevant policies related to Environment
- Description of actions or relevant policies related to Anti-Corruption
- Includes a measurement of outcomes
- Statement of continued support by the Chief Executive Officer
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Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.
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18/03/2012
To our stakeholders:
I am pleased to confirm that United Insurance Company reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.
In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to share this information with our stakeholders using our primary channels of communication.
Sincerely yours,
Hazem Dwik
General Manager
- Human Rights
- Assessment, policy and goals
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Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.
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The company has internal policy which comply with international Human rights policy and prevent human rights abuse.
- Implementation
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Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.
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Internal policy contain Human recourse procedures which supports Human Rights.
Training in Human Rights is arranged for employees.
- Measurement of outcomes
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Description of how the company monitors and evaluates performance.
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No Human Rights abuse was reported, the company however makes sure of respecting Human Rights.
- Labour
- Assessment, policy and goals
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Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.
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The company has internal policy which uphold the freedom of association and collective bargaining and elimination of forced labour, child labour and employment discrimination.
- Implementation
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Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.
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A written policy that already state employee rights and responsibilities, is placed onbulletin board and sent by email.
The human recourse section of the internal policy supports the labour rights principles.
- Measurement of outcomes
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Description of how the company monitors and evaluates performance.
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All companies will retreated immediately in high priority and in accordance to labour law.
- Environment
- Assessment, policy and goals
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Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.
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The company undertakes to do necessary actions to reduce the negative impact on the environment.
- Implementation
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Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.
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Raise awareness among employees concerning environmental protection actions.
Activities aimed to improve the energy efficiency of products, services and process.
- Measurement of outcomes
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Description of how the company monitors and evaluates environmental performance.
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Monitoring usage of energy (electricity and fuel) in the company and taking actions to reduce it and preventing any wasting.
Recycling papers.
Using papers of sustainable forest fiber.
Save energy.
- Anti-Corruption
- Assessment, policy and goals
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Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.
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assessment of risk of corruption and bribery in the company’s operation.
- Implementation
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Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.
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Training employees on anti-corruption and extortion.
Allocating responsibilities to stop corruption wherever found.
- Measurement of outcomes
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Description of how the company monitors and evaluates anti-corruption performance.
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Internal audits to ensure consistency with anti-corruption commitment.
Investigating seriously any case raised of any corrupting action.