Danfoss Annual Report - Corporate Citizenship

  • 2005/04/18
Time period
  • January 2004  –  December 2004
  • Our annual report consists of two parts: The Financial Report and
    Corporate Citizenship report. In the Corporate Citizenship report, we have 21 pages dedicated to reporting on the progress on Global Compact, please see www.danfoss.com/aboutus/financialinformation. Please go to Corporate Citizenship, and then to Global Compact.

    This of course also indicates a strong commitment in terms of continued
    support for the Global Compact, as we have chosen the 10 principles as the frame for reporting on social and environmental issues at Danfoss.

Principles covered
  • Principle 1 - Businesses should support and respect the protection of internationally proclaimed human rights
  • Principle 2 - Make sure that they are not complicit in human rights abuses
  • Principle 3 - Businesses should uphold freedom of association & effective recognition of the right to collective bargaining
  • Principle 4 - The elimination of all forms of forced and compulsory labour
  • Principle 5 - The effective abolition of child labour
  • Principle 6 - Eliminate discrimination in respect of employment and occupation
  • Principle 7 - Businesses should support a precautionary approach to environmental challenges
  • Principle 8 - Undertake initiatives to promote greater environmental responsibility
  • Principle 9 - Encourage the development and diffusion of environmentally friendly technologies
  • Principle 10 - Businesses should work against all forms of corruption, including extortion and bribery
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