15/09/2012

To our stakeholders:

I am pleased to confirm that [ Company Name ] 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,

Eusebio Peces Ortega
Chief Executive Officer

15/09/2012

To our stakeholders:

I am pleased to confirm that COINVEGAR, S.L. reaffirms its support of the UNIVERSAL DECLARATION OF HUMAN RIGHTS
"Whereas recognition of the inherent dignity and of the equal and inalienable rights of all members of the human family is the foundation of freedom, justice and peace in the world,

Whereas disregard and contempt for human rights have resulted in barbarous acts which have outraged the conscience of mankind, and the advent of a world in which human beings shall enjoy freedom of speech and belief and freedom from fear and want has been proclaimed as the highest aspiration of the common people,

Whereas it is essential, if man is not to be compelled to have recourse, as a last resort, to rebellion against tyranny and oppression, that human rights should be protected by the rule of law,

Whereas it is essential to promote the development of friendly relations between nations,

Whereas the peoples of the United Nations have in the Charter reaffirmed their faith in fundamental human rights, in the dignity and worth of the human person and in the equal rights of men and women and have determined to promote social progress and better standards of life in larger freedom,

Whereas Member States have pledged themselves to achieve, in co-operation with the United Nations, the promotion of universal respect for and observance of human rights and fundamental freedoms,

Whereas a common understanding of these rights and freedoms is of the greatest importance for the full realization of this pledge,

Now, Therefore THE GENERAL ASSEMBLY proclaims THIS UNIVERSAL DECLARATION OF HUMAN RIGHTS as a common standard of achievement for all peoples and all nations, to the end that every individual and every organ of society, keeping this Declaration constantly in mind, shall strive by teaching and education to promote respect for these rights and freedoms and by progressive measures, national and international, to secure their universal and effective recognition and observance, both among the peoples of Member States themselves and among the peoples of territories under their jurisdiction."

Sincerely yours,

Suggestion box, call center or grievance mechanisms
Awareness raising or training of employees on Human Rights
Consultation with stakeholders and affected parties
Allocation of responsibilities for the protection of Human Rights within the company
Human resource policies and procedures supporting Human Rights

Periodic review of results by senior management

Written policies that clearly state employee rights and responsibilities and their compensation and benefits
Policy requiring business partners and suppliers to adhere to the Global Compact Labour principles
Assessment of labour-related risks in the industry sector and country(ies) of operations

Awareness raising or training for employees on labour rights and policies
Describe how the health and safety of all employees is ensured
Describe how the company prevents discrimination of all kinds and ensures comparable pay for comparable work
Consultation with employees and other stakeholders
Allocation of responsibilities for the protection of labour rights within your organization
Human resource policies and procedures supporting the Labour principles
Participation in international framework agreements and other agreements with labour unions

Assessment of the environmental footprint and impact of the company
Written company policy on environmental issues, including prevention and management of environmental risks
Policy requiring business partners and suppliers to adhere to the Global Compact environmental principles
Describe specific goals in the area of environmental protection for the upcoming year

Awareness raising or training of employees on environmental protection
Initiatives and programmes to reduce waste materials (e.g. recycling) and consumption of resources (energy, fossil fuels, water, electricity, paper, packaging, etc.)
Activities aimed at improving the energy efficiency of products, services and processes
Development and diffusion of environmentally friendly technologies
Raise awareness among suppliers by asking for the environmental footprint of products or services
Environmental management system to identify, monitor and control the company's environmental performance
Allocation of responsibilities for environmental protection within the company

Periodic review of results by senior management
External audits of environmental performance

Assessment of risk of corruption and bribery in the company’s industry and country(ies) of operation
Written company policy of zero-tolerance for corruption, bribery and extortion
Reference to (or statement of support for) the UN Convention Against Corruption and other international instruments
Protocol to guide staff in situations where they are confronted with extortion or bribery
Policy requiring business partners and suppliers to adhere to the Global Compact anti-corruption principles

Awareness raising or training of employees about the company's policies regarding anti-corruption and extortion (e.g. mailings, internet, internal communication, etc.)
Allocation of responsibilities for anti-corruption within the company
Participation in industry initiative or other collective action on anti-corruption

Information about how the company deals with incidents of corruption
Internal audits to ensure consistency with anti-corruption commitment, including periodic review by senior management