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UN Global Compact – The ten principles

Steel life cycle – Scrap cube (photo)

Scrap cube

Human Rights

  • Principle 1
    Businesses should support and respect the protection of internationally proclaimed human rights; and
  • Principle 2
    make sure that they are not complicit in human rights abuses.

Labor

  • Principle 3
    Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  • Principle 4
    the elimination of all forms of forced and compulsory labor;
  • Principle 5
    the effective abolition of child labor; and
  • Principle 6
    the elimination of discrimination in respect of employment and occupation.

Environment

  • Principle 7
    Businesses should support a precautionary approach to environmental challenges;
  • Principle 8
    undertake initiatives to promote greater environmental responsibility; and
  • Principle 9
    encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

  • Principle 10
    Businesses should work against corruption in all its forms, including extortion and bribery.
About voestalpine

The voestalpine Group is a steel-based technology and capital goods group that operates worldwide. With its top-quality products, the Group is one of the leading partners to the automotive and consumer goods industries in Europe and to the oil and gas industries worldwide.

Facts

50 Countries on all 5 continents
500 Group companies and locations
48,500 Employees worldwide

Earnings FY 2015/16

€ 11.1 Billion

Revenue

€ 1.6 Billion

EBITDA

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