[Principles 1–2: Human Rights]
Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights.
Principle 2. Businesses should ensure that they are not complicit in human rights abuses.
[Principles 3–6: Labour]
Principle 3. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining.
Principle 4. Businesses should uphold the elimination of forced or compulsory labor.
Principle 5. Businesses should uphold the effective abolition of child labor.
Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation.
[Principles 7–9: Environment]
Principle 7. Businesses should support a precautionary approach to environmental challenges.
Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility.
Principle 9. Businesses should encourage the development and diffusion of environmentally friendly technologies.
[Principles 10: Anti-Corruption]
Principle 10. Businesses should work against all forms of corruption, including extortion and bribery.
In line with Global Compact’s expectations, BOSAGORA will take actions in line with its commitment and communicate annually on our corporate responsibility efforts. This annual report named as
Communication on Engagement (CoE) is a public communication to stakeholders (e.g., consumers, employees, organized labor, civil society, investors, media, and government) on the progress that the respective organization has made in implementation the Ten Principles above and, where appropriate in supporting UN goals through partnerships.
By sending the Letter of Commitment, BOSAGORA Foundation has made its full-fledged commitment to observe UNGC Ten Principles and publicly communicate and disclose its CoE.
BOSAGORA has made the following commitments addressed to UN Secretary General, António Guterres below signed by the President of BOSAGORA Foundation, Inhwan Kim.
Make the UN Global Compact and its Ten Principles an integral part of our business strategy, day-to-day operations and organizational culture
Incorporate the UN Global Compact and its Ten Principles in decision-making processes at the highest levels
Engage in partnerships that advance the UN Global Compact’s Ten Principles and support broader UN goals, such as the UN Sustainable Development Goals (SDGs)
Advance the UN Global Compact and the case of responsible business practices through advocacy and outreach to our community members, peers, partners, users and the public at large
Adhering to its pledges, BOSAGORA Foundation will make UN SDGs and the observation of the Ten Principles as its guiding discipline making it its top most priority in 2021 to make a better world as a project enabler with blockchain technology.