PRISA signs up to the UN Global Compact

PRISA has shown its commitment to the respect and defense of human and labor rights, the environment and the fight against corruption by signing up to the ten principles of the UN Global Compact, as laid out by Kofi Annan in 1999. The initiative is aimed at encouraging businesses to align their operations and strategies with ten universally accepted principles.

Likewise, investors will find that PRISA is committed to socially responsible practices, as evidenced by the company's inclusion in the FTSE4GOOD Index Series, designed to measure the performance of companies that meet globally recognized corporate responsibility standards.

PRISA has been rated for six years running as one of the top 100 companies in terms of reputation in Spain, and enjoys the highest reputation in the media sector, according to Merco (Monitor Español de Reputación Corporativa).

THE UN GLOBAL COMPACT'S TEN PRINCIPLES

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights.

Principle 2: Businesses should make sure that they are not complicit in human rights abuses.  

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining.

Principle 4: Businesses should strive for the elimination of all forms of forced and compulsory labor.

Principle 5: Businesses should strive for the effective abolition of child labor.

Principle 6: Businesses should strive for the elimination of discrimination in respect of employment and occupation. 

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.  

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

Further information:

www.unglobalcompact.org