We suggest to the Local Network companies that while carrying on their operations they should protect human rights and also focus on environmental sustainability. The report will firstly examine the business practices depicted by the principles of Global Compact suggesting ways to implement them successfully into GE’S operations and how they can overcome the difficulties the company might experience during the implementation of the practices.
The first principal of the Global Compact states that “Businesses should support and respect the protection of internationally proclaimed human rights” (United Nations Global Compact 2010). We agree with this principle and believe it is highly important that we as an organization support and respect human rights not infringe them (United Nations Global Compact 2010). The ninth principle of the Global Compact states that “"undertake initiatives to promote greater environmental responsibility” (United Nation Global Impact 2009).
Let’s discuss both the practices depicted by the Global Compact through these principles moving on to the practices not only adopted by General Electronics but our competitors as well and what was the impact of these applying these principles and their effect on the stake holders.
The first principle lays a lot of focus on the companies to identify their responsibility to respect human rights while conducting their operations. Firstly GC wants its members to deeply study the human rights and then apply them within their operations to prevent discrimination of any sort and then thirdly it asks to analyze their operations to make sure that they are not unconsciously involved in the activities of infringement (United Nations Global Compact 2010).
The Global Compact has also given a lot of guidance material on their website which defines the tools and the practices that