Pacific Controls signs the United Nations Global Compact
June 11, 2007: Pacific Controls is the first; UAE based
Technology Company to sign the United Nations Global
Compact. Created in July 2000 by UN the Global Compact is a
network of UN agencies, corporations, non-governmental
organizations, labor, and academic institutions that endorse
a shared set of principles on good corporate citizenship.
Companies that sign the UN Global Compact commit to support
and advance the Global Compact's 10 Principles on human
rights, labor, the environment and anti-corruption. These
principles are based on internationally accepted principles
to improve global society. Signing the Global Compact
affirms our long-standing commitment to strive to conduct
The UN Global Compact is a United Nations platform that
brings companies together with UN agencies, labor and civil
society. The initiative seeks to build cooperation and
promote partnership between the business community and the
UN, advancing responsible corporate citizenship in social
and environmental matters.
Members of the Global Compact are expected to report to
their stakeholders on an annual basis about the progress
they have made implementing the principles of the Global
The Global Compact comprises more than 3000 companies from
more than 100 countries. Within that network, we will
continue to promote dialogue on the issue of corporate
responsibility and will use this opportunity for an
international exchange of ideas to ensure that our
commitment is as effective as possible.
The United Nations Global Compact was founded on the
conviction that responsible business practices and
cross-sector partnerships are critical to strengthening the
global economy and ensuring environmental and social
well-being. Today, countless business practices and
cross-sector partnerships use the Global Compacts ten
principles as a moral compass.
Yet globalization remains an imperfect experiment.
Demonstrating the social legitimacy of business and markets
is just as critical today as when the Global Compact was
introduced. Perhaps more than ever before, business in
partnership with the United Nations and other
stakeholders have the opportunity to help ensure that
globalization and commerce advance in ways that benefit
economies, societies and people everywhere.
Businesses make a vital contribution to society and
development: creating employment and income, providing
technical skills, strengthening management and bringing
market-based solutions to pressing social and environmental
problems. Responsible businesses are a positive force in
spurring development and improving human conditions.
A commitment to the Global Compact demonstrates that a
company is willing to take part in building sustainable
global market. Every company has a role to play and every
company can contribute to positive change. However, the road
traveled will be different for every company. Companies
begin and end in different places on the road to
improvement. Where a company begins the process at the entry
point to the Global Compact is not important. What really
counts is that the company is committed to change and
continuous performance improvement.