LSST’s Deputy CEO speaks with the United Nations Global Compact about a united response to the COVID-19 outbreak

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Mr Mohammed Zaidi, LSST’s Deputy CEO and Group Principal, and the United Nations Global Compact urge for a united response from businesses during the COVID-19 outbreak.

The UN Global Compact has also urged companies to take a collective and collaborative stance to stem the volatile COVID-19 outbreak by using its 10 Principles.

Watch the interview here:

As the virus continues its spread across the world, LSST praises the global effort taken by the United Nations, the World Health Organisation, Governments, health authorities, healthcare staff and its partners to prevent, detect and manage the pandemic.

The Ten Principles of the United Nations Global Compact

The Ten Principles of the United Nations Global Compact are derived from: the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption.

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.

Labour

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 labour;

Principle 5:

the effective abolition of child labour; 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.

Source: UN Global Compact (2020)

Join the conversation and comment below. What did you learn from United Nations’ responses about addressing business challenges post-COVID-19?

Please email kunal.mehta@lsst.ac for any questions or comments or to find out more about the UN Global Compact.