United Nations Global Compact
Social Justified Undertaking: The Hospex Medical Group and the United
Nations Global Compact.
The Hospex Medical Group pledged support for the United Nations Global
Compact.
The essence of the Global Compact is a document containing nine principles
on human rights, labour rights and the protection of the environment. The
document was launched during the World Economic Forum in Davos
(Switzerland) in 1999 and aims at promoting universally accepted standards
within the sphere of influence of, in particular, multinational
corporations. Many companies have preceded Lubberts in expressing support.
They include major players in a wide range of industries.
Multinational corporations do not operate in splendid isolation. They form
part of an increasingly global system where private and public sectors
meet. An evolution occurred in the international business community.
Single focus on the shareholder and the generation of shareholder value is
no longer the exclusive business driver. International business has
shifted towards recognition of stakeholders, among them the shareholders.
Other stakeholders are the company’s employees, clients and beneficiaries
of our products and services, their concerns and the communities in which
we operate. In this balanced system, principles incorporated in the Global
Compact such as those on human rights, labour rights and protection of the
environment, should guide us in our day-to-day business activities.
In a recent interview, the newly appointed Dutch Minister for Development
Cooperation highlighted this new horizon in international business:
“A good example of the good will of companies is the UN Global Compact. By
participating in this UN initiative, companies are obliged to promote and
strive for universal values such as human rights and environment.
Participants are no small fish: giants like Nike, Unilever and Royal Dutch
Shell are among them. Those who label this system as a public relations
show, demonstrate a clear lack of insight in the current private sector
changes”.
The Hospex Medical Group believes in sustainable development: for the
company activities and performance as well as for the healthcare sectors
in the countries in which the company is active or will operate in the
future.