Vaisala is a UN Global Compact signatory since October 2008. We are proud to support the ten principles of Global Compact and we will also promote these values to our stakeholders. Global Compact requires signatory organizations to supply a ‘Communication on Progress’ (COP) annually. The 2010 CR-report acts as Vaisala’s third COP.
Vaisala's Progress on Global Compact's Ten Principles
Human Rights |
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Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights. |
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Embedded in Vaisala's Code of Conduct. Mandatory Code of Conduct training for entire personnel. |
Principle 2: Make sure that they are not complicit in human rights abuses. |
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Mandatory Code of Conduct training for entire personnel. |
Labor Standards |
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Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining. |
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Embedded in Code of Conduct. Employee representatives, according to local legislation. |
Principle 4: The elimination of all forms of forced and compulsory labor. |
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Covered in Code of Conduct. No violations reported to date. |
Principle 5: The effective abolition of child labor. |
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Covered in Code of Conduct. No violations reported to date. |
Principle 6: The elimination of discrimination in respect of employment and occupation. |
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Covered in Code of Conduct. No violations reported to date. |
Environment |
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Principle 7: Businesses should support a precautionary approach to environmental challenges. |
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Life-cycle assessment on key products to assess their impact on the environment.Responsible innovation and product development |
Principle 8: Undertake initiatives to promote greater environmental responsibility. |
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Became signatory of The Federation of Technology Industries' Energy Conservation Agreement in 2008. Participates in WWF Finland's Green Office program. |
Principle 9: Encourage the development and diffusion of environmentally friendly technologies. |
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Vaisala is constantly developing Best Available Technology (BAT) products to meet the increasing demand for highly accurate measuring instruments, e.g. for climate change research. |
Anti-Corruption |
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Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery. |
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Covered in Code of Conduct and Vaisala's International Anti-Corruption Policy. Vaisala's management enforces a strict, zero-tolerance policy on any forms of bribery and corruption. |
Local network and national cooperation
Vaisala is part of a Global Compact local network, The Nordic Network, which has Global Compact participants from Denmark, Finland, Iceland, Norway and Sweden. The network provides a learning forum for its members, showcasing best practices in corporate responsibility as well as in implementing the ten principles. The network convenes twice per year in one of the member countries. Vaisala is also represented in the network's Steering Committee
In order to benchmark with other industrial companies, Vaisala also takes part in discussions between other Finnish signatory companies. A group of Finnish signatory companies meet on a semi-regular basis to exchange best practices with each other and to promote Global Compact for companies that are not yet Global Compact members.
More information about The Nordic Network: http://www.gcnordic.net/