The Hamburger Hochbahn AG has joined the United Nations Global Compact, according to a press release in December. The UN movement aims to mobilize sustainable companies and stakeholders across the globe. Henrik Falk, CEO of Hamburger Hochbahn AG, said: “Hamburg counts among Germany’s most liveable global cities for good reason. Our job is to preserve this status by making transport forward-looking and in harmony both with people and the environment. The UN Global Compact gives us a concrete frame of reference by which we can be measured.” Around 433 companies in Germany are among signatories to the UN Global Compacts. So far, 10,000 companies in over 160 countries have already signed up.
Human rights and labour regulations
The signatories agree to do business responsibly by aligning their strategies and operations with “Ten Principles of the UN Global Compact” on human rights, labour, environment and anti-corruption. Members also draft annual sustainability reports in those areas. By incorporating the principles into strategies, policies and procedures, and establishing a culture of integrity, companies are not only upholding their basic responsibilities to people and planet, but also setting the stage for long-term success.
Measures by Hamburger Hochbahn
The Hamburger Hochbahn has agreed on “Sustainable Development Goals” and will draft concrete measures and goals in the coming months to achieve these objectives. The measures include funding quality education and gender equality programmes through foundations. In reference to sustainable consumption and production patterns, Hamburger Hochbahn is emphasising recycling concepts and hopes to purchase emission-free buses.
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