Voluntary Standards and Memberships
Committed to the respect of Human Rights, Ecopetrol formally joined the Global Compact in 2009 through a letter signed by the President of the company and addressed to the Secretary General of the United Nations, which expresses support for the Global Compact and its principles. The ten Global Compact principles are presented below:
Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights, within their sphere of influence.
Principle 2: Businesses should make sure that they are not complicit in human rights abuses.
Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining.
Principle 4: Businesses should uphold the elimination of all forms of forced and compulsory labor.
Principle 5: Businesses should uphold the effective abolition of child labor.
Principle 6: Businesses should uphold the elimination of discrimination in respect of employment and occupation.
Principle 7: Businesses should support a precautionary approach to environmental challenges.
Principle 8: Businesses should undertake initiatives to promote greater environmental responsibility.
Principle 9: Businesses should encourage the development and diffusion of environmentally friendly technologies.
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.