The UN Global Compact is the world’s largest and most important initiative promoting responsible corporate governance. Since signing the Global Compact in 2014, Freudenberg has made a voluntary commitment to ensuring its business is values-based and sustainable.
Freudenberg regularly reports on how the company is implementing the ten principles of the Global Compact and its contribution to achieving the UN Sustainable Development Goals in what is known as the UN Global Compact Communication on Progress (CoP) 2021. Starting in 2023, all participants – and that includes Freudenberg – must complete a standardized questionnaire containing some 70 questions – mostly multiple choice – in sections on Governance, Human Rights, Labor, Environment and Climate, and Anti-Corruption.
The completed questionnaires will be available during the course of 2023 from the UN Global Compact website.