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Global Compact Participants Implementing Host of Supply Chain Initiatives

2003-03-13 

Reflecting a growing trend within the Global Compact initiative, Tweezerman, a leading manufacturer of personal-care products, announced that it plans to implement a new supplier agreement that mandates adherence to the nine principles of the Global Compact. Said CEO Dal LaMagna: “It’s simple: if one of our suppliers does not agree to adhere to the nine universal principles of the Compact, they will no longer do business with Tweezerman.” The Glen Cove, N.Y.-based company has also incorporated the Global Compact’s principles into its corporate policy, annual report and employee handbook.

Tweezerman is one of a rising number of Global Compact participants that are actively incorporating the Global Compact principles into their supply chains. Other companies that have submitted related examples to the Global Compact Learning Forum are: Petro-Canada, William E. Connor & Associates, Bayer AG, Li & Fung (Trading) Ltd., Ericsson, Robert Stephen Holdings, OneNest, and Engineers India Limited.

In addition, the Global Compact Nordic Network, representing 40 companies, is working on an initiative that examines human rights principles within the context of cross-border supply chain management. This work was presented at the Global Compact Annual Learning Forum Meeting in Berlin on 12-13 December 2002.

Recognizing the importance of supply chain issues to companies, the Global Compact will convene a Policy Dialogue focusing on the Supply Chain on 12-13 June in New York City.

Click here to access Tweezerman's press release