152 million children are still subject to child labour today. Children should be in school, not at work. No child should be deprived of a childhood, safety, health or education. Child labour has no place in our society, and companies have a duty to stop child labour. It is time to accelerate the pace of progress and for business to take practical actions to help eliminate child labour for good.
Ending child labour and all forms of forced and compulsory labour is integral to the Ten Principles of the UN Global Compact. Our participating companies are committed to stopping these abuses, however, most companies have not yet moved beyond policy commitments to take concrete actions to end child labour and forced labour. A wide gap between business aspiration and business action persists. In response to this, the UN Global Compact is prioritizing this topic, aligned with the International Year for the Elimination of Child Labour.
The UN Global Compact 2021 Action Pledge on eliminating child labour reflects our commitment to work with our participants and engage actively with all relevant stakeholders to step up efforts to help end the scourge of child labour and forced labour. We wish to inspire companies by sharing good practices and mobilizing them to translate business aspirations into business actions.
Central to this is our call to companies to step up their due diligence on human rights and to identify, prevent, mitigate and account for all adverse human rights impacts in their operations and value chains, which will help tackle child labour and forced labour. Making a real impact will require adopting a holistic approach and collaborating with all stakeholders. Your company can make a difference by taking action to end child labour for good.