Millennium bcp endorses BCSD Portugal’s Charter of Principles...
Millennium bcp has signed up to BCSD Portugal’s Charter of Principles, a document that establishes the principles that are the guidelines for good business management and already has more than 50 subscribers, among which are many of the main companies operating in Portugal. The Charter of Principles aims to create a voluntary framework tailored to companies of various sizes in order to encourage the generalization of sustainable management practices based on six principles: (1) Legal Compliance & Ethical Conduct, (2) Human Rights, (3) Employment Rights, (4) Prevention, Health and Safety, (5) Environment and (6) Management.
By endorsing the Charter of Principles, BCP recognizes that sustainable business management is a competitive factor. In this context, the Bank will also boost the subscription of this reference document by its Suppliers, thus promoting the principles of sustainable management along its value chain.
The BCSD Portugal’s Charter of Principles is inspired by the Universal Declaration of Human Rights, the Fundamental Principles and Rights at Work of the International Labour Organization and the United Nations Global Compact.
BCP, which assumes as an integral part of its business model the commitment to create social value, developing actions for-and with-the various stakeholder groups aiming to contribute to the development of the countries in which it operates, had already joined, in 2005, the 10 principles of the United Nations Global Compact, a commitment establishing a set of values in Human Rights, Working Conditions, Environmental Protection and Anti-Corruption.
Paulo Neves, representative of Millennium bcp, receives from António Mexia, President of BCSD Portugal,
Diploma of Adherence to the Charter of Principles in a session held with the first subscribing companies.
About BCSD Portugal - Business Council for Sustainable Development
O BCSD Portugal - Business Council for Sustainable Development, of which EDP is associated, aggregates and represents companies that are committed to sustainability and is one of the national driving forces for a low-carbon economy that values ecosystems and generates well-being in society. Through the development of inter-company projects that stimulate sustainable development, the BCSD is an influential and inspiring actor for new business models that are competitive, innovative, responsible, sustainable and inclusive. By intervening in the development of public policy, the BCSD fosters collaboration between the business community, policy makers and civil society. With broad sector representation, the BCSD has more than 90 companies that give direct employment to more than 270 thousand people. The sales volume of the non-financial members of the BCSD represents 38% of the national GDP, which translates into more than 65 billion euros of turnover and a GVA of between 6 and 8% of GDP.