Labour laws like the UN Global Compact have always been an important human right to have evolved over the decades. The importance of labour laws is emphasized even more when organizations like the UN created laws like the 10 principles of human rights, labour laws, the environment impact, and anti corruption. Tellingly, this becomes even more enhanced when a growing economy and emerging super power like India joins hands to recognize such initiatives and principles.
The TVS Motor Company based out of Chennai in South India has become a part of the United Nations Global Compact, a sustainability initiative that lays emphasis on human rights and labour laws with its 10 tenets or principles. What does this mean in terms of social impact for Indian industries and the population living in these industrial belts as well as the labourers working in these industries? Here’s a quick look:
- Equitable distribution of resources: Being a part of this initiative will ensure that the resources are equally accessible and distributed amongst the various classes of labourers who move within and around the workshops maintained by the two wheeler giant. The UN Global Compact will ensure that their families and communities thrive first.
- Taking Sustainability a Step Forward: With the tools accorded by the UN Global Compact, the TVS company will be able to stand out and stand tall when it comes to taking a stand for sustainability over all else. With an adherence to the policies in all its workspaces in India and globally, the company will serve as an icon and a torch bearer of sustainability, leading by a stellar example.
- Strengthen Communities: With higher inclusion and an eye on the environment, the company with the UN Global Compact will also create stronger communities that place value on clean energy and conservation.