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UBQ Materials reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of human rights, labor, environment, and anti-corruption.
In our annual Communication on Progress, we commit to continually improving the integration of UNGC’s principles into our business strategy, culture and daily operations of the company.
What Is the United Nations Global Compact?
The UN Global Compact (UNGC) is the world’s largest corporate sustainability initiative, bringing together over 20,000 businesses committed to sustainable and socially responsible practices. It centers on Ten Principles in four key areas:
| Principle Area | Description |
|---|---|
| Human Rights | Promoting and respecting human rights within business operations and ensuring non-complicity in abuses. |
| Labor Standards | Supporting fair labor practices, including the elimination of forced and child labor and promoting safety. |
| Environmental Responsibility | Encouraging sustainable practices, reducing environmental impact, and advocating for stewardship. |
| Anti-Corruption | Fighting corruption in all forms, including bribery and extortion, for a fair and transparent business world. |
Please click the link below to read the full report from UBQ Materials:
Why UBQ’s Support of the UNGC Matters
UBQ’s commitment to the UNGC is integral to our mission of transforming mixed household waste into sustainable materials. Here’s how UBQ’s support enhances our values and operations:
UBQ’s Commitment to the Ten Principles
- Strategic Integration: UBQ reaffirms our support of the Ten Principles by integrating them into its business strategy, culture, and daily operations.
- Global Alignment: This alignment connects UBQ with thousands of businesses worldwide, collectively promoting positive environmental and social change.
Benefits of UBQ’s UNGC Support
Environmental Stewardship
Waste-to-Material Technology: UBQ Material’s patented technology takes mixed municipal household waste, including organics and hard-to-recycle materials, and produces a bio-based, thermoplastic composite, UBQ™. Our advanced solution reduces greenhouse gas emissions, decreases reliance on conventional plastics, and minimizes the need for natural resources extraction, supporting UNGC’s environmental goals.
Advancing the Circular Economy: UBQ™ material reduces reliance on petroleum-based plastics and other extracted materials, removes biogenic content from the organic waste, significantly reducing carbon emissions; and is recyclable, promoting resource conservation and advancing the circular economy.
Social Impact
Ethical Employment: UBQ Materials upholds human rights and fair labor standards, contributing to the creation of safe, sustainable jobs within the waste conversion industry.
Positive Community Impact: By prioritizing fair labor practices, UBQ Materials fosters ethical employment, which has far-reaching social benefits.
Anti-Corruption and Transparency
Integrity in Operations: Supporting anti-corruption principles, UBQ Materials commits to transparency, and building trust with partners, clients, and communities.
Global Ethical Standards: UBQ Materials aligns with global anti-corruption efforts, reinforcing our dedication to fair business practices.
Impact of UBQ’s Contributions: Advancing Global Sustainability Goals
UBQ’s dedication to the UNGC extends beyond compliance—it actively contributes to global sustainability efforts in multiple ways:
| Impact Area | How UBQ Contributes |
|---|---|
| Reducing Environmental Footprint | UBQ™ material helps manufacturers lower their carbon footprint by reducing reliance on fossil-based plastics. |
| Advancing Circular Economy | UBQ’s waste-to-material technology provides a sustainable solution that drives the circular economy forward. |
| Supporting Global Goals | Through our alignment with the UNGC, UBQ contributes to broad sustainability targets, including carbon reduction. |
Key Figures
- GHG Reductions: UBQ works to reduce CO2 emissions.
- Waste Diversion: UBQ’s patented conversion process diverts significant amounts of waste from landfills and incinerators, which contributes to a cleaner environment and reduces methane emissions.
UBQ’s Annual Communication on Progress (CoP): Commitment to Continuous Improvement
Through our annual Communication on Progress (CoP), UBQ Materials commits to continuously improving the integration of the UNGC’s Ten Principles. This annual report reflects UBQ’s:
- Transparency and Accountability: By publicly sharing progress, UBQ demonstrates accountability in meeting sustainability commitments.
- Commitment to Measurable Goals: Each year, UBQ sets new goals to enhance our sustainability practices, adapting to emerging challenges and refining our impact.
Access the Full Report: Explore UBQ’s UNGC Communication on Progress for an in-depth look at its sustainability initiatives and results.
Why UBQ’s Support for the UNGC is a Positive Step
UBQ’s commitment to the United Nations Global Compact represents a significant advancement in sustainability, transparency, and social responsibility. By supporting the UNGC, UBQ not only reinforces its dedication to reducing greenhouse gases and driving circularity in manufacturing but also champions safer, ethical work environments within sustainable industries.
Upholding high ethical standards and transparency, UBQ aligns its operations with anti-corruption principles, ensuring trust and integrity across all levels. This commitment amplifies UBQ’s impact on environmental, social, and governance (ESG) goals, creating a positive ripple effect that resonates within the industry and beyond.
Please click the link below to read the full report:
UBQ Materials UN CoP
