Principles

The principles of IFU’s CSR policy

IFU has signed up to the 10 UN Global Compact principles, and we are committed to implement­ing and advancing these together with the project companies and within the Fund's sphere of influence. IFU’ policy is based upon international UN, ILO and OECD conventions, declarations and agreements, and we hereby seek to contribute to the global achievement of the UN Millennium Development Goals.

As a starting point the policy requires:

• that the projects always get acquainted and comply with the laws of the host country.
• that standards approved in Denmark and internationally are followed in significant areas.

UN Global Compact

Our CSR policy and advice are based on the principles of the UN Global Compact. Global Compact includes 10 principles created to promote social commitment and responsibility. We encourage our project companies to follow the 10 principles. They simply and clearly point out the most important aspects of human rights, labour rights, environment and anti-corruption. They also emphasise the idea of continuous improvements.

Read more about Global Compact

International conventions and declarations

IFU's CSR policy is based on the requirements of a number of international conventions and declarations. It is widely agreed internationally that they represent the minimum framework and principles for sustainable development.

See list of conventions and declarations