UNI Global Union Agreement
We signed a Global Framework Agreement (GFA) with UNI Global Union1. The agreement will strengthen the dialogue between the two parties on human rights and fundamental labour rights and confirms the Group's commitment to the highest international standards in this area.
The agreement builds on previous declarations signed with the UniCredit European Works Council (UEWC).
The GFA was signed by our CEO Jean Pierre Mustier and the UNI Global Union General Secretary Christy Hoffman at the UniCredit European Works Council's ordinary meeting held on January 22, 2019.
The framework agreement represents another important step in our Transformation journey which started two years ago. Its principles will be disseminated and implemented through all the Legal Entities of the Group.
The document covers several areas including specific commitments on:
- Protecting human rights: in alignment with the Group's Code of Conduct and the General Environmental and Social Principles and in observation of the United Nations Guidelines on Business and Human Rights;
- Combatting sexual misconduct, harassment and bullying, including the ongoing commitment to adopt the necessary measures to combat the risk of sexual harassment in the workplace;
- Combatting discrimination and promoting diversity: committing to joint UniCredit and UNI promotion of diversity and inclusion irrespective of sex, age, ethnic origin, ability or sexual orientation - fighting discrimination and supporting disabled workers throughout their working life.
The global framework agreement also covers Trade Union rights, highlighting our commitment to ensuring a positive working environment, with the right to freedom of association as well as a healthy work-life balance in line with the Joint Declarations previously signed with the UEWC.
There is also a section on the continued promotion of a healthy and safe working environment and on our commitment to responsible sales.
This agreement is consistent with our belief that respect and strong ethics are crucial for guaranteeing business sustainability.
The implementation of the agreement will be jointly monitored by our Central Management and UNI, who will meet once a year to discuss progress.
1UNI Global Union is a global union federation for skills and services, gathering national and regional trade unions. It represents more than 20 million workers from over 150 countries.