25 May, 2012The Global Framework Agreement entitled "Basic principles of social responsibility at Bosch", with the German-based automotive and engineering transnational was signed with the Bosch Group European Works Council, and the International Metalworkers' Federation.
Stating that a priority at Bosch is to combine "the pursuit of economic objectives with consideration for social and environmental factors", the principles of the agreement are based on the core labour standards of the International Labour Organisation.
Included in the GFA are provisions concerning the right to freedom of association and collective bargaining, children's rights, occupational health and safety, equal opportunities, and the rejection of forced labour.
As well as covering the entire Bosch Group, whose business sectors are divided into automotive, industrial, and consumer goods & building technologies, the agreement stipulates that the company will not work with suppliers that fail to comply with the basic ILO standards.