REV Ocean has announced the signing of the Sustainable Ocean Principles of the United Nations Global Compact. This agreement is based on fulfilling responsible business practices in the ocean across sectors and geographies.
The company has confirmed that it will join business leaders from around the world in setting clear and shared expectations industry-wide for a healthy and productive ocean. Besides, through a press release, it encourages other companies to take part of this agreement.
Thereby, the United Nations Global Compact asks companies to align their operations and strategies with ten universally accepted principles. Therefore, these principles are from areas of human rights, labor, environment, and anti-corruption. In addition, it encourages taking action in support of UN goals. Such as the Sustainable Development Goals (SDGs or 'Global Goals').
To sum up, the UN Global Compact Action Platform for Sustainable Ocean Business aims to explore attractive, viable solutions and best practices for sustainable use and management of the ocean.
REV Ocean is a not-for-profit company created with one overarching purpose and ambition: To make the ocean healthy again. Any profit generated from our projects will be reinvested into our work for a healthier ocean. The company was established July 20th, 2017 and funded by Norwegian business-man Kjell Inge Røkke.
Also, it is honored to be part of Global Compact's amazing global network of over 9,500 companies and 3,000 non-business participants that are committed to building a sustainable future.
The development of the REV project is a result of collaboration, discussions and input from several different partners, contributors and supporters, ranging from technologists and scientists to environmentalists and politicians.