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United Nations Global Compact Brochure
 

United Nations Global Compact Brochure

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United Nations Global Compact Brochure

United Nations Global Compact Brochure

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    United Nations Global Compact Brochure United Nations Global Compact Brochure Document Transcript

    • Corporate Sustainability inThe World Economy Compact Global united nations
    • What Is the UN Global Compact?Never before has there been a greater alignment between the objectives of the internation-al community and those of the business world. Common goals, such as building markets,combating corruption, safeguarding the environment and ensuring social inclusion, haveresulted in unprecedented partnerships and openness between business, governments, civilsociety, labour and the United Nations.Launched in July 2000, the UN Global Compact •  ainstream the ten principles in business Mis a leadership platform for the development, activities around the worldimplementation and disclosure of responsible •  atalyze actions in support of broader UN Cand sustainable corporate policies and practices. goals, including the Millennium DevelopmentEndorsed by chief executives, it seeks to align busi- Goals (MDGs)ness operations and strategies everywhere withten universally accepted principles in the areas By doing so, business, as the primary driver ofof human rights, labour, environment and anti- globalization, can help ensure that markets, com-corruption. With more than 8,500 signatories in merce, technology and finance advance in waysover 135 countries, the UN Global Compact is the that benefit economies and societies everywhereworld’s largest voluntary corporate sustainability and contribute to a more sustainable and inclusiveinitiative. global economy.Through a wide spectrum of specialized work- The UN Global Compact is not a regulatory instru-streams, management tools, resources, and topical ment, but rather a voluntary initiative that reliesprograms, the UN Global Compact aims to advance on public accountability, transparency and disclo-two complementary objectives: sure to complement regulation and to provide a space for innovation and collective action.
    • Why Should Companies ParticipateThe UN Global Compact seeks to combine the best properties of the UN, such as moralauthority and convening power, with the private sector’s solution-finding strengths andresources, and the expertise and capacities of other key stakeholders. The initiative isglobal and local; private and public; voluntary, yet accountable.Participation in the UN Global Compact offers a wide array of practical benefits:•  dopting an established and globally recognized A •  inking business units and subsidiaries across L policy framework for the development, imple- the value chain with the UN Global Compact’s mentation, and disclosure of environmental, Local Networks around the world – many of social, and governance policies and practices. these in developing and emerging markets.•  haring best and emerging practices to advance S •  ccessing the United Nations knowledge of and A practical solutions and strategies to common experience with sustainability and development challenges. issues.•  dvancing sustainability solutions in partner- A •  tilizing UN Global Compact management tools U ship with a range of stakeholders, including UN and resources, and the opportunity to engage in agencies, governments, civil society, labour, and specialized workstreams in the environmental, other non-business interests. social and governance realms.
    • “ We need business to give practical meaning and reach to the values and principles that connect cultures and people everywhere.” — Ban Ki-moon, Secretary-General of the United NationsParticipation in the UN Global CompactThe Corporate Commitment How do you join the UN Global Compact?The UN Global Compact is a leadership initiative, To participate in the UN Global Compact,requiring a commitment signed by the compa- a company:ny’s chief executive, and, where applicable, en-dorsed by the highest-level governance body. Any •  ends a letter signed by the chief executive Scompany joining the initiative is expected to: (and, where possible, endorsed by the board) to the United Nations Secretary-General express-•  ake the UN Global Compact and its principles m ing support for the UN Global Compact and its an integral part of business strategy, day-to-day principles (mailing address: United Nations, operations, and organizational culture; New York, NY 10017; fax: +1(212) 963-1207).•  ncorporate the UN Global Compact and its i •  ompletes the online registration form on the C principles in the decision-making processes of UN Global Compact website (www.unglobal the highest-level governance body; compact.org) and uploads a digital copy of the letter of commitment.•  ngage in partnerships to advance broader e development objectives (such as the MDGs); Financial Contributions•  ntegrate in its annual report (or in a similar i In addition to these actions, participating compa- public document, such as a sustainability nies are asked, upon joining, to make an annual report) a description of the ways in which it financial contribution to help support the work implements the principles and supports of the UN Global Compact. suggested annual broader development objectives (also known contribution levels are set as follows: as the Communication on Progress); and •  SD 10,000 for companies with annual U•  dvance the UN Global Compact and the case a revenues of USD 1 billion or more; for responsible business practices through ad- vocacy and outreach to peers, partners, clients, •  SD 5,000 for companies with annual revenues U consumers and the public at large. between USD 250 million and USD 1 billion; •  SD 2,500 for companies with annual revenues U between USD 25 million and USD 250 million; Blueprint for Corporate Sustainability Leadership •  SD 500 for companies with annual revenues U The Blueprint is a model for achieving higher of less than USD 25 million. levels of performance and generating enhanced value through the Global Compact. It provides an action plan in three core areas: (i) integrating Further sponsorship opportunities are the Global Compact ten principles into available for events and specialized work strategies and operations; (ii) taking action in streams. support of broader UN goals and issues; and (iii) engaging with the Global Compact. The Blueprint identifies best practices in each of The Foundation for the Global Compact serves as these dimensions, with a total of 50 criteria for the financial intermediary for all contributions leadership. The Blueprint sets targets that all (www.globalcompactfoundation.org). companies can work towards in order to ascend the learning and performance curve.
    • Maximizing Engagement in the UN Global CompactThe UN Global Compact offers numerous action platforms for participants to demonstrateleadership on critical issues and advance the ten principles.Global Compact Local Networks: by launching several specialized workstreams onLocal Networks in over 90 countries perform critical issues such as climate change (Caring forincreasingly important roles in rooting the Climate), water (The CEO Water Mandate), man-UN Global Compact within different national agement education (The Principles for Responsibleand cultural contexts. As self-governed multi- Management Education), or responsible invest-stakeholder bodies led by business, they support ment (The Principles for Responsible Investment).companies in their implementation efforts, These programmes offer UN Global Compactwhile also creating opportunities for further en- participants additional engagement opportunities,gagement and collective action. Local Networks aiming to advance both practical solutions andalso play a key role in facilitating participants’ sensible public policy development.Communications on Progress and safeguardingthe overall integrity and brand of the Global Partnership Projects: The UN Global CompactCompact. asks its participants to seek partnerships in sup- port of broader UN goals, such as the Millen-Dialogue and Learning: A culture of dialogue nium Development Goals. The basic concept ofand learning is crucial to continuous perfor- partnerships is simple and straightforward – tomance improvement. From its inception, the identify common ground between the privateUN Global Compact has fostered and promoted and the public sectors, and to combine theirdialogue between business and other stakehold- resources, skills and expertise. As the primaryers around critical challenges, covering a diverse entry point of business to the United Nationsrange of sustainability issues. These working System, the UN Global Compact is uniquely posi-symposia and policy dialogues take place at the tioned to channel the capacities and resources ofglobal, regional and local levels. its participants and other stakeholders. Partner- ships focus on the many areas where privateSpecialized Workstreams: The corporate actors and public institutions can engage inresponsibility movement has evolved signifi- win-win relationships, such as poverty reduction,cantly, triggering a need to place stronger focus health, education and community development.on key trends driving the global agenda. The UNGlobal Compact has responded to theses trends
    • The Ten Principles of theUnited Nations Global CompactThe UN Global Compact asks companies to embrace, support and enact,within their sphere of influence, a set of core values in the areas of humanrights, labour standards, the environment, and anti-corruption: Human rights Principle 1 Businesses should support and respect the protection of internationally proclaimed human rights; and Principle 2 make sure that they are not complicit in human rights abuses. Labour Principle 3 Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining; Principle 4 the elimination of all forms of forced and compulsory labour; Principle 5 the effective abolition of child labour; and Principle 6 the elimination of discrimination in respect of employment and occupation. Environment Principle 7 Businesses should support a precautionary approach to environmental challenges; Principle 8 undertake initiatives to promote greater environmental responsibility; and Principle 9 encourage the development and diffusion of environmentally friendly technologies. Anti-corruptionPrinciple 10 Businesses should work against corruption in all its forms, including extortion and bribery. Published by the UN Global Compact Office Printed at the United Nations, New York Contact: UN Global Compact Office, United Nations, DC2-612, New York City, NY 10017, USA globalcompact@un.org www.unglobalcompact.org February 2011 | 10.M