[19] Local connections to supplement the international connections made by the Global Compact at large can help to broaden the engagement and impact of members. Get kids back-to-school ready with Expedition: Learn. The UN Global Compact's goals are intentionally flexible and vague, but it distinguishes the following channels through which it provides facilitation and encourages dialogue: policy dialogues, learning, local networks and projects. The compact was announced at the January 1999 annual meeting of the World Economic Forum (WEF) and implemented the following year, on July 26, at a high-level UN meeting with the aim of promoting “good” corporate practices among the global business community through the voluntary adherence of firms to nine (later ten) principles drawn from three (later four) key international texts: the 1992 Rio Declaration on Environment and Development; the 1948 Universal Declaration of Human Rights; and the International Labour Organization’s 1998 Fundamental Principles on Rights at Work.
use this site, we consider that you agree to our use of cookies in accordance with our <. Hoessle, Ulrike:The Contribution of the UN Global Compact towards the Compliance of International Regimes: A Comparative Study of Businesses from the United States. The Global Compact Network India has been one of the pioneering local initiatives of the Global Compact. Advancing low-carbon, high-resilient economies through innovation, ambition and collaboration on climate change.
Kell, G. (2005) The Global Compact: Selected Experiences and Reflection, Debate between Georg Kell and Bart Slob (2008), This page was last edited on 17 August 2020, at 08:00. It adopted the Geneva Declaration on corporate responsibility. Through our Local Networks and over 10,000 companies around the world, the UN Global Compact is taking corporate sustainability from the fringes to the mainstream and uniting business for a better world.
Cookie Notice. Sustainability begins with a principles-based approach to doing business. Additionally, there are related programs for particular topics of interest, such as the Business for Peace initiative, that bring awareness to businesses and other organizations about instability and conflict, such that organizations can help to address these concerns from their own perspective and with the assistance of their local networks. The UN Global Compact is not a regulatory instrument, but rather a forum for discussion and a network for communication including governments, companies and labour organisations, whose actions it seeks to influence, and civil society organisations, representing its stakeholders. The Global Compact critics formally disbanded in February 2015, recommending that interested parties consult the Centre for Research on Multinational Corporations (SOMO) website. Principle 2: make sure that they are not complicit in human rights abuses. The Global Compact Network (GCN) India was formed by organizations from India who participate in the Global Compact. This initiative is a partnership between the Syrian Government represented by the State Planning Commission and the UNDP Country Office in Syria. The UN Global Compact says that once companies declared their support for the principles "This does not mean that the Global Compact recognizes or certifies that these companies have fulfilled the Compact’s principles." As one of the outcomes it provides a figurative image of the overall sustainability of that city to illustrate its strengths and weaknesses. Cookie Notice. Launched in 2000 by former UN Secretary-General Kofi Annan, the UN Global Compact was initiated to bring business and the United Nations together to give a human face to the global market. [13] This was a very friendly partnership since Rotary International played a role in the chartering of the United Nations. Corporate accountability in the UN system beyond the Global Compact, "Tangled Up In Blue: Corporate Partnerships at the United Nations", "The Global Compact and Its Critics: Activism, Power Relations, and Corporate Social Responsibility", "UN's new water advisor calls the Global Compact 'bluewashing'", "Global Compact’s real home should be at the General Assembly of the UN", "Beyond Pragmatism: Appraising UN-Business Partnerships", "L'Oréal supports the United Nations Global Compact - L'Oréal Group", "United Nations Global Compact - Sustainability at 3M United States", "UN Global Compact - Deloitte - Corporate responsibility and sustainability", "World of business must play part in achieving new Sustainable Development Goals – UN chief", http://gse.publisher.ingentaconnect.com/content/glbj/jcc/2015/00002015/00000059/art00004, http://www.ingentaconnect.com/content/glbj/jcc/2014/00002014/00000053/art00005?crawler=true, Whose Partnership for whose development? 6 The elimination of discrimination in respect of employment and occupation. The United Nations Global Compact is focused on shaping a sustainable future with businesses and organizations. The second Global Compact Leaders Summit, chaired by Secretary-General Ban Ki-moon, was held on 5–6 July 2007 at the Palais des Nations in Geneva, Switzerland. With the growth of United Nations Global Compact (UNGC) as an initiative, the ever expanding comprehension of their principles as a standard are perceived. The Syria initiative aims at enhancing civic engagement and corporate social responsibility of private sector by promoting the ten principles of the UN Global Compact as well as forging partnerships between private sector organizations, public sector institutions and civil society. The Global Compact was proposed in the late 1990s by UN secretary-general Kofi Annan in response to widespread concerns about the negative impact of corporate business practices on human rights, workers’ rights, and the environment. 9 Encourage the development and diffusion of environmentally friendly technologies.
Caring for Climate signatories are taking action. This is expected to promote sustainable growth besides encouraging good corporate citizenship. Responsible companies are ramping up their action and impact by embedding a principles-based approach into strategies and operations. The Syrian Global Compact Local Network has 26 businesses, five NGOs, and five federations of commerce and industry.
We use cookies to improve our site and to analyze traffic. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption. These networks help companies and non profit organizations understand what responsible business means within diverse national, cultural, and linguistic contexts. By clicking “agree”, closing this message or continuing to By signing up for this email, you are agreeing to news, offers, and information from Encyclopaedia Britannica. It begins by drawing the resources of government, business and civil society into a cross-sector partnership in order to develop a practical project that addresses a seemingly intractable urban issue. Businesses should encourage the development and diffusion of environmentally friendly technologies.
As an independent legal entity launched in 2004, it is managed by a steering committee with a chairman, deputy chairman, secretary, treasurer and 16 directors elected by the network’s general assembly. Launched in 2000 by former UN Secretary-General Kofi Annan, the UN Global Compact was initiated to bring business and the United Nations together to give a human face to the global market. It was launched under the patronage of the Head of State Planning Commission and in the presence of the Deputy Chairperson of the UN Global Compact in July 2008. [31] An informal network previously known as Global Compact Critics leveled a variety of criticisms at the Global Compact, citing a lack of mechanisms for sanctioning non compliance or lack of progress. [30] Bluewashing refers to the alleged practice of companies claiming their membership or participation in philanthropic and charity based activity as an excuse, and perhaps as an entry door to increase corporate influence upon international organizations.
The UN Global Compact was initially launched with nine Principles. Learn more about the COP/COE Who is aligning with the 10 Principles? The Global Compact provides a list of its 12,000+ participant organizations, composed of roughly 8,000 businesses and 4,000 non-business entities on its website. use this site, we consider that you agree to our use of cookies in accordance with our Principle 7: Businesses should support a precautionary approach to environmental challenges; Principle 8: undertake initiatives to promote greater environmental responsibility; and. The Global Compact Office works on the basis of a mandate set out by the UN General Assembly as an organization that "promotes responsible business practices and UN values among the global business community and the UN System. [35] Leaders of the tribe Ayoreo Indians in Paraguay wrote to the UN Global Compact saying they are "concerned and frustrated" by the inclusion in it of a controversial Brazilian ranching company. Interested in joining the movement? On 24 June 2004, during the first Global Compact Leaders Summit, Kofi Annan announced the addition of the tenth principle against corruption in accordance with the United Nations Convention Against Corruption adopted in 2003.
Instead, as mentioned in a 2015 interview with Executive Director, Lise Kingo, "we are the guide dogs, not the watchdogs", with the organization seeking to prioritize providing resources and support instead of attempting to enforce discipline.[7]. AGREE In 2015, RMIT Professor Ralph Horne became the third director of the UN Global Compact Cities Programme and in February 2016 an Urban Thinkers Campus was organised at RMIT Melbourne in collaboration with World Vision International as part of the buildup to UN Habitat III. [17] In 2012, the Circles of Sustainability method was elaborated to guide a city or urban region through a rigorous assessment process. Principle 9: encourage the development and diffusion of environmentally friendly technologies. The United Nations Global Compact is a non-binding United Nations pact to encourage businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The UN Global Compact was initially launched with nine Principles. It was also intended to divert attention away from organizations like the World Trade Organization (WTO) that had become targets for the antiglobalization movement.
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