UN Gobal Compact

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Information about UN Gobal Compact

Published on January 13, 2008

Author: Taddeo

Source: authorstream.com

Advancing Corporate Citizenship In the World Economy :  Advancing Corporate Citizenship In the World Economy Convergence:  Convergence United Nations Business Values Prosperity Peace Development The UN Global Compact:  The UN Global Compact A corporate social responsibility initiative CEO-leadership Voluntary Based on 10 universal principles: Human Rights Labour Conditions Environment Anti-Corruption A multi-stakeholder platform Multi-Stakeholder: Power of Collective Action:  Multi-Stakeholder: Power of Collective Action Business Labour Civil Society Governments UN The Ten Principles:  The Ten Principles 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 Standards 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-Corruption Principle 10: Businesses should work against all forms of corruption, including extortion and bribery.  The Objectives:  The Objectives Make the 10 principles part of business strategy, operations and culture everywhere Facilitate partnerships toward UN goals – MDGs Vision: “Sustainable and inclusive global economy” The GC Performance Model: Policies and Implementation:  The GC Performance Model: Policies and Implementation Global Compact: Growth:  Global Compact: Growth As of March 2006: Approximately 2,900 Global Compact: Sectors :  Global Compact: Sectors Global Compact: Regions:  Global Compact: Regions Country Networks:  Country Networks Value Through Engagement:  Value Through Engagement Global-Local Policy Dialogues, Workshops and Summits Business and Conflict HIV/AIDS in the Workplace Business and Development Transparency/Anti-Corruption Business and Human Rights CSR to Attract Financial Capital – New York, May 2006 Business and MDGs – Vienna, June 2006 Business as Agent for World Benefit – Cleveland, October 2006 Peace Through Commerce – Notre Dame, November 2006 International Learning Forum in Africa – Ghana, November 2006 Triennial Leaders Summit – June 2007 Value Through Engagement:  Value Through Engagement Country Network Activities Approximately 50 networks Local business, MNC subsidiaries, civil society, gov. Learning-dialogue – best practices Communications on Progress Partnership projects Value Through Engagement:  Value Through Engagement Practical Tools & Resources Raising the Bar – Creating Value with the Global Compact Embedding Human Rights in Business Practice A Guide to Implementing Human Rights Into Business Management Business Against Corruption – A Framework for Action Global Compact Environmental Training Package Conflict-Sensitive Business Practices Who Cares Wins – Connecting Financial Markets Accountability and Transparency:  Accountability and Transparency “Communication on Progress” Policy Expected yearly Implementation of ten principles Use of metrics: GRI or other Annual or “CSR” report Links to GC website Overall Business Benefits:  Overall Business Benefits Global Compact: Organizing CSR strategy 10 Principles are universal = social legitimacy Manage globalization’s new risks/opportunities Collaborate with businesses, NGOs, labour, Governments, UN Make societies and markets more sustainable and equitable Slide18:  “Let us choose to unite the power of markets with the authority of universal ideals. Let us choose to reconcile the creative forces of private entrepreneurship with the needs of the disadvantaged and the requirements of future generations” Secretary-General Kofi Annan www.unglobalcompact.org:  www.unglobalcompact.org Appendix:  Appendix Corporate Citizenship:  Corporate Citizenship Risks & Opportunities Short - Term Costs Long - Term Investment

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