"At the end of the day, corporations are citizens too, and they should commit themselves in the same way good citizens would. It's important to emphasize here that other social forces must be involved: there's always at least one organization that is already implementing an idea, someone who has found a better approach to a certain segment of the population or an innovative solution to the same problem." more[...]
When they signed the Millennium Declaration in 2000, world leaders made an historic promise to work together to improve the lives of the world’s poorest people. With its clear goals and deadlines, the Millennium Development Goals (MDGs) created the first-ever global compact in which rich and developing countries acknowledged shared responsibility to end extreme poverty and its root causes. more[...]
I think what has changed dramatically since those words were first written are two fundamental realities. One is the media-based interconnectivity in the world. It was so much easier in previous centuries and previous generations to disregard the complexities, the pain, the sufferings, and even the disasters that affect other parts of the world. more[...]
The Communication on Progress (COP) policy is the central component of the UN Global Compact’s integrity measures. The policy establishes a mandatory reporting requirement for businesses to report annually on their progress in implementing the Ten Principles of the UNGC more[...]
The aim of the conference The Green Economy; Business Contribution to Securing Sustainability was to demonstrate how businesses can put theory in to practise. The Dutch Global Compact network and German Global Compact network consider the conference to be a true success. This succes was even more important for the Dutch network as is marked its first lustrum conference, after its founding in 2007. As such we would like to thank you for your contribution to this success and hope that you can put the results of the conference into practise in your daily operations. more[...]
The United Nations Global Compact – which is a Global Public Policy Network advocating ten universal principles in the areas of human rights, labour standards, environmental protection, and anti-corruption – has turned into the world’s largest corporate responsibility initiative. Although the Global Compact is often characterized as a promising way to address global governance gaps, it remains largely unclear why this is the case. Andreas Rasche and Dirk Ulrich Gilbert discusses to what extent the initiative represents an institutional solution to exercise global governance. more[...]
Over the last several years, the United Nations has become a trailblazer in promoting corporate responsibility. “In the 11 years since its launch, the United Nations Global Compact has been at the forefront of the UN’s effort to make the private sector a critical actor in advancing sustainability,” UN Secretary-General Ban Ki-moon says in the 2011 edition of the Global Compact International Yearbook. more[...]
A profound retrospective of the first decade of the UN Global Compact, challenges in the light of the year of biodiversity, and instruments for an adequate Corporate Citizenship are some of the issues highlighted in the new 2010 edition of the “Global Compact International Yearbook”. Among this years prominent authors are Ban Ki-moon, Bill Clinton, Joschka Fischer and Achim Steiner. UN Secretary-General Ban Ki-moon said: “As the Global Compact enters its second decade, it is my hope that this Yearbook will be an inspiration to bring responsible business to true scale.” Formally presented during the UN Global Compact Leaders Summit in New York, the yearbook is now for sale. more[...]
The inaugural issue of the Global Compact International Yearbook , highlighting key sustainability issues on the international agenda and showcasing a wide array of corporate practices, has just been published. more[...]
Project one :In the light of its business excellence and recognition, Arab African International Bank decided to institutionalize the CSR building on its “Belief System “ and depending on a “Structural Approach”. This has produced the “We Owe it To Egypt” Foundation to be the national drive behind significant impact and sustainable development of health and education in Egypt. The Foundation’s main mission is: To pool patriotic resources and establish centers of excellence in health and education. Project two: The bank has adopted the Equator Principles as a regulatory framework for social and environmental impact assessment for projected finance that exceeds the 10 million dollars. more[...]
United Nations Secretary-General Ban Ki-moon has called climate change “the defining challenge of our time” – for good reasons. Climate change is the most pressing and disruptive issue the world is facing today. It affects every aspect of society, from energy resources and water sustainability to public health, food security, and even human security. more[...]
I am delighted to write on the occasion of the UN Global Compact’s 10th anniversary 2000–2010 and the publication of the Global Compact International Yearbook 2010. The UN Global Compact has clearly exceeded all expectations that were generated when it was first launched. It is becoming increasingly clear that the most intractable problems facing human society can only be solved if business and corporate organizations become an important part of the solution. more[...]
Sustainable development is, simply put, a synonym for successful globalization – that is, a globalization that enhances our well-being comprehensively and therefore passes the test of time. As foreign minister during the time of the founding of the Global Compact 10 years ago, I wholeheartedly welcomed this voluntary, business-driven initiative. more[...]
In 2004 when the Global Compact added the 10th Principle, the anti-corruption movement gained a singularly important ally as well as a powerful platform for tackling corruption across the globe. With more than 7,500 organizations in 130 countries, no other initiative can boast similar geographical reach and such a wide range of participants, including so many small and medium-sized enterprises. more[...]
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