Provides an overview of CEO perspectives on progress to date, challenges ahead and the journey towards a sustainable economy. The report is based on an extensive study of nearly 1,000 Global Compact CEOs. (UNGC/Accenture, 2010) more[...]
Climate change has been described as the biggest market failure of all time – the loss of biodiversity and nature’s economically-important services must surely be running a close second, if not an equal first. Year in and year out, the world economy may be losing services from forests to freshwaters and from soils to coral reefs, with resulting costs of up to $4.5 trillion or more. more[...]
Since its launch in 2000, the United Nations Global Compact has emerged as perhaps the world’s most influential platform for corporate responsibility. Its structure as a global network uniquely positions the initiative to take a closer look at both global and regional developments and interpretations of corporate social responsibility (CSR). more[...]
The UN Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption. By doing so, business, as a primary agent driving globalization, can help ensure that markets, commerce, technology and finance advance in ways that benefit economies and societies everywhere. more[...]
This articles describes an updated performance model that guides companies through the process of formally committing to, assessing, defining, implementing, measuring, and communicating a corporate sustainability strategy based on the Global Compact and its principles. more[...]
The Global Compact recognizes that its transparency and disclosure requirements can present a greater challenge for some companies, especially the smaller and less experienced ones. The Learner Platform was created to help those participants who have demonstrated a commitment toward progress and transparency by submitting a COP, but have not yet achieved the level of disclosure and transparency expected for the GC Active level. more[...]
The trend toward transparency on corporate non-financial performance is gaining momentum and there are a number of frameworks, systems, and principles that help companies disclose information. A key requirement for making sustainability disclosure standard practice for companies and other organizations worldwide is harmonization between these guidance sources. more[...]
The Global Compact Differentiation Programme represents a new phase in the Global Compact transparency and disclosure policy, designed not only to improve transparency among smaller and less experienced participants, but also to stimulate continuous progress and performance improvement among the more advanced companies. The Programme is designed to provide incentives and recognition (based on self-assessment) for businesses at all levels to make meaningful progress towards a comprehensive implementation of the principles in governance, strategy and operations. more[...]
When joining the Global Compact, companies make a commitment to issue an annual Communication on Progress (COP), a public disclosure to stakeholders (e.g., investors, consumers, civil society and Governments) on progress made in implementing the ten principles of the UN Global Compact, and in supporting broad UN development goals. more[...]
Global interconnectivity lets consumer markets constantly grow together. Modern communication technologies accelerate this phenomenon: The brand image as well as the self-perception of any company lies in the hands of millions of people using social media or their buying power. more[...]
Safeguarding food supplies for a constantly growing world population will be among the most pressing problems of the future. Bayer is providing an innovative solution with the program “food chain partnership.” This business model supports the United Nations Millennium Development Goal of fighting poverty and hunger throughout the world and contributes to sustainable development. more[...]
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