There is now a critical mass of institutional investors who believe management of corporate responsibility is important to the long-term financial success of their investments. Hundreds of investors are now integrating a range of environmental, social, and corporate governance (ESG) issues in decision-making processes, as well as in the ongoing dialogue they have with investee companies. more[...]
On this, the UN Global Compact’s 10th anniversary, I am delighted to extend my congratulations and contribute to the Global Compact International Yearbook 2010. The UN Global Compact has for 10 years worked to ensure that markets, commerce, technology, and finance advance in ways that benefit economies and societies around the world. more[...]
Ten years ago, when the UN Secretary-General initiated the Global Compact in New York, no one expected to see the global economic developments that we face today. And today, when we are battling the consequences of the global economic crisis, we must respect the ten principles of the Global Compact more than ever and promote them internationally. more[...]
It took its time but the Global Compact has become increasingly important in the Middle East and North Africa (MENA) over the last couple of years. UNGC spokesperson Matthias Stausberg explains in our interview that the understanding of Corporate Social Responsibility (CSR) as a value driver is typical for the whole region. more[...]
In just 20 years, the countries of the Gulf Cooperation Council (GCC) have transformed themselves from deeply traditional nations that depended largely on oil revenues to booming metropolises with rapidly growing and diversified economies. The transformation – especially in the United Arab Emirates (UAE) has been staggering; once home to a small and tight knit society, the UAE today boasts over 202 different nationalities, making it one of the most diverse nations in the world. more[...]
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