Corporate Social Responsibility and the UN Global Compact Report

This report provides a comprehensive overview of the United Nations Global Compact (UNGC), a voluntary initiative promoting sustainable development and good corporate citizenship. It details the UNGC's core principles, including human rights, labor standards, environmental protection, and anti-corruption measures. The report explains the value of participation, the Global Compact Performance Model, and the Communication on Progress (COP) process. It highlights the benefits of participation, such as integrating a commitment to responsible corporate citizenship, leadership commitment, and employee empowerment. The report also outlines the three steps of creating, sharing, and submitting a COP. Furthermore, it explores various partnerships and the impact of the initiative, showcasing data on improvements in areas like age verification, environmental disclosure, and anti-corruption policies. The report concludes by emphasizing the UNGC's role in fostering transparency and building trust among businesses and stakeholders.

Global Policies & Initiatives
Name
Date

 Organization’s website:
www.unglobalcompact.org
 Launched in 2000, the UN
Global Compact brings
business together
 With over 3,000 participating
companies from more than
100 countries, it is the world’s
largest voluntary corporate
citizenship initiative.
United Nations Global
Impact

 A voluntary initiative to promote sustainable
development and good corporate citizenship
 A set of values based on universally
accepted principles
 A network of companies and other
stakeholders
 A forum for learning and exchange of
experiences
The Global Compact IS ...

 Legally binding
 A means of monitoring company behavior
and enforcing compliance
 A standard, management system, or code of
conduct
 A regulatory body
 public relations channel
The Global Compact is
NOT ...

The Value of Participation

The Global Compact
Performance Model

 Businesses should support and respect the protection of
internationally proclaimed human rights;
 Make sure that they are not complicit in human rights abuses
 Businesses should uphold the freedom of association and the
effective recognition of the right to collective bargaining;
 The elimination of all forms of forced and compulsory labour;
 The effective abolition of child labour;
 The elimination of discrimination in respect of employment
and occupation.
Core Principles

 Vision: Integrating a commitment to responsible
corporate citizenship in the company’s vision.
 Leadership: A leadership commitment to improved
social and environmental performance is crucial in
effecting lasting change.
 Empowerment: Organizing, informing, showing,
motivating, training, rewarding, listening to,
consulting, and trusting staff so that they can play
their role in helping their organization achieve its
vision.
Summary

 Lies in both the creation of the report (internal
benefits) and in sharing it publicly (external benefits)
 Internal benefits
 Live up to a sustainable vision and strategy
 Supports efforts to identify business risks and opportunities
 Encourages internal information sharing
 External benefits
 Demonstrates active participation in the Global Compact
 Enhances stakeholder relations
 Improves corporate reputation and brand value
Communication on Progress
(COP)

 Step 1) Creating an annual Communication on
Progress
 A statement of continuing support
 A description of practical actions
 A measurement of outcomes
 Step 2) Sharing the COP with the company’s
stakeholders
 Step 3) Submitting the COP to the Global
Compact websitet
The Three Steps of Creating,
Sharing and Submitting a
COP

 The primary means for companies to engage
in the Global Compact is to make the
principles an integral part of their business
strategy and operation
 There are three main types of partnership:
 In advocacy and policy dialogue partnerships
 In social investment and philanthropy
partnerships,
 In core business partnerships,
Maximizing Intelligence

 15% Increase in mechanisms for age
verification
 8% Increase in monitoring &
evaluation of performance
 6% Increase in vocational training &
counseling
BUSINESS WORKING TOWARDS
HIGHER STANDARDS (2009-2013)