Who created the UN Global Compact?

Who created the UN Global Compact?

-General Kofi Annan
20 Years of the UN Global Compact Launched in 2000 by former UN Secretary-General Kofi Annan, the UN Global Compact was initiated to bring business and the United Nations together to give a human face to the global market.

What is the purpose behind the ten principles of the UN Global Compact?

By incorporating the Ten Principles of the UN Global Compact into strategies, policies and procedures, and establishing a culture of integrity, companies are not only upholding their basic responsibilities to people and planet, but also setting the stage for long-term success.

What are the operating principles of the UN?

Principle 1: Support and respect the protection of internationally proclaimed human rights. Principle 2: Ensure that business practices are not complicit in human rights abuses. Principle 3: Uphold the freedom of association and the effective recognition of the right to collective bargaining.

How successful is the UN Global Compact?

In fact, research shows that so far, the UNGC is accomplishing exactly what it set out to do and is producing impactful results. The UNGC’s 10 principles are effective because these goals help companies hone in on the sustainability risks and considerations that should be top of mind for all businesses.

Why is UN Global Compact?

The UN Global Compact provides a universal language for corporate responsibility and provides a framework to guide all businesses regardless of size, complexity or location. We’re your guide every step of the way. We’ll help you commit to, assess, define, implement, measure and communicate your sustainability strategy.

What are the 10 principles of development?

ADVERTISEMENTS: This article throws light upon the ten important principles of human growth and development. The principles are: 1. Development is Continuous 2. Development is Gradual 3. Development is Sequential 4. Rate of Development Varies Person to Person 5. Development Proceeds from General to Specific 6.

What are the 10 sustainable development principles?

Principles of Sustainable Development

  • Conservation of Ecosystem.
  • Sustainable Development of Society.
  • Conservation of Biodiversity.
  • Population Control.
  • Conservation of Human Resource.
  • Increase in Peoples’ Participation.
  • Conservation of Cultural heritage.
  • Included within Carrying Capacity of Earth.

What are the ten principles of the UN Global Compact?

By incorporating the Ten Principles of the UN Global Compact into strategies, policies and procedures, and establishing a culture of integrity, companies are not only upholding their basic responsibilities to people and planet, but also setting the stage for long-term success.

What are the ten principles of human rights?

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.

What are the three principles of the UNGC?

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. Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;