"Markets can flourish only in societies that are healthy. And societies need healthy markets to flourish."
(H.E. Ban Ki-Moon, UN Secretary General)

The initiative seeks to combine the best properties of the UN, such as moral authority and convening power, with the private sector's solution-finding strengths, and the expertise and capacities of a range of key stakeholders. The Global Compact is global and local; private and public; voluntary yet accountable.

The benefits of engagement include the following:

  • Adopting an established and globally recognized policy framework for the development, implementation, and disclosure of environmental, social, and governance policies and practices.
  • Sharing best and emerging practices to advance practical solutions and strategies to common challenges.
  • Advancing sustainability solutions in partnership with a range of stakeholders, including UN agencies, governments, civil society, labour, and other non-business interests.
  • Linking business units and subsidiaries across the value chain with the Global Compact's Local Networks around the world — many of these in developing and emerging markets.
  • Accessing the United Nations' extensive knowledge of and experience with sustainability and development issues.
  • Developing specific know-hows.
  • Improving the company reputation and increasing the trust in the company.
  • Assuming a leading role in critical themes.
  • Developing a network with other organizations.
  • Understanding the financial needs and promoting the capital access.
  • Utilizing UN Global Compact management tools and resources, and the opportunity to engage in specialized workstreams in the environmental, social and governance realms.

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.