What are the 4 UN Global Compact domains?
The UN Global Compact is a principle-based framework for businesses, stating ten principles in the areas of human rights, labor, the environment and anti-corruption.
What does the UN Global Compact do?
The United Nations Global Compact is a strategic initiative that supports global companies that are committed to responsible business practices in the areas of human rights, labor, the environment, and corruption.
Who created the 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.
How many companies have signed the UN Global Compact?
The UN Global Compact encourages you to create a culture of integrity across your business or organization, from strategy to operations. More than 9,500 participating companies and 3,000 non-business participants have already embraced the commitments of the UN Global Compact.
How many principles are there in Global Compact principles?
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 6 principles of the United Nations?
The United Nations has six principal organs: the General Assembly, the Security Council, the Economic and Social Council, the Trusteeship Council, the International Court of Justice, and the Secretariat.
Is the Global Compact legally binding?
The global compacts are not legally binding. Although the months of negotiations behind their creation and the various iterations of their commitments resembled a treaty‑making process, they are not international conventions.
How much does it cost to join UN Global Compact?
Additional attendees are welcome to attend, but will be charged the Global Compact Non-Business rate of 550 USD. By default, the complimentary registration is designated to each Local Network Representative.
Is the UN Global Compact A UN agency?
The Global Compact works with entities across the UN system to mainstream the Ten Principles into how they engage with the private sector as well as their own internal UN operations….Collaborating with UN entities to advance the Global Compact.
| Area of Focus | UN Entity |
|---|---|
| Labour | International Labour Organization (ILO) |
Is UN Global Compact free?
The UN Global Compact is a voluntary initiative, and signatories are free to end their participation at any time.
Why do companies join the United Nations Global Compact?
Why you should join us. 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.
What is the Global Compact what are some of its key principles?
The UN Global Compact is a call to companies to align their strategies and operations with ten universal principles related to human rights, labour, environment and anti-corruption, and take actions that advance societal goals and the implementation of the SDGs.