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 The UN Global Compact: For a Sustainable Economy
Sustainability | 27.01.2017

Shaping globalization socially and environmentally

The UN Global Compact: A Vision for an Inclusive and Sustainable Global Economy

The UN Global Compact: For a Sustainable Economy. The biggest CSR initiative in the world: the UN Global Compact.
The biggest CSR initiative in the world: the UN Global Compact.
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The Global Compact, or the United Nations Global Compact, is a worldwide pact made between companies and the UN to make globalization more socially and environmentally friendly. It was introduced to all interested corporate leaders by UN General Secretary Kofi Annan in a 1999 speech at the World Economic Forum in Davos.

On the basis of its ten universal principles, it pursues a vision for an inclusive and sustainable global economy for the benefit of all people, communities and markets. These ten principles include human rights, labor standards, environmental protection and fighting corruption.

UN Global Compact: Forum for Change

The International Chamber of Commerce (ICC) was the first – and for a long time the only – economic partner to pick up this initiative. Since then over 13,000 companies and organizations from civil society, politics and the scientific community in 170 countries have joined the pact.

The initiative is not a certifiable standard; instead, it considers itself an open forum to initiate processes for change and to share ideas. The national networks in which participants work together to implement the pact address specific problem-solving solutions. You can find all of the information on the UN Global Compact here >>>

Dr. Regina Henkel (Quelle: Dr. Regina Henkel)
Article by Dr. Regina Henkel, editor
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