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Partnerships for sustainability: UNEP and the Global Compact

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UNEP Division of Technology, Industry and Economics(DTIE) ... Kofi Annan. DIVISION OF TECHNOLOGY, INDUSTRY AND ECONOMICS. The Global Compact. Vision: ... – PowerPoint PPT presentation

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Title: Partnerships for sustainability: UNEP and the Global Compact


1
  • Partnerships for sustainability UNEP and the
    Global Compact
  • Cornis van der Lugt
  • UNEP Division of Technology, Industry and
    Economics(DTIE)
  • Presentation at R.I.O Management Forum 2001
  • Luzern,
  • 27 November 2001

DIVISION OF TECHNOLOGY, INDUSTRY AND ECONOMICS
2
The Global Compact
  • Shared Values for the Global Market
  • Promoting Responsible Global Citizenship
  • lets choose to unite the powers of markets
    with the authority of universal ideals. Let us
    choose to reconcile the creative forces of
    private entrepreneurship with the needs of the
    disadvantaged and the requirements of the future
    generations

  • Kofi Annan

3
The Global Compact
  • Vision
  • To work towards a more stable and inclusive
    global market by encouraging the international
    business community to build universal principles
    into its strategic vision and daily practices

4
The Global Compact
  • Nine principles
  • human rights (HCHR)
  • labour (ILO)
  • environment (UNEP)

5
The Global Compact
  • environment
  • - support a precautionary approach to
  • environmental challenges
  • - undertake initiatives to promote greater
  • environmental responsibility and
  • - encourage the development and diffusion of
  • environmentally friendly technologies

6
The Global Compact
  • Strategic goals
  • make the nine principles of the Global Compact
    part of corporate activity everywhere
  • offer a platform for dialogue and action in
    support of the nine principles and broad UN goals

7
The Global Compact
  • Approach
  • expanding the circle of companies
  • advancing effective application of the principles
    through
  • promoting cooperation between business, labour
    and civil society organisations
  • encouraging innovation and experimentation
  • sharing experiences
  • communicating results and reporting
  • not an endorsement of companies

8
The Global Compact
  • Indicators of success
  • international business community embracing the
    nine principles
  • corporate transparency through reporting
  • strengthening UN capacity to work and undertake
    joint efforts with business community and other
    social partners

9
The Global Compact
  • a partnership between the UN and business
  • labour and NGOs involved to help strengthen roots
    of Compact, in particular by
  • discussing company submissions
  • participating in thematic dialogues
  • joining companies in partner projects with UN

10
UNEPs contribution to the Global Compact
  • Voluntary Initiatives in various industry sectors
  • Engaging stakeholders a programme to build
    multistakeholder dialogue
  • Global Reporting Initiative
  • Reaching out to industry associations
  • its not just desirable for business to get
    involved in
  • the quest for sustainability, it is essential

  • Klaus Töpfer

11
UNEPs contribution
  • Voluntary Initiatives
  • Financial Services Initiatives
  • Financial Institutions
  • Insurance
  • Tour Operators Initiative
  • Advertising Initiative
  • Mobility Forum
  • Global e-Sustainability Initiative

12
UNEPs contribution
  • Current activities of the Voluntary Initiatives
  • Finance Initiatives
  • Latin American and African Roundtables, followed
    by Global Roundtable, Rio, March 2002
  • Tour Operators Initiative for Sustainable
    Development GRI reporting indicators
    development
  • Global e-Sustainability Initiative
  • launched on WED, 5 June 2001 two new members
    welcomed at 1st AGM in New York, Nov 2001

13
UNEPs contribution
  • Current activities of the Voluntary Initiatives
  • Advertising and Communication Forum
  • launch planned for 2002
  • Mobility Forum working groups on GRI indicators
    and WSSD industry sector report
  • Cyanide Code multistakeholder effort to develop
    code for cyanide management in gold mining
  • Others Agrifood Forum, Mineral Resources Forum,
    Oil Gas Environment Forum

14
UNEPs contribution
  • Engaging stakeholders
  • to promote company reporting of environmental
    performance and achievements
  • drivers for disclosure - pressures to
  • satisfy communities / individuals right to know
    about impacts which directly affect them
  • improve company performance by measuring and
    publicly reporting
  • demonstrate corporate accountability
  • enable aggregation of emissions levels and
    resource use
  • add shareholder value
  • report contribution to sustainability

15
UNEPs contribution
  • Engaging stakeholders
  • Shareholder value - link between
    environmental social performance, and
    commercial financial performance
  • companys reputation and brand
  • eco-efficiency benefits
  • risk reduction benefits
  • new markets
  • strategic anticipation of regulations
  • promotion of stability and prevention of shocks
    by building relationships with external
    stakeholders

16
UNEPs contribution
  • Engaging stakeholders
  • The business case for corporate sustainability
  • Overall, SD performance has a positive impact on
    business success
  • Of various measures of business success, brand
    value and reputation appears to be most
    positively linked to corporate SD performance
  • The business case can be developed without having
    to exclusively rely on indirect or intangible
    measures of business success.

17
UNEPs contribution
  • Global Reporting Initiative
  • convened by Coalition for Environmentally
    Responsible Economies (CERES) and UNEP
  • established in 97 to design globally applicable
    guidelines for preparing enterprise-level
    sustainability reports
  • June 2000 - revised Guidelines published
  • 2001 regional outreach, sectoral revision of
    Guidelines, structured feedback, preparations for
    permanent GRI institution

18
UNEPs contribution
  • Outreach to industry associations, consulting
    with private sector and non-corporate
    stakeholders
  • UNEP Consultative Meeting with Industry
    Associations - annual event in Paris
  • preparations for WSSD/Rio10, in cooperation with
    fellow UN agencies and NGOs

19
Global Compact and other global instruments
  • Voluntary efforts to promote corporate
    citizenship and sustainability
  • Complementary between efforts, different
    approaches
  • Specific features of the Global Compact
  • global all parts of the world, MNEs and SMEs
  • focussed three core areas
  • network-based
  • NGO involvement / multistakeholder process

20
  • For more information, visit
  • www.globalcompact.org
  • www.uneptie.org
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