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Advancing Corporate Citizenship In the World Economy

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Principle 3: Businesses should uphold the freedom of association and the ... Secretary-General Kofi Annan. www.unglobalcompact.org. Appendix. Corporate Citizenship ... – PowerPoint PPT presentation

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Title: Advancing Corporate Citizenship In the World Economy


1
Advancing Corporate Citizenship In the World
Economy
2
Convergence
Business
United Nations
Values
Development
Prosperity
Peace
3
The UN Global Compact
  • A corporate social responsibility initiative
  • CEO-leadership
  • Voluntary
  • Based on 10 universal principles
  • Human Rights
  • Labour Conditions
  • Environment
  • Anti-Corruption
  • A multi-stakeholder platform

4
Multi-StakeholderPower of Collective Action
Business
Labour
Civil Society
Governments UN
5
The Ten Principles
  • 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.  
  • Labour Standards
  • Principle 3 Businesses should uphold the freedom
    of association and the effective recognition of
    the right to collective bargaining
  • Principle 4 the elimination of all forms of
    forced and compulsory labour
  • Principle 5 the effective abolition of child
    labour and
  • Principle 6 the elimination of discrimination in
    respect of employment and occupation.  
  • Environment
  • Principle 7 Businesses should support a
    precautionary approach to environmental
    challenges
  • Principle 8 undertake initiatives to promote
    greater environmental responsibility and
  • Principle 9 encourage the development and
    diffusion of environmentally friendly
    technologies.   
  • Anti-Corruption
  • Principle 10 Businesses should work against all
    forms of corruption, including extortion and
    bribery. 

6
The Objectives
  • Make the 10 principles part of business strategy,
    operations and culture everywhere
  • Facilitate partnerships toward UN goals MDGs
  • Vision
  • Sustainable and inclusive global economy

7
The GC Performance ModelPolicies and
Implementation
8
Global Compact Growth
As of March 2006 Approximately 2,900
9
Global Compact Sectors
10
Global Compact Regions
11
Country Networks
12
Value Through Engagement
  • Global-Local Policy Dialogues, Workshops and
    Summits
  • Business and Conflict
  • HIV/AIDS in the Workplace
  • Business and Development
  • Transparency/Anti-Corruption
  • Business and Human Rights
  • CSR to Attract Financial Capital New York, May
    2006
  • Business and MDGs Vienna, June 2006
  • Business as Agent for World Benefit Cleveland,
    October 2006
  • Peace Through Commerce Notre Dame, November
    2006
  • International Learning Forum in Africa Ghana,
    November 2006
  • Triennial Leaders Summit June 2007

13
Value Through Engagement
  • Country Network Activities
  • Approximately 50 networks
  • Local business, MNC subsidiaries, civil society,
    gov.
  • Learning-dialogue best practices
  • Communications on Progress
  • Partnership projects

14
Value Through Engagement
  • Practical Tools Resources
  • Raising the Bar Creating Value with the Global
    Compact
  • Embedding Human Rights in Business Practice
  • A Guide to Implementing Human Rights Into
    Business Management
  • Business Against Corruption A Framework for
    Action
  • Global Compact Environmental Training Package
  • Conflict-Sensitive Business Practices
  • Who Cares Wins Connecting Financial Markets

15
Accountability and Transparency
  • Communication on Progress Policy
  • Expected yearly
  • Implementation of ten principles
  • Use of metrics GRI or other
  • Annual or CSR report
  • Links to GC website

16
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17
Overall Business Benefits
  • Global Compact Organizing CSR strategy
  • 10 Principles are universal social legitimacy
  • Manage globalizations new risks/opportunities
  • Collaborate with businesses, NGOs, labour,
    Governments, UN
  • Make societies and markets more sustainable and
    equitable

18
  • Let us choose to unite the power 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 future
    generations
  • Secretary-General Kofi Annan

19
www.unglobalcompact.org
20
Appendix
21
Corporate Citizenship
Long - Term Investment
Risks Opportunities
Short - Term Costs
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