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Strategic Linkages to Global Compact Partners and Stakeholders

Global Compact LEAD will provide unique opportunities to engage with strategic partners and stakeholders of the Global Compact. The following describes how Global Compact LEAD will provide strategic linkages with UN entities, investors and business schools.

Engagement with UN Agencies, Funds and Programs

One of the key dimensions of the Leadership Blueprint is “Taking Action in Support of Broader UN Goals and Issues”, including in partnership with UN entities. An immediate priority of Global Compact LEAD will be to facilitate the implementation of that dimension.

To this end, LEAD will seek strong involvement of relevant UN entities in the development and execution of new collective action initiatives. LEAD will also seek relevant UN participation in working groups and other events of the program.

The Global Compact Office will offer LEAD members an exclusive opportunity to provide input and recommendations as to how the UN system can collaborate more effectively and efficiently with the private sector. This will include an invitation for LEAD members to participate in future processes to develop normative frameworks for business, like the Women’s Empowerment Principles.

Finally, LEAD will also broker relations between individual LEAD members and the various UN Agencies, Funds and Programs that work with private sector. The LEAD platform does not link in any way to UN procurement procedures and policies.

Collaboration with Investors

The Principles for Responsible Investment (PRI) is a sustainability initiative for mainstream investors, co-launched by the Global Compact in partnership with the UNEP Finance Initiative. Currently, over 800 investors are signatories to the PRI, representing over USD 20 trillion in assets under management across 36 countries. All signatories support six principles of responsible investment that promote the inclusion of environmental, social and governance issues in investment analysis and decision-making.

To further the materiality of advanced corporate sustainability, LEAD will offer its members a unique opportunity to engage and collaborate with signatories of PRI to inform the development of investor criteria for evaluation of sustainability performance.

Members of LEAD will be featured in tailored reports and other communications to all signatories of the PRI, obtaining unique exposure with a global investor group that is keen to delivering the potential of corporate sustainability.

Access to Business Schools

More than 300 leading business schools from around the world participate in the Principles for Responsible Management Education (PRME), and they have a great appetite for the latest trends and leadership practices related to corporate sustainability.

Numerous linkages will be made between LEAD and leading business schools participating in PRME.

For the faculty and students of business schools that are part of the PRME, LEAD constitutes an unprecedented group of leadership companies to study and interact with, and plans for linking LEAD with the PRME include the following:

  • Academic experts from the PRME network will be invited to participate and provide expert input and/or assessment to relevant symposia and working groups of LEAD
  • PRME signatories will pursue research topics related to corporate sustainability and linked to the LEAD agenda.
  • LEAD will explore the development of a platform for researchers and students to provide feedback to LEAD members on their Communications on Progress.
  • Further, LEAD will facilitate exposure of LEAD members to faculty and students of leading business schools through presentations at MBA programs, seminars etc.

Contact

lead@unglobalcompact.org

(Last Update 7 December 2010)