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Frequently Asked Questions

  1. What is Business for Peace (B4P)?
  2. Who developed B4P?
  3. Who can join B4P?  How?
  4. Does my company need to be a member of the UN Global Compact in order to sign the B4P Statement of Support?
  5. How did B4P select its participating Local Networks?
  6. What is the Statement of Support for B4P?
  7. Which companies have signed the B4P Statement of Support?
  8. Once a company signs, how can it become involved and get assistance to develop conflict-sensitive approaches and programmes for peace?
  9. Is there a financial commitment associated with signing the B4P Statement of Support?
  10. Are there reporting and disclosure requirements associated with B4P?
  11. What happens if there is a change in company leadership?
  12. How can civil society leaders and other non-corporate stakeholders support for B4P?
  13. How does B4P engage with other Global Compact issue platforms and initiatives?
  14. What is the Business for Peace Annual Event?

 
1. What is Business for Peace (B4P)?

Business for Peace is a leadership platform that assists companies implementing responsible business practices that are aligned with the United Nations Global Compact principles in conflict-affected/high-risk areas. The platform also seeks to catalyze collaborative practical action to advance peace in the workplace, marketplace and in local communities. B4P is designed to encourage these activities by mobilizing corporate engagement and actions that help to build strong economies and prosperity, establish more stable and just societies, foster tolerance, create trust, and support intercultural and interfaith understanding. This platform will help to drive a global learning journey that fosters greater understanding about the role of responsible business in conflict-affected/high-risk areas, while also galvanizing action and enhancing the positive impact that business can have in these complex environments. Learn more.

2. Who developed B4P?

B4P builds on over a decade of Global Compact engagement to enhance the positive role of business in conflict-affected/high-risk environments. Since 2000 the Global Compact has collaborated with various stakeholders to provide companies with guidance on how to advance corporate sustainability within their strategies and operations when operating in conflict-affected/high-risk areas.  

In 2013 the Global Compact held a series of consultations with a range of stakeholders including its Local Networks, companies, investors, UN bodies, and civil society organizations. This multi-stakeholder consultation series resulted in the creation of B4P. B4P is characterized by the active engagement of Local Networks as a constructive means to enable business to become an increasingly transformative force in achieving a shared, secure, and sustainable future in complex environments.

Launched by the UN Secretary-General at the triennial UN Global Compact Leaders Summit on 20 September 2013 in New York, the platform engages companies and Local Networks to mobilize actions that contribute to peace around the world. Learn more.

3. Who can join B4P?  How?

Business for Peace is an effort to galvanize a broad movement of business engagement and local actions for peace, all stakeholders are invited to participate in, or support, the initiative.

B4P has a special emphasis on companies, business associations, and Local Networks. These types of organizations can join the platform by submitting the B4P Statement of Support signed by a senior-level executive. Learn more.

Following are some of the ways that organizations from academia, civil society, Governments, foundations, inter-governmental organizations, investors, labour, and other sectors are invited to support B4P:

  1. Collaborate and support Local Networks in B4P by contributing knowledge and expertise on specific issues, participating in multi-stakeholder and policy dialogue;
  2. Join and/or propose partnership projects;
  3. Analyze and review Communications on Progress and provide feedback and guidance in the spirit of continuous improvement;
  4. Have experts and practitioners attend global, regional, and local dialogues to bring their unique perspectives, expertise, and capacities. Learn more.

4. Does my company need to be a member of the UN Global Compact in order to sign the B4P Statement of Support?

Any company larger than a micro-enterprise (ten or more employees) committed to advancing peace can join B4P. Although it is expected that companies will be UN Global Compact participants, any who are not will have one year to become a UN Global Compact participant.  Learn more.

For information on how to join the Global Compact, please see the information located here or contact B4P (business4peace@unglobalcompact.org).

5. How did Business for Peace select its participating Local Networks?

Recognizing that local ownership and knowledge are vital to driving change, B4P has adopted a locally-driven approach with Global Compact Local Networks playing a central role. As such Local Networks choose to participate in the platform, rather than the Global Compact selecting certain Local Networks to participate.  

B4P is the first Global Compact platform that Global Compact Local Networks can join through a public commitment, alongside individual companies. There are currently 17 Local Networks from around the world that have joined. Learn more.

6. What is the Statement of Support for B4P?

The Statement of Support for B4P offers business leaders an opportunity to highlight their support for the overall goal of advancing peace in the workplace, marketplace, and local communities. It also provides a platform for corporate executives to encourage their peers to join and begin collaborating on issues of material importance to their operations. B4P is a voluntary framework and resource for companies dedicated to advancing peace. Signing the Statement of Support does not constitute any type of binding obligation. Rather signatories to B4P are making a public acknowledgment that working for peace is not just the right thing to do—it is also good for business

Through the “Commit, Act, Report” model of company engagement highlighted in the Statement of Support companies can ensure their activities are consistent with the Global Compact ten principles and international standards, engage in projects expected to make a contribution to peace and demonstrate their progress publically. The B4P team will provide support, tools, and resources to assist companies, business associations, and Local Networks that join B4P. Learn more.

7. Which companies have signed the Statement of Support?

The current list of signatories is available here.

8. Once a company signs, how can it become involved or get assistance to develop conflict-sensitive approaches and programmes for peace?

As indicated in the Statement of Support, business leaders are encouraged to use the recommendations in the Guidance on Responsible Business in Conflict-Affected and High-Risk Areas: A Resource for Companies and Investors to shape their business policies and operations in complex environments. The Global Compact and participating B4P Local Networks will provide opportunities for companies and other stakeholders to share experiences, expertise, and knowledge and to work together as a community of practice. On the occasion of International Peace Day, the Global Compact will host an annual B4P event in cooperation with a participating Local Network. The first annual event will take place in Istanbul, Turkey on 29-30 September 2014.  

9. Is there a financial commitment associated with signing the B4P Statement of Support?

Business for Peace is a leadership platform available to all free of charge.

10. Are there reporting and disclosure requirements associated with signing the B4P Statement of Support?

Companies that join B4P commit to annually report on efforts to integrate the ten principles into its operations in complex environments along with other contributions made to advance peace.  Global Compact participants can do so through their Communications on Progress, while non-Global Compact participants in B4P can do so by submitting their annual sustainability report to the B4P team. All participants are strongly encouraged to set specific benchmarks and targets to track progress. Companies are also invited to participate in Global Compact consultations as well as any other dialogue and learning opportunities on operating in high-risk and conflict-affected areas.

11. What happens if there is a change in company leadership?

If a new CEO is appointed to the company, it is assumed that they will carry on the work of their predecessor and uphold the company's commitment to advance peace in the workplace, marketplace, and local communities. Therefore, it is not necessary to fill out a new Statement of Support.

However, when a change in leadership takes place, we ask that notification be sent to the B4P team so that the company list can be updated accordingly. Of course, if a new leader would like to sign the Statement of Support to reaffirm the company's commitment to the goals of B4P, and provide a new leadership quote, she/he is welcome to do so.

12. How can civil society leaders and other non-corporate stakeholders demonstrate their support for B4P?

While the B4P Statement of Support is strictly for signature by leaders of corporate entities, business associations, and Global Compact Local Networks, interested civil society leaders - including heads of non-governmental organizations and academic institutions - are invited to demonstrate their support for B4P. These stakeholders are encouraged to make B4P a part of its programmatic approach to engagement with the private sector, as well as with government leaders, the UN and other advocates.
Following are some of the ways that organizations from academia, civil society, Governments, foundations, inter-governmental organizations, investors, labour, and other sectors are invited to support B4P:

  1. Collaborate and support Local Networks in B4P by contributing knowledge and expertise on specific issues, participating in multi-stakeholder and policy dialogue;
  2. Join and/or propose partnership projects;
  3. Analyze and review Communications on Progress and provide feedback and guidance in the spirit of continuous improvement;
  4. Have experts and practitioners attend global, regional, and local dialogues to bring their unique perspectives, expertise, and capacities. Learn more.

13. How does B4P engage with other Global Compact issue platforms and initiatives?

The B4P team works in close coordination with other Global Compact issue teams to raise awareness of conflict-sensitive business practices and its interaction with other topics (e.g. human rights, water). Further, B4P reinforces and builds off of existing Global Compact workstreams. B4P also relies upon its participating Local Networks to understand which issues are most vital – within regional, national, and local contexts – for peace. On a case-by-base basis, as local priorities for peace are identified, B4P will coordinate with relevant Global Compact issue teams to drive specific activities forward.

14. What is the Business for Peace Annual Event?

On the occasion of International Peace Day, the Global Compact will host an annual B4P event in cooperation with a participating Local Network. This event will bring together leaders from business, government, Global Compact Local Networks, civil society and other core stakeholders to inspire B4P participants to engage in dialogue, share best practices and identify opportunities among the range of sustainability issues that contribute to peace.  

B4P’s first annual event will take place in Istanbul, Turkey on 29-30 September 2014. 

 

Contact

business4peace@unglobalcompact.org

(Last updated: 4 March 2014)