UN GLOBAL COMPACT BULLETIN
NEWS & UPDATES
- Campaign on Climate Change: Letter to Global Compact Participants
- Annual Local Networks Forum Convened
- Governments Reaffirm Importance of Principle-Based Business
- Notable Global Compact Disclosers Outperform Key Stock Index
- UN Delegates Briefed on Responsible Investment and Corporate Citizenship
- Experts Debate Responsible Investment in Conflict-Affected Countries
- World Day Against Child Labour Marked on 12 June
- Participant Status: New Signatories, COPs and Delistings
- Seal the Deal: Take Steps to Promote Effective Climate Agreement in Copenhagen
- CEO Letter on Anti-Corruption: Join the Campaign Today
- Human Rights Dilemmas: Engage in Online Solutions Forum
- Anti-Corruption Reporting Guidance: Participate in Field Test
- More Opportunities: GCLead Retreat, Caring for Climate, Vote Human Rights and more
- UN Global Compact Local Network Report 2008
- Business & Human Rights Special Supplement: HR News, Engagement, Resources, Events
- ILO Forced Labour Handbook: Letter to Global Compact Participants
- ILO Helpdesk
- Sustaining Business and Peace: Resource Pack for Small and Medium-Sized Enterprises
- Meeting Reports: Responsible Practices in the Downturn, Integrating CSR Into Public Policy
Online Discussion on Human Rights Impact Assessments (6-10 July, New York)
PRI in Person Annual Event (16–17 July, Sydney)
Meeting of Global Compact Board (24 July, New York)
4th Working Conference of the CEO Water Mandate (16-18 August, Stockholm)
2nd UN Private Sector Forum: Climate Change (22 September, New York)
GCLead Retreat – Crisis and New Scenarios for Global Compact Implementation (22–23 October,
Training Sessions on Human Rights and Adaptation to Climate Change for Global Compact
Companies (4-5 November 2009, Berlin)
3rd Session of the Conference of the States Parties to the United Nations Convention against
Corruption (9–13 November, Doha)
China-Japan-Korea Global Compact Local Networks Roundtable (12-13 November, Seoul)
B4E Business for Environment Global Summit 2010 (22–23 April, Seoul)
2010 Global Compact Leaders Summit (24–25 June 2010, New York)
Please visit the
on our website to learn more about the listed events, including intended audience and
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NEWS & UPDATES
1. Campaign on Climate Change: Letter to Global Compact Participants
Global Compact participants have demonstrated that the voice of business can be a force for
good. We need your help now to make a positive impact on global policy linked to climate change.
The Global Compact Office is a partner in an exciting global campaign for climate action:
the Deal! Please
the letter and learn how to lend your support.
2. Annual Local Networks Forum Convened
The 7th Global Compact Annual Local Networks Forum (9-10 June, Istanbul) featured a variety
of presentations and discussions between more than 300 delegates, covering a wide range of issues,
from network management to advancing the Global Compact's core issues. Network delegates from
nearly 80 countries agreed on a set of recommendations concerning the role of networks in
facilitating Communications on Progress, the engagement of micro- enterprises and civil society
organizations, and governance of networks.
3. Governments Reaffirm Importance of Principle-Based Business
Government leaders attending the UN Conference on the World Financial and Economic Crisis and
Its Impact on Development (24-26 June, New York) reaffirmed the need to root business in universal
values and principles, such as those promoted by the Global Compact. In a comprehensive outcome
document detailing the causes and impacts of the crisis and outlining possible responses and
actions to be taken, Heads of State and Government underscored the role of the Global Compact’s Ten
4. UN Delegates Briefed on Responsible Investment and Corporate Citizenship
The Global Compact and Principles for Responsible Investment (PRI) held a joint briefing
session for UN delegates (3 June, New York) to discuss the roles of responsible investment and
corporate citizenship in the wake of the financial crisis. Both initiatives have called for
business and investors to ensure that environmental, social and governance (ESG) factors are
incorporated into management of risks and opportunities.
5. Experts Debate Responsible Investment in Conflict-Affected Countries
Addressing the multi-faceted challenges associated with investments in high-risk settings,
more than 60 representatives of global businesses, institutional investors, asset managers and
civil society organizations met for an expert consultation hosted by the Global Compact (8 June,
Istanbul). The purpose of the meeting was to share knowledge, align expectations and improve
standards for due diligence, performance and compliance, so that risks of doing business in
conflict-affected environments may be anticipated, managed and reduced.
6. Notable Global Compact Disclosers Outperform Key Stock Index
RiskMetrics Group has released a study finding that Global Compact participants recognized as
“notable” sustainability reporters have outperformed a major stock market index over the past two
years. The group’s research found that publicly listed Global Compact participants with
Communications on Progress (COPs) that had been recognized as “notable” by the initiative have
consistently outperformed the MSCI World Index by an average of 7.3 percent since March 2007.
7. World Day Against Child Labour Marked on 12 June
Held amid growing concerns over the impact of the economic crisis on child labour,
and in particular girls, the World Day (12 June) celebrated progress made toward the elimination of
child labour, while at the same time urging governments, business and others to take action on
continuing challenges. For the World Day, the ILO released a report, “Give Girls a Chance: Tackling
child labour, a key to the future”, highlighting the exploitation of girls in child labour and
warning that the crisis could force more girls out of education and into labour.
8. Participant Status: New Signatories, COPs and Delistings
In June, 98 companies and 36 non-business stakeholders joined the Global Compact. 138
Communications on Progress (COPs) were received, and 31 companies were delisted for failing to
communicate on progress.
The largest companies (by employee number) to join during the month were: China Power Investment
Corporation (China), Intel Corporation (USA), Sharp Corporation (Japan), EBARA CORPORATION (Japan),
and TDC A/S (Denmark).
Total figures as of 30 June:
- Business participants: 5,206
- Non-business participants: 1,779
- COPs received: 5,816
- Delisted business participants: 923
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Opportunities are intended for Global Compact stakeholders unless otherwise indicated.
1. Seal the Deal!: Take Steps to Promote Effective Climate Agreement in Copenhagen
Seal the Deal! aims to galvanize political will and public support for reaching a
comprehensive global climate agreement at the UN Climate Change Conference (COP 15) in Copenhagen.
We hope that your organization will make a strong statement of support and help us take the message
to a wider audience, including those at the negotiating table. We are asking companies to: 1)
Develop a short CEO testimonial on why we must Seal the Deal!, 2) Raise public awareness through
marketing channels and 3) Responsibly lobby government.
on Seal the Deal!
2. CEO Letter on Anti-Corruption: Join the Campaign Today
The UN Convention against Corruption (UNCAC) seeks to promote and strengthen
measures to prevent and combat corruption. From a business perspective, UNCAC holds the potential
to become the global framework for combating corruption. It is critical that governments put in
place a mechanism to effectively review implementation of UNCAC. Chief executives are encouraged to
sign a letter of support drafted jointly with the International Chamber of Commerce, Transparency
International and the World Economic Forum PACI. Support for the letter by a large group of
companies will send a strong signal to the next Intergovernmental Working Group meeting which is
scheduled for 31 August 2009 and the Conference of States Parties in Doha in November 2009.
Read the CEO
To indicate your CEO’s willingness to add his or her name to the anti-corruption letter, please
send an email providing the company name, sector, country and CEO name to:
3. Human Rights Dilemmas: Engage in Online Solutions Forum
As part of the “Human Rights Dilemmas for Multinational Corporations in Emerging Markets”
project, this new online Solutions Forum aims to enhance understanding of human rights themes and
identify practical solutions for dilemmas facing businesses. Participate in an ongoing dialogue by
commenting on themes, suggesting additional dilemmas and offering solutions that will be added to
the site through 2010. The Solutions Forum is produced jointly by the Global Compact and
Join the Solutions Forum today at
4. Anti-Corruption Reporting Guidance: Participate in Field Test
A task force of the Global Compact Working Group on Anti-Corruption has developed a guidance
document providing thorough and consistent reporting techniques for anti-corruption matters across
companies. The guidance follows the anti-corruption management cycle from commitment to
implementation to monitoring. A field test of the Reporting Guidance on the 10th Principle is being
conducted on an anonymous basis through an online questionnaire. The main purpose is to test the
usefulness and user-friendliness of the guidance.
Please contact Olajobi Makinwa (email@example.com) by 15 July to express interest in participating
in the Field Test.
5. More Opportunities: GCLead Retreat, Caring for Climate, Vote Human Rights and
Many of the engagement opportunities announced in past issues of the Bulletin are still
View the full list of Engagement Opportunities
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1. United Nations Global Compact Local Network Report 2008: Takes stock of the
work of over 80 established and emerging networks around the world. Features statistics and case
examples on network governance, composition, activities, issues and communications.
2. Forced Labour Handbook: Letter to Global Compact Participants: Encourages all
participants to utilize an ILO resource to assist with the implementation of Global Compact
Principle 4, which addresses the elimination of all forms of forced and compulsory labour.
3. Business & Human Rights Special Supplement: Provides a focused update on
news, engagement opportunities, featured resources and events specific to Human Rights and
Business. The supplement was developed by the Human Right Working Group following its most recent
4. ILO Helpdesk: Provides a service to help company managers and employees both
understand the application of international labour standards and build good industrial relations.
The Helpdesk deals with questions relating to international labour standards and draws on guidance
from a wide range of declarations, conclusions, guidelines, tools and instruments.
To submit a question to the Helpdesk, send an email to
5. Sustaining Business and Peace: Resource Pack for Small and Medium-Sized
Enterprises: Assists SMEs in understanding how corporate responsibility strategies and
activities can contribute to peace and development. A joint International Alert-Global Compact
6. Meeting Reports:
- Responsible Practices in the Downturn: GCLead Webinar (12 May).
- Integrating CSR into Public Policy Initiatives: US Network Conference (13 May).
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Published 7 July 2009