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UN GLOBAL COMPACT BULLETIN

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JULY 2009

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NEWS & UPDATES

  1. Campaign on Climate Change: Letter to Global Compact Participants
  2. Annual Local Networks Forum Convened
  3. Governments Reaffirm Importance of Principle-Based Business
  4. Notable Global Compact Disclosers Outperform Key Stock Index
  5. UN Delegates Briefed on Responsible Investment and Corporate Citizenship
  6. Experts Debate Responsible Investment in Conflict-Affected Countries
  7. World Day Against Child Labour Marked on 12 June
  8. Participant Status: New Signatories, COPs and Delistings

ENGAGEMENT OPPORTUNITIES

  1. Seal the Deal: Take Steps to Promote Effective Climate Agreement in Copenhagen
  2. CEO Letter on Anti-Corruption: Join the Campaign Today
  3. Human Rights Dilemmas: Engage in Online Solutions Forum
  4. Anti-Corruption Reporting Guidance: Participate in Field Test
  5. More Opportunities: GCLead Retreat, Caring for Climate, Vote Human Rights and more

FEATURED RESOURCES

  1. UN Global Compact Local Network Report 2008
  2. Business & Human Rights Special Supplement: HR News, Engagement, Resources, Events
  3. ILO Forced Labour Handbook: Letter to Global Compact Participants
  4. ILO Helpdesk
  5. Sustaining Business and Peace: Resource Pack for Small and Medium-Sized Enterprises
  6. Meeting Reports: Responsible Practices in the Downturn, Integrating CSR Into Public Policy Initiatives

EVENTS

July
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)

August
4th Working Conference of the CEO Water Mandate (16-18 August, Stockholm)

September
2nd UN Private Sector Forum: Climate Change (22 September, New York)

October
GCLead Retreat – Crisis and New Scenarios for Global Compact Implementation (22–23 October, New York)

November
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)

April 2010
B4E Business for Environment Global Summit 2010 (22–23 April, Seoul)

June 2010

2010 Global Compact Leaders Summit (24–25 June 2010, New York)


Please visit the
Event Calendar on our website to learn more about the listed events, including intended audience and availability.

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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: Seal the Deal! Please read 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. More.

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 Principles. More.

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. More.

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. More.

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. More

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. More.

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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ENGAGEMENT OPPORTUNITIES

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. More 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. More information. Read the CEO Letter.

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: uncac-letter@unglobalcompact.org.

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 Maplecroft.

Join the Solutions Forum today at http://human-rights.unglobalcompact.org

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 (makinwa@un.org) by 15 July to express interest in participating in the Field Test.

5. More Opportunities: GCLead Retreat, Caring for Climate, Vote Human Rights and more
Many of the engagement opportunities announced in past issues of the Bulletin are still active. View the full list of Engagement Opportunities

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FEATURED RESOURCES

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. Download.

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. Read Letter. Download handbook.

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 meeting. Download.    

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. More Information. To submit a question to the Helpdesk, send an email to ASSISTANCE@ILO.ORG.

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 publication. Download.

6. Meeting Reports:
  • Responsible Practices in the Downturn: GCLead Webinar (12 May). Download.
  • Integrating CSR into Public Policy Initiatives: US Network Conference (13 May). Download.


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Published 7 July 2009