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UN GLOBAL COMPACT BULLETIN

JUNE 2011

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UN Global Compact Annual Review 2010

The Annual Review 2010 reveals how and to what extent participating companies are implementing the ten principles, taking action in support of broader UN goals and engaging with the Global Compact locally and globally. At the center of the review are findings from the annual Global Compact Implementation Survey completed by 1,251 companies from 103 countries, assessing corporate sustainability policies and actions being taken from the boardroom through the supply chain. More Information.

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NEWS & UPDATES

1. First Private Sector Track Held during UN Conference on the Least Developed Countries

  • Companies Seek Stronger Role in Advancing World’s Poorest Nations, Issue Call to Action
  • UN Secretary-General Highlights Increased Need for Business Engagement in LDCs

2. Inaugural Global Compact Week Convenes Practitioners across Issues and Countries
3. Global Compact and Accenture Release Industry-Specific Sustainability Reports
4. Ethos Institute and Global Compact Launch "Clean Games" Anti-Corruption Project
5. UN Secretary-General Appoints New Global Compact Board Members
6. Participant Status: New Signatories, COPs and Delistings

 

ENGAGEMENT OPPORTUNITIES

1. Children’s Rights and Business Principles Consultation Process
2. IIRC Integrated Reporting Pilot Programme
3. More Opportunities: Low-Carbon Leaders Project, Fighting Corruption
 

FEATURED RESOURCES

1. Local Network Resources

  • Annual Local Network Report 2011
  • Local Network Toolkit

2. Least Developed Countries:

  • Partners in Development: How Donors Can Better Engage the Private Sector for Development in LDCs
  • Markets of the Future: The UN Global Compact in the Least Developed Countries
     

EVENTS

1. Human Rights and Labour Webinars (June – July, Online)
2. COP Differentiation: Achieving “GC Advanced” Level (21 June and 6 July, Online)

 

Event Calendar

June
Principles for Responsible Management Education Summit (7–8 Jun, Brussels)
COP Differentiation: Achieving “GC Advanced” Level (21 Jun and 6 Jul, Online)
Children’s Rights and Business Principles Initiative Briefing (16 Jun, Online)
Promoting Labour Standards through Corporate Social Responsibility: Instruments and Practices (20 – 24 Jun, Turin)
Disability in the Workplace and the ILO Global Business and Disability Network (29 Jun, Online)
Tool for Assessing and Managing Human Rights Impacts (30 Jun, Online)

July
Introduction to the Human Rights and Business Dilemmas Forum: Spotlight on Community Relocation (21 Jul, Online)

September
UN Private Sector Forum: Access to Sustainable Energy for All (20 Sep, New York)

 

Please visit the Event Calendar on our website to learn more about the listed events.

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NEWS & UPDATES

1. First Private Sector Track Held during UN Conference on the Least Developed Countries

  • Companies Seek Stronger Role in Advancing World’s Poorest Nations, Issue Call to Action
    The Private Sector Track (PST) of the Fourth United Nations Conference on the Least Developed Countries (LDC-IV) (9-13 May, Istanbul) convened over 500 corporate executives with leaders from Government, the UN and civil society to elevate the role of private sector investment in the sustainable development of the LDCs. It marked the first time that business was formally integrated into the programme of a major UN Conference.

    The week-long event was built around three components: (i) Global Business Partnership Forum, (ii) High-Level Meeting on Investment and Partnerships and (iii) Trade Fair.  The PST provided opportunities to identify concrete, action-oriented proposals to address LDC-specific challenges through sustainable private sector solutions. A Private Sector Statement was issued offering a series of recommendations to promote opportunity, growth and development in the LDCs. More. Read the Private Sector Statement.
  • UN Secretary-General Highlights Need for Business Engagement in LDCs
    Launching the Private Sector Track (PST), UN Secretary-General Ban Ki-moon stressed the importance of private sector engagement for the development and growth of the world’s poorest countries. He noted the increased interest by the business community to join in public-private partnerships in order to reduce poverty in the LDCs through job creation and investment in local communities. More. Read the full remarks.

2. Inaugural Global Compact Week Convenes Practitioners across Issues and Countries
Built around a series of practice-oriented workshops and sessions addressing common social and environmental issues relevant to business, Global Compact Week (16 – 20 May, Copenhagen) brought together nearly 500 representatives from the most active companies and organizations within the initiative. Global Compact Week featured meetings of issue-specific working groups, as well as the Annual Local Network Forum. More

During the week, the first Global Compact Annual Meeting was held. The meeting was designed for working-level representatives to share experiences across issues and countries – examining both their engagement in Global Compact groups and efforts within their own organizations to advance sustainability. The meeting helped practitioners develop a better sense of the linkages between the wide range of sustainability issues and identify the ways in which they can advance better performance in their own organizations. More.

3. Global Compact and Accenture Release Industry-Specific Sustainability Reports
Following a survey of over 800 CEOs, the Global Compact and Accenture have found differences in CEO perspectives on sustainability in different industries and significant gaps in the level of integration of sustainability already achieved in their companies (25 May, London/New York). Industry reports are now available for: Automotive, Banking, Communications, Consumer Goods, Energy, Infrastructure & Transportation, Utilities. More. Access the Industry-Specific Sustainability Reports.

4. Ethos Institute and Global Compact Launch "Clean Games" Anti-Corruption Project
The Ethos Institute and the Global Compact launched (2 May, São Paulo/New York) a US$ 3.1 million, five-year anti-corruption project "Clean Games Inside and Outside of the Stadium" (Jogos Limpos) to monitor public spending and to facilitate reporting of potential irregularities linked to the 2014 FIFA World Cup in Brazil and the 2016 Rio de Janeiro Olympics. More.

5. UN Secretary-General Appoints New Global Compact Board Members
The UN Secretary-General appointed two additional members to the UN's highest-level advisory body involving business and civil society (16 May, New York). The appointments of Mr. Fu Chengyu, Chairman of Board of China Petrochemical Corporation (Sinopec Group), and Mr. Li Decheng, Standing Vice President and Director General of China Enterprise Confederation/China Enterprise Directors Association, followed recommendations made by the Board’s Nominations Committee, tasked with the selection of candidates. More. Download full list of Global Compact Board Members.

5. Participant Status: New Signatories, COPs and Delistings
In May, 126 companies and 30 non-business stakeholders joined the Global Compact. 76 companies were delisted for failing to communicate on progress. The largest companies (by employee number) to join during the month were: Auchan (France), HCL Technologies Ltd. (India), Empresas ICA S.A.B. de C.V. (Mexico), Molex Incorporated (USA) and ROHM Co., Ltd. (Japan).

Total figures as of 31 May:

  • Business participants: 6,195
  • Non-business participants: 2,722
  • COPs received: 11,415
  • Delisted business participants: 2,393

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ENGAGEMENT OPPORTUNITIES

Opportunities are intended for Global Compact stakeholders unless otherwise indicated.

1. Children’s Rights and Business Principles Consultation Process
UNICEF, Save the Children and the Global Compact invite businesses to take an active role in developing a global set of business principles on children’s rights by offering their insight. A final version of the Principles will be developed based on the consultation input, and launched in November 2011. 

To participate in the consultation process, visit the Online Consultation Portal. The consultation period has been extended to 15 July 2011. For more information visit the Children’s Rights and Business Principles website or contact Anita Househam (childrensprinciples@unglobalcompact.org).

2. IIRC Integrated Reporting Pilot Programme
Integrated Reporting demonstrates the linkages between an organization’s strategy, governance and financial performance and the social, environmental and economic context within which it operates. By reinforcing these connections, Integrated Reporting can help business to take more sustainable decisions and enable investors and other stakeholders to understand how an organization is performing. By addressing the material issues for an organization, an Integrated Report should demonstrate in a clear and concise manner an organization’s ability to create and sustain value in the short, medium and longer term.

The International Integrated Reporting Committee is looking for leaders in the field of corporate reporting to pilot the draft International Integrated Reporting Framework. More information on the pilot programme. To indicate interest in participating, please contact Jerome Lavigne-Delville (lavigne@un.org). 

3. More Opportunities: Low-Carbon Leaders Project, Addressing Corruption
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. Local Network Resources

  • Annual Local Network Report 2011: Takes stock of Local Network achievements and highlights best practices being undertaken by networks around the world. Download.
  • Local Network Toolkit: Provides guidance for establishing, running and managing the day-to-day affairs of a Global Compact Local Network. The Toolkit is a compilation of information from various Global Compact tools and resources, as well as practical experiences from Local Networks gathered over the last several years. Download.

2. Least Developed Countries

  • Partners in Development — How Donors Can Better Engage the Private Sector for Development in LDCs: Explores how donors can effectively support public-private collaboration in order to attract sustainable investments and foster development in the Least Developed Countries.  Download.
  • Markets of the Future — The UN Global Compact in the Least Developed Countries: Explains how Global Compact participants are advancing and supporting development in the Least Developed Countries. The brochure captures best practices of participants and outlines Global Compact Local Network presence in these countries. Download.

Please visit the Tools and Resources webpage to access all material issued by the Global Compact and partners.

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EVENTS

1. Human Rights and Labour Webinars (June – July, Online)
– OPEN INVITATION – A number of webinars on a variety Human Rights and Labour topics will be convened over the next month. All Global Compact participants are encouraged to participate in these sessions:

2. COP Differentiation: Achieving “GC Advanced” Level (21 June and 6 July, 10:00am – 11:00am EDT, Online)
– OPEN TO GLOBAL COMPACT BUSINESS PARTICIPANTS – This webinar will give an overview of recent updates to the COP Policy and introduce the recently launched Differentiation Programme, with a special emphasis on the GC Advanced level. The webinar will cover the requirements for GC Advanced qualification and introduce the 24 criteria.

To register, please email cop@unglobalcompact.org with the following information: name, company, position, country, webinar date. Please register at least 3 days before the start of your preferred session.

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Published 10 June 2011