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UN GLOBAL COMPACT BULLETIN

NOVEMBER 2010

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NEWS & UPDATES

1. Global Compact Introduces Differentiation Framework for Performance and Disclosure
2. Principles for Responsible Investment Forum Attracts Record Attendance
3. Local Network New & Updates:

  • European Networks Strengthen Collaboration
  • Regional Network Launched in South East Asia
  • Global Compact Launched in Trinidad and Tobago
  • South African Companies Urged to Integrate Sustainability into Practices

4. Environment News & Updates:

  • Global Business Leaders Commit to a Low-Carbon Future
  • “Business Action for Sustainable Development 2012” Coalition Formed
  • Caring for Climate Steering Committee Established

5. Participant Status: New Signatories, COPs and Delistings

ENGAGEMENT OPPORTUNITIES

1. Responsible Business in Conflict-Affected and High-Risk Areas: Pilot Project
2. Low-Carbon Leaders Project: Call for Submissions and Feedback
3. More Opportunities: CEO Statement in Support of the Women’s Empowerment Principles, Ending Human Trafficking, and more

FEATURED RESOURCES

1. UN Global Compact Leaders Summit 2010 – Summary Report
2. Blueprint for Corporate Sustainability Leadership – Now available in all UN languages
3. UN Private Sector Forum on the Millennium Development Goals – Meeting Report

EVENTS

1. Guidance on Responsible Business in Conflict-Affected and High-Risk Areas (11 November, Webinar) – OPEN EVENT
2. World Climate Summit (4-5 December, Cancun) – OPEN EVENT


 
Event Calendar

November
1st Asian Forum on Principles for Responsible Management Education (5 Nov, Seoul)
Guidance on Responsible Business in Conflict-Affected and High-Risk Areas (11 Nov, Webinar)
Global Compact Regional Meeting: Latin America and the Caribbean (15-16 Nov, Asuncion)
CEO Water Mandate's Sixth Working Conference (15-17 Nov, Cape Town)
Human Rights Working Group Meeting (17 Nov, London)
Global Compact Board Meeting (19 Nov, New York)

December
World Climate Summit (4-5 Dec, Cancun)
Global Compact Local Networks Regional Meeting for Africa (7-9 Dec, Maputo)
7th Meeting of the Anti-Corruption Working Group (9-10 Dec, New York)
Global Compact Local Networks Regional Meeting for Middle East and North Africa (14–15 Dec, Amman)

March 2011
3rd Annual Event on the Women’s Empowerment Principles (9–10 Mar, New York)

April 2011
UN System Private Sector Focal Points Meeting (12–13 Apr, Paris)

May 2011

IX Annual Local Networks Forum (18–19 May, Cairo)
Caring for Climate: Third Meeting of Signatories (17–18 May, Cairo)

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


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NEWS & UPDATES

1. Global Compact Introduces Differentiation Framework for Performance and Disclosure
The Global Compact has launched a Differentiation Framework to help companies improve performance and disclosure, and to give recognition for progress made. The Framework introduces reporting criteria at basic, intermediate and advanced levels in an effort to help companies move along the continuum of sustainability implementation and transparency. The framework is in a test phase until the end of 2010 – during which time the Global Compact Office plans to refine the system based on participant experiences and a wider consultation with relevant stakeholders, including Global Compact Local Networks and the financial community. More

2. Principles for Responsible Investment Forum Attracts Record Attendance
The UN-backed Principles for Responsible Investment (PRI) drew a record number of institutional investors to its third annual conference (5-6 October, San Francisco). The event focused on a range of topics related to the growing field of responsible investment, and took place amid a milestone in the development of the PRI – since July 2009 approximately 260 institutional investors have endorsed the PRI, bringing the total number of endorsers to more than 800, representing US $20 trillion in assets under management. More.

3. Local Network News & Updates

  • European Networks Strengthen Collaboration
    Local Networks from Europe held a Regional Meeting, hosted by the Global Compact Network Belgium (29 October, Brussels). The meeting focused on the status of European trends in corporate responsibility and explored ways of enhancing synergies between the networks in the region. Networks signed a declaration of intent on cooperation between the European based Global Compact Local Networks and the Global Compact Office.More.
     
  • Regional Network Launched in South East Asia
    The ASEAN Corporate Social Responsibility Network was launched at the second International Singapore Compact CSR Summit (6 October, Sentosa/Singapore). Over 300 participants from business, civil society and Government attended. The new Singapore-based network aims to develop public policy, encourage the adoption of international standards on responsibility and increase awareness of CSR in ASEAN. More.
     
  • Global Compact Launched in Trinidad and Tobago
    A Global Compact Local Network was launched by the Trinidad and Tobago Manufacturers’ Association (TTMA) (6 October, Port-of-Spain). The Network will be a platform for dialogue and will adjust global tools and best practices to the local context, aligning corporate responsibility with regional priorities and facilitating implementation. More.
     
  •  South African Companies Urged to Integrate Sustainability into Practices
    The inaugural National Business Initiative (NBI) Summit (6 October, Johannesburg) hosted a dialogue on integrated sustainability – focused on linking corporate policy and practices to objectives that will help achieve a more sustainable future. In a keynote address, Graça Machel, Advocate for Women’s and Children’s Rights and Founder of the Foundation for Community Development, called on businesses to invest in human capital: “Africa’s best and strongest capital is its people – the energy, skills and potential they represent.”

4. Environment News & Updates

  • Global Business Leaders Commit to a Low-Carbon Future
    Over 300 companies, from nearly 30 countries, committed to reducing their emissions at the Business for Environment Climate Summit (5 October, Mexico City). The companies represent the energy, ICT (information and communication technologies) and construction sectors. The meeting concluded with a Call to Action by business leaders, agreeing that averting a major climate crisis with economic, political, health, environment and security impacts will require the creation of global policy and strong national frameworks. More.
     
  •  “Business Action for Sustainable Development 2012” Coalition Formed
    The International Chamber of Commerce, the World Business Council for Sustainable Development and the Global Compact launched Business Action for Sustainable Development 2012 (BASD 2012) (29 October, Geneva). BASD 2012 is a temporary coalition of business groups aimed at providing constructive input to the Rio+20 process. BASD 2012 aims to be an inclusive partnership and platform, with additional partners to be added in coming months. More.
     
  • Caring for Climate Steering Committee Established
    Caring for Climate has established an advisory body (4 October, New York) consisting of senior corporate representatives from diverse sectors and geographic regions. The steering committee will provide input on the strategic, operational and financial developments of Caring for Climate. More.

5. Participant Status: New Signatories, COPs and Delistings
In October, 78 companies and 45 non-business stakeholders joined the Global Compact. 69 companies were delisted for failing to communicate on progress. The largest companies (by employee number) to join during the month were: Ahold (Netherlands), Knorr-Bremse Group (Germany), JSC Electrometallurgical Works Dneprospetsstal (Ukraine), Israel Discount Bank Ltd. (Israel), Inversiones Mundial S.A. (Colombia), Kirchhoff Automotive GmbH (Germany), SFS intec AG (Switzerland), Topdanmark (Denmark), PTT Chemical Public Company Limited (Thailand) and ICON Consultants (Pvt.) Limited (Pakistan).
       
    Total figures as of 31 October:

  • Business participants: 6,214
  • Non-business participants: 2,382
  • COPs received: 9,519
  • Delisted business participants: 1,693

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ENGAGEMENT OPPORTUNITIES

1. Responsible Business in Conflict-Affected and High-Risk Areas: Pilot Project
Building on the recent launch of the "Guidance on Responsible Business in Conflict-Affected and High-Risk Areas: A Resource for Companies and Investors", the Global Compact and the Principles for Responsible Investment (PRI) are establishing a pilot group of companies and investors willing to actively implement the Guidance and report on lessons learned. The aim of the pilot project is to develop a better understanding of what the Guidance means in practical terms across different operating environments and how companies from different sectors can best implement.

All Global Compact participants interested in joining this pilot project should contact Adrienne Gardaz (gardaz@un.org). In addition, all participants are invited to join a webinar (11 Nov) to learn more about this opportunity.

2. Low-Carbon Leaders Project: Call for Submissions and Feedback
The Low-Carbon Leaders Project (LCLP), a collaboration between Caring for Climate and the World Wildlife Fund, is an open source, multi-media platform aimed at capturing and sharing transformative low-carbon solutions. LCLP has issued twelve illustrative cases and toolkits for calculating the impacts of energy efficient solutions; additionally LCLP has collected nearly 60 low-carbon solutions estimated to help avoid over 10 million tonnes of CO2 emissions.

LCLP encourages Caring for Climate signatories to submit, rate and comment on low-carbon solutions. For more information and to access the mobile application to rate these solutions, please visit the LCLP website.

3. More Opportunities: Support the Women’s Empowerment Principles, Ending Human Trafficking, 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. UN Global Compact Leaders Summit 2010 – Summary Report: Presents the highlights and key outcomes of the triennial Global Compact Leaders Summit, held on 24-25 June in New York, which convened over 1,200 chief executives with leaders from civil society, government and the UN to elevate the role of responsible business in more sustainable markets and societies. Download.

2. Blueprint for Corporate Sustainability Leadership – Available in all UN languages: A model for corporate sustainability leadership that offers an aspirational but attainable strategy for companies to generate maximum value through the Global Compact. Criteria for leadership practice are identified related to: implementation of principles; action in support of broader UN goals and issues; and engagement in the Global Compact.  The Blueprint is now available in all UN languages. Download: لعربية | 中文 | English | Français | Русский | Español

3. UN Private Sector Forum on the Millennium Development Goals – Meeting Report: Summarizes the proceedings of the third annual private sector event, held this year in conjunction with the UN Secretary-General’s Summit on the Millennium Development Goals (22 September, New York). Download.

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

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EVENTS

1. Guidance on Responsible Business in Conflict-Affected and High-Risk Areas (11 November, Webinar)
OPEN EVENT – The Global Compact and the Principles for Responsible Investment (PRI) will convene a webinar to provide participants the opportunity to learn more about the Guidance and how it can be used. The webinar is targeted to companies and investors with business interests/operations in high-risk operating environments. It is anticipated that a pilot group of companies and investors willing to implement the Guidance and report back on lessons learned will be established.
 
All Global Compact participants are invited to join this webinar, which will be held from 10am – 1130am (EST). To register for the event please contact Adrienne Gardaz (gardaz@un.org).

2. World Climate Summit (4-5 December, Cancun)
OPEN EVENT – The Summit will convene 300 leaders from business, finance and Government to collaborate on economic solutions to climate change. The Global Compact is a convening partner of the Summit, which will be held during the United Nations Climate Change Conference (COP16).
 
For more information please visit the World Climate Summit website.

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Published 8 November 2010