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Global Compact and EFQM Sign Memorandum of Understanding

2003-10-30 

On 21 October, Georg Kell, Executive Head of the Global Compact, and Alain de Dommartin, Chief Executive Officer of the European Foundation for Quality Management (EFQM) signed a memorandum of understanding between their organizations, aiming to promote corporate citizenship through the effective use of leading-edge management practices. The memorandum follows an earlier commitment by EFQM to integrate the Global Compact’s nine principles into the CSR guidelines of its EFQM Excellence Model, a non-prescriptive management framework currently used by over 20,000 organisations across Europe.
 
“This partnership marks a tremendous leap forward in our efforts to align business practices with the concept of good corporate citizenship,” said Georg Kell. “EFQM’s strong support of the Global Compact once again reinforces the notion that corporate social responsibility makes sound business sense.”
 
Please click here to view the full memorandum of understanding.