Global Compact Local Network in Bosnia-Herzegovina was launched by UNDP and Foreign Trade Chamber in September 2005, when 24 national and multinational companies joined to the initiative. Global Compact is the first initiative for advancing corporate social responsibility in the country and as such has attained considerable effect by reaching its main initial goal - to define all relevant parties and partners that could contribute to the initiative and to spread the spirit of ethical corporate citizenship within business community.
The Local Network is being administered and leaded by UNDP Bosnia-Herzegovina. In context of governance, the Steering Committee of local network was established at the first members’ meeting in 2005 and is consisted of most influential BiH companies, United Nation Development Program and Foreign Trade Chamber.
Since the launch of Global Compact in Bosnia-Herzegovina, the initiative has been promoted through events organized in local communities and through individual meetings with stakeholders. Given that the Global Compact is the first initiative aiming to advance corporate social responsibility in the country, these events initiated a broad discussion on corporate citizenship in BiH context and identified the greatest challenges to sustainable development.
The Local network is also used for sharing information related to implementation of ISO and environmental standards; anti-corruption activities; and how to promote a more favorable business climate in BiH. The network facilitates contacts and partnerships among all of the Global Compact stakeholders; Businesses, Civil Society, Academia, and the United Nations.
No document is available
Ms. Aida Daguda
Participation in the Global Compact does not necessarily reflect participation in the Global Compact Local Network.
Association Centre for Energy, Environment and Resources - CENER 21
Accepted on 12 February, 2014