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Italy Funds Project on "Sustainable Development Through the Global Compact"


To promote greater awareness of and support for the Global Compact among Italian companies and their partners in developing countries, the Italian Ministry of Foreign Affairs has decided to finance a major technical cooperation project titled “Sustainable Development through the Global Compact.”
The project, which will be executed by the International Labour Organization (ILO), will target mainly small and medium enterprises operating in Italy and selected developing countries, encouraging them to adopt policies and practices in line with universal corporate social responsibility principles as reflected in the Global Compact, the ILO Tripartite Declaration of Principles concerning Multinational Enterprises and Social Policy and the OECD Guidelines on Multinational Enterprises. By participating in the Global Compact, Italian enterprises will be able to share their experience with their counterparts in the developing world and will be encouraged to take part in public-private partnerships. The project will work in close collaboration with employers’ organizations, trade unions and regional and local governments, as well as civil society organizations interested in promoting corporate social responsibility.
An Italian Global Compact web portal will be established to facilitate access by Italian companies and other interested parties to good practice examples elsewhere and to share examples from the Italian corporate world.
Please contact Ms. Paola Pinoargote (pinoargote@ilo.org) at the ILO for more information.