PIMCO Headquarters, 650 Newport Center Dr, Newport Beach, California, United States of America
Symposium – ESG 2.0 and the Sustainable Development Goals
Multinational enterprises, development and decent work: the approach of the MNE Declaration
International labour standards and corporate social responsibility
The UN Global Compact Board, appointed and chaired by the United Nations Secretary-General, is designed as a multi-stakeholder body, providing ongoing strategic and policy advice for the initiative as a whole and making recommendations to the Global Compact Office, participants and other stakeholders. It comprises four constituency groups — business, civil society, labour and the United Nations.
Board members are champions willing and able to advance the Global Compact’s mission, acting in a personal, honorary and unpaid capacity. Drawing in particular on the expertise and recommendations of its business members, the Board is also expected to play a role in the implementation of the Global Compact’s integrity measures. In addition to their overall Board responsibilities, the civil society and labour constituency groups are expected to provide close liaison to their communities and share insights into the most recent trends and best practices of corporate sustainability in their respective domains.
The Board is a component of the broader Global Compact governance framework, which divides functions into main elements, each with differentiated tasks: the Global Compact Leaders Summit, Local Networks, the Annual Local Networks Forum, the Global Compact Board, Global Compact Headquarters, the Global Compact Government Group and Friends of the Global Compact.
Founding and Appointments
The Global Compact Board was first appointed by the UN Secretary-General on 20 April 2006, following an extensive review of the Global Compact's governance framework. The establishment of the Board was aimed at enhancing the synergies between the global and local levels of Global Compact activities, providing greater attention to integrity management and quality assurance, as well as promoting broader ownership of the initiative by all of its participants and other stakeholders.
Appointment of Board members follows a comprehensive consultation process involving all Global Compact stakeholders, including the Local Networks. Each of the appointees has demonstrated a long record of commitment to the Global Compact’s mission and principles and enjoys the support of a regional or constituency group. Global Compact Board Members.
Term of Reference
Global Compact Board Terms of Reference clarify the Board nomination and selection process (by a Nomination Committee), as well as operational and procedural matters. View Terms of Reference.