This report highlights findings from a study that explored how companies can trigger behavioral shifts that enable more sustainable lifestyles, grow demand for more sustainable products, and create business value.
To help SMEs gear up for their exciting journeys in sustainability, Global Compact Network Singapore is pleased to launch its inaugural SME Guide to Corporate Sustainability. The SME Guide shines a spotlight on latest sustainability trends and offers insights on how to adapt. It comes with a 6-step process to get started and useful tools and resources to support business transformation.
The UN Global Compact’s Action Platform for Peace, Justice and Strong Institutions promotes business engagement on SDG 16, including through the SDG 16 Business Framework I Inspiring Transformational Governance. In order to inform the Framework and to explore the themes of peace, justice and strong institutions within a national and regional context, a series of 14 country consultations were held with representatives from business, Global Compact Local Networks, civil society, government and academia in attendance. The following synthesis of these discussions.
The UN Global Compact’s Action Platform for Peace, Justice and Strong Institutions promotes business engagement on SDG 16, including through the SDG 16 Business Framework I Inspiring Transformational Governance. In order to inform the Framework and to explore the themes of peace, justice and strong institutions within a national and regional context, a series of 14 country consultations were held with representatives from business, Global Compact Local Networks, civil society, government and academia in attendance. The following is a compilation of the reports from these workshops.
Executive Summary of the SDG 16 Business Framework: Inspiring Transformational Governance. The Framework provides companies with guidance on strengthening business culture, ethics and performance and supporting public institutions, laws and systems. It sets out the theory of transformational governance and how it is underpinned by the targets and tenets of SDG 16: peace, justice and strong institutions. It presents the what, why and, most importantly, how of transformational governance through guidance and examples for each target of SDG 16.
A new strategy that spells out our ambition to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change.
The Science Based Targets initiative (SBTi) has launched a process to develop the first science-based global standard for corporate net-zero target setting, to ensure that companies’ net-zero targets translate into action that is consistent with achieving a net-zero world by no later than 2050. The paper lays out the conceptual foundations for corporate net-zero target setting, including clarity on what it means for companies to reach net-zero emissions, analysis of existing net-zero target setting practices, assessment of strategies that are consistent with achieving a net-zero economy, and initial recommendations for science-based net-zero goals. The conceptual foundations discussed in the paper will be translated into detailed guidelines and criteria to be developed by the initiative as part of a continued multi-stakeholder process.
Financial institutions are the key to unlocking the system-wide change needed to reach net-zero emissions and limit global warming to 1.5°C above pre-industrial temperatures. The Science Based Targets initiative’s new framework allows financial institutions – including banks, investors, insurance companies, pension funds and others – to set science-based targets to align their lending and investment activities with the Paris Agreement.
Brazilian TV news report on the Global Compact (in Portuguese), featuring comment by Jose Sergio de Azevedo, President of Petrobras.
An infographic overview of the UN Global Compact.
The WEPs video, Equality Means Business, features compelling business leaders and others from around the world who make the case for implementing the 7 Principles and the importance of realizing gender equality. Share the WEPs Video with your network or screen either the short (2.46 min) or long version (5.46 min) below.
The Business Leadership Criteria on Carbon Pricing is designed to inspire companies to reach the next level of climate performance and to advocate for a price on carbon as a necessary and effective measure to tackle the climate change challenge. The criteria comprise three overlapping dimensions: first, setting an internal carbon price; second, responsible policy advocacy; and third, communicating on progress.