UN Secretary-General Issues Improved Guidelines for UN-Business Cooperation, Calls for Greater Inclusion and Transparency

New York, United States of America

(New York, 21 August 2015) – Today, UN Secretary-General Ban Ki-moon issued revised guidelines on UN-business cooperation, which will serve as a critical framework for coherent, principle-based and transparent private sector engagement as the UN prepares for implementation of the Post-2015 Development Agenda.

The revised Guidelines on a Principle-based Approach to the Cooperation between the United Nations and the Business Sector firmly position the UN Global Compact and its values system as the primary institutional vehicle for furthering these aims.  The Guidelines reference the UN Guiding Principles on Human Rights and Business, the Children’s Rights and Business Principles as well as the Women's Empowerment Principles.

The Guidelines also add clear language on transparency and stakeholder accountability, noting that information on all UN-business partnership activity should be publicly available. UN entities are encouraged to publish relevant partnership information on their respective websites and on http://business.un.org.  They also note that partnerships should identify and establish adequate mechanisms to respond to public concerns, and that all partnership activity should be consistent with applicable social and environmental policies and mechanisms. 

The UN Global Compact led an inter-agency consultation process with the UN Private Sector Focal Points Network to develop improvements that the UN General Assembly had requested to this system-wide framework for UN-Business partnerships.

Contact

Angus Rennie
Manager, Partnerships
UN Global Compact
rennie@unglobalcompact.org