The Global Compact is a network initiated by the former Secretary-General, Mr. Kofi Annan, in 1999 to bring together private companies with UN agencies, labour and civil society to support ten principles in the areas of human rights, labour and environment. Through the power of collective action, the Global Compact seeks to advance responsible corporate citizenship so that business can be part of the solution to the challenges of globalization.
The United Nations encourages all vendors to the United Nations to participate in the Global Compact by:
1. Issuing a clear statement of support for the Global Compact and its ten principles, and publicly advocating the Global Compact.
The other means by which businesses can support the Global Compact include the following:
2. Providing, once a year, a concrete example of progress made or a lesson learned in implementing the principles, for posting on the Global Compact web site.
This letter should be sent to:
- Informing employees, shareholders, customers and suppliers;
- Integrating the Global Compact and ten principles into the corporate development and training programme;
- Incorporating the Global Compact principles in the company's mission statement;
- Including the Global Compact commitment in the company's Annual Report and other public documents;
- Issuing press releases to make the commitment public.
Mr. Ban Ki-moon
In addition, within the framework of the Global Compact, a company may wish to:
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- Actively support the principles and broad United Nations goals by initiating and participating in projects in partnership with the United Nations;
- Participate in result-oriented issue dialogues related to the critical problems facing the world, e.g. The Role of Business in Zones of Conflict (March 2001).