20 terms

United Nations Global Compact

The Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of core values in the areas of human rights, labour standards, the environment, and anti-corruption:
What is the UN Global Compact?
1. A voluntary initiative
2. A framework to promote good corporate citizenship through committed creative leadership
What does the Global Compact asks companies?
to embrace, support and enact, within their sphere of influence, a set of core values in the areas of human rights, labour standards, the environment, and anti-corruption:
In which areas are the UN Global Compact's ten principles?
In the areas of human rights, labour, the environment and anticorruption enjoy universal consensus.
Human Rights - Principle 1
Businesses should support and respect the protection of internationally proclaimed human
rights; and
Human Rights - Principle 2
make sure that they are not complicit in human rights abuses. Labour Standards
Human Rights - Principle 3
Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Human Rights - Principle 4
the elimination of all forms of forced and compulsory labour;
Human Rights - Principle 5
the effective abolition of child labour; and
Human Rights - Principle 6
the elimination of discrimination in respect of employment and occupation.
Environment - Principle 7
Businesses should support a precautionary approach to environmental challenges;
Environment - Principle 8
undertake initiatives to promote greater environmental responsibility; and
Environment - Principle 9
encourage the development and diffusion of environmentally friendly technologies.
Anti-Corruption - Principle 10
Businesses should work against corruption in all its forms, including extortion and bribery.
Source for 10 Principles derived from:
1. Universal Declaration of Human Rights
2. The International Labour Organisations Declarations of Human Rights at Work
3. The Rio Declaration on Environment and Development
4. The United Nation Convention against Corruption
Governance functions shared by 6 entities:
1. Global Compact Leader Summit
2. Local Network's
3. Annual Local Network Forums
4. Global compact Board
5. Global Compact Office
6. Internet Agency Teams
Who are the 6 Internet Agency Teams?
1. OHCHR - the office of the high commissioner for human rights (G)
2. ILO - the international labour organisation (G)
3. ENEP - the UN environment programme (G)
4. UNODC - the UN office on drugs and crime (G)
5. UNDP - the UN development programme (S)
6. UNIDO - the UN industrial development organisation (ER)
G - S - ER
1. G - Guardians of the principles
2. S - Serving as an implementing arm
3. E - Providing expertise and resources with respect to SME's
Are there other major voluntary initiatives in the area of economic known as corporate citizenship?
The Global Eight:
1. the UN Global Compact
2. ILO Convention
3. the OECD Guidelines for Multinational Enterprises
4. ISO 14000 Series (health & safety issues)
5. GRI - the Global Reporting Initiative
6. The Global Sullivan Principles
7. Social Accountability 8000
8. Accountability 1000
Are the Global Eight divided into principles and standards?
1. Process Standards (procedures a company put in place)
2. Performance Standards (how a company should do or not)
3. Foundation Standards (best praxis in an emerging area)
4. Certification Standards (audits)
Examples of Principles, Standards, Foundation, Process and Certifications
1. Principles: Global Compact, Global Sullivan Principles
2. Standards: GRI, OECD Guidelines, SA 8000, AA 1000S, ILO
3. Foundation: ILO Convention, AA 1000S
4. Process: SA 8000, AA 1000S, ISO 14000S
5. Performance: SA 8000, OECD Guidelines, ILO Convention
6. Certification: SA 8000 and ISO 14000 series