How does the UN Global Compact affect businesses?

More than 10,000 business participants and 5,000 non-business participants in the UN Global Compact are already changing the world. They’re helping alleviate extreme poverty, address labour issues, reduce environmental risks around the globe, and more.

How many companies have signed the UN Global Compact?

More than 9,500 participating companies and 3,000 non-business participants have already embraced the commitments of the UN Global Compact.

How much does it cost to join UN Global Compact?

The UN Global Compact will invite representatives from Global Compact Local Networks. Complimentary registration applies to one participant per Local Network. Additional attendees are welcome to attend, but will be charged the Global Compact Non-Business rate of 550 USD.

What are some principles of the UN Global Compact?

Principle 1: Support and respect the protection of internationally proclaimed human rights. Principle 2: Ensure that business practices are not complicit in human rights abuses. Principle 3: Uphold the freedom of association and the effective recognition of the right to collective bargaining.

What are the 4 principles of the UN?

These principles include the equality and self-determination of nations, respect of human rights and fundamental freedoms and the obligation of member countries to obey the Charter, to cooperate with the UN Security Council and to use peaceful means to resolve conflicts.

What is un strategy?

The Strategy aims to facilitate increased impact and expanded global, regional and country-level action to address the needs, build the agency and advance the rights of young people in all their diversity around the world, and to ensure their engagement and participation in the implementation, review and follow-up of …

Is UN Global Compact part of UN?

The Global Compact is an initiative of the late UN Secretary-General Kofi Annan. on progress made in implementing the ten principles, and in supporting broader UN development goals; Advocate for the Global Compact.

Who does the UN Global Compact apply to?

Businesses, civil society organizations, business associations, labour organizations, academic institutions and cities are all invited to join us in shaping a sustainable future. Whether you are new to corporate sustainability or more advanced, there is a place for you in the UN Global Compact.

How do you become a member of the UN Global Compact?

HOW TO JOIN

1. STEP 1: BUSINESS OR NON-BUSINESS.
2. STEP 2: SELECT YOUR PREFERRED ENGAGEMENT TIER WITH THE UN GLOBAL COMPACT ON A GLOBAL LEVEL.
3. STEP 3: LETTER OF COMMITMENT.
4. STEP 4: ONLINE APPLICATION FORM.
5. STEP 5: SELECT YOUR ENGAGEMENT TIER WITH THE LOCAL NETWORK – GLOBAL COMPACT NETWORK CANADA (OPTIONAL)

What are the 10 principles of the UN?

The Ten Principles of the UN Global Compact Corporate sustainability starts with a company’s value system and a principles-based approach to doing business. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption.

What are the 3 pillars of UN?

For 70 years, the United Nations has worked on the frontlines every day around the world on the pillars of Human Rights, Peace and Security, and Development.

What is the main principle of UN?

The Organization is based on the principle of the sovereign equality of all its Members. All Members, in order to ensure to all of them the rights and benefits resulting from membership, shall fulfill in good faith the obligations assumed by them in accordance with the present Charter.

Why is the UN Global Compact so important?

However, the private sector can make important contributions through business practices. While there is no single definition for the terms “conflict-affected” or “high risk” areas, the work of the UN Global Compact may be relevant for a variety of contexts, including countries, areas or regions:

What are the ten principles of business for peace?

Companies who join Business for Peace commit to: Paying heightened attention to the implementation of the UN Global Compact Ten Principles in high-risk and conflict-affected areas Recognizing that local ownership and knowledge are vital to driving change, Business for Peace has adopted a locally-driven approach.

How many companies are part of business for peace?

Business for Peace is a platform of close to 150 leading companies and business associations from 37 countries dedicated to catalyzing collaborative action to advance peace. By joining Business for Peace, companies will be able to: Companies who join Business for Peace commit to:

Who is responsible for peace in the world?

In 2014, global economic losses due to violent conflict amounted to over US$9.8 trillion. Half of the world’s population lives in high-risk and conflict-affected areas. The primary responsibility for peace and security rests with Governments. However, the private sector can make important contributions through business practices.