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UNITED NATIONS GLOBAL COMPACT

The United Nations Global Compact is a both a policy platform and a practical framework for companies that are committed to sustainability and responsible business practices. The Compact, which was launched by the former United Nations Secretary-General Kofi Annan in Davos on 31 January 1999, was activated on 26 July 2000 at the UN headquarters. Today, with nearly 8,000 signatories in more than 135 countries, it is the world's largest voluntary corporate responsibility initiative.

As a multi-stakeholder leadership initiative, the United Nations Global Compact seeks to align business operations and strategies with ten universally accepted principles in the areas of human rights, labor, environment and anti-corruption; and to catalyze actions in support of broader UN goals and asks companies to embrace, support and enact, within their sphere of influence, a set of core values in these areas.

Human Rights
Principle 1- Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2- Make sure that they are not complicit in human rights abuses.

Labor
Principle 3- Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4- the elimination of all forms of forced and compulsory labor;
Principle 5- the effective abolition of child labor; and
Principle 6- the elimination of discrimination in respect to employment and occupation.

Environment
Principle 7- Businesses should support a precautionary approach to environmental challenges;
Principle 8- undertake initiatives to promote greater environmental responsibility; and
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.

Links:
http://un.org/en/
http://unglobalcompact.org
http://globalcompactfoundation.org/
http://un.org/millenniumgoals/
http://unep.org/
http://undp.org
http://www.ilo.org
http://www.ohchr.org

Bulletin - http://www.unglobalcompact.org/newsandevents/UNGC_bulletin/index.html

FAQ - http://www.un.org/geninfo/faq/faq/faq.html