About the UN Global Compact
The UN Global Compact is the world’s largest initiative aimed to involve business circles in sustainable development activities. In 2015 it celebrated its 15th anniversary under the motto “Business as a force for good.” The Global Compact leadership shared the recognized success of the initiative with the representatives from 88 Global Compact Local Networks which now join together more than 13 000 participants from 170 countries.
1999. The idea of the UN Global Compact was proposed by UN Secretary-General Kofi Annan at the World Economic Forum in Davos, Switzerland.
2000. The initiative was launched officially.
2010. The joint declaration of intent on cooperation between the European based Global Compact Local Networks and the UN Global Compact was signed.
2015. The initiative joins together 13 000 companies and organizations from 170 countries and 88 Local Networks.
The main goal of the Global Compact is to integrate the ten principles in the field of human rights, labour, environment and anti-corruption into the activities of commercial circles worldwide.
Integrating the Global Compact principles into corporate values and public acknowledgment of their implementation in practice is a proof of the companies goodwill recognized globally.
The Global Compact is established in order to encourage companies all over the world to be fully aware of the need to follow the ten principles as well as to learn how to demonstrate their success and achievements in this area to national and global communities.
The Global Compact is based on well-known strengths of the United Nations, including its moral authority and the possibility of organizing international high-level events as well as the opportunities of the private sector, combined with the expertise and capacities of all stakeholders. By joining the Global Compact, its participants get new opportunities to grow their business and achieve their personal professional goals.
Given the importance of issues solved under the UN Global Compact, the activity of the initiative is personally overseen by the Secretary-General of the United Nations Ban Ki-moon.