Requirements for Participation
To join the UN Global Compact means:
— to publicly declare their commitment to the Ten Universal Principles of the initiative;
— to make a commitment to fully support the development of sustainable economy and responsible civil society.
The UN Global Compact participants:
— Make the UN Global Compact and its principles an integral part of their strategy, day-to-day operations and corporate culture.
— Publicly advocate the UN Global Compact and its principles via various communications resources.
— Communicate publicly through the Communication on Progress (annual non-financial or sustainability report) the ways through which they implement the Ten Principles and support broader development objectives.
— Take advantage of their participation in the UN Global Compact through engagement in a dialogue with the society and stakeholders at various national and international platforms.
Effecting change begins with the leadership of the organization. To participate in the UN Global Compact, a commitment from the chief executive (or equivalent, for non-business entities) is required – with support from the Board. This commits the organization to meet fundamental responsibilities in four areas: human rights, labour, environment and anti-corruption.
Upon joining the UN Global Compact, all companies are asked to make a regular annual contribution to support the work of the UN Global Compact. This contribution helps the Global Compact to:
- Support its major activities and focus areas
- Develop a more rigorous reporting system (Communication on Progress – COP)
- Expand the influence of initiatives
- Support small- and medium-sized business