"The Global Compact asks companies to embrace universal principles and to cooperate with the United Nations. This has grown into a platform critical of the UN to participate effectively in the global lighting business manner."
Ban Ki-moon, UN Secretary General.
The Global Compact is a voluntary initiative in which companies are committed to aligning their operations and strategies with ten universally accepted principles in four areas: human rights, labor standards, environment and anti-corruption. By number of participants, 12,000 in more than 145 countries, the Global Compact is an initiative of the world's largest corporate citizenship. The Compact is a framework for action aimed at building the social legitimacy of corporations and markets. Those companies that adhere to the Global Compact share the conviction that business practices based on universal principles contribute to building a more stable, equitable and inclusive global market that promote more prosperous societies.
Companies, trade and investment are essential pillars for peace and prosperity. But in many areas the companies are linked to serious dilemmas, such as exploitation, corruption, inequity and other barriers that discourage innovation and entrepreneurship. Responsible business actions build trust and social capital, while contributing to the development and sustainable markets
The Global Compact is a voluntary initiative that includes two objectives:
To achieve this, the Global Compact provides opportunities for learning and participation through various mechanisms, such as policy dialogues, training on specific issues, involvement in local networks and partnerships for projects.
The Ten Principles of the UN Global Compact are based on Universal Declarations and Conventions applied in four areas: Human Rights, Environment, Labor Standards and Anti-corruption.
On September 25th, countries will have the opportunity to adopt a set of goals to end poverty, protect the planet, and ensure prosperity for all as part of a new sustainable development agenda. Each goal has specific targets to be achieved over the next 15 years.
For the goals to be reached, everyone needs to do their part: governments, the private sector, civil society and people like you.
Agenda 2030: the Sustainable Development Goals
In September 2015, all 193 Member States of the United Nations adopted a plan for achieving a better future for all – laying out a path over the next 15 years to end extreme poverty, fight inequality and injustice, and protect our planet. At the heart of “Agenda 2030” are the Sustainable Development Goals (SDGs) which clearly define the world we want – applying to all nations and leaving no one behind.
The new global goals result from a process that has been more inclusive than ever, with Governments involving business, civil society and citizens from the outset. We are all in agreement on where the world needs to go. Successful implementation will require all players to champion this agenda.
All companies can play a role
While the scale and scope of the global goals is unprecedented, the fundamental ways that business can contribute remain unchanged. The UN Global Compact asks companies to first do business responsibly and then pursue opportunities to solve societal challenges through business innovation and collaboration – both important contributions to the SDGs. In short, companies must not make our world’s problems worse before they try to make them better.
Global challenges – ranging from climate, water and food crises, to poverty, conflict and inequality – are in need of solutions that the private sector can deliver, representing a large and growing market for business innovation. Through the UN Global Compact we have been working with companies all over the globe for years to address a range of SDG-related issues, including gender equality, climate, water, peace, good governance, poverty and education. The record shows that business can take many steps to minimize risks in these areas and then go beyond to provide solutions that are good for both society and the bottom-line.
How the UN Global Compact helps
As the largest and most global platform for business engagement on the SDGs, we will translate them for companies globally and help them to understand how they can leverage these goals to drive good practices and growth opportunities. Our Local Networks, in more than 85 countries, will be key players in helping business to advance the SDGs on the ground through policy dialogue, national implementation strategies and brokering partnerships.
To help companies change how they operate, the UN Global Compact and partners have developed over 200 resources – ranging from guidance to best practices – that cover a large range of sustainability topics. All guidance is searchable by SDG. Our Guide to Corporate Sustainability is the starting point for companies to understand the fundamentals of responsible business and the role of the UN Global Compact.
Global Compact Network Argentina
The Global Compact Network Argentina, launched in 2004. is formed by more than 500 companies, educational organizations and civil society, commit themselves to ten principles to respect human rights, better labor standards, environmental and fight against corruption.
It is the initiative of corporate social responsibility largest, with presence in 20 provinces and open to all organizations that meet the requirements of the application process.
In 2005, a board of 20 members, which is renewed every two years through an assembly and choose an Executive Secretariat, was formed.
UNDP Argentina is the focal point of the network in the country and as such is responsible for organizing activities, provide technical assistance and promote the link with the United Nations System in Argentina.
WHAT IS GLOBAL COMPACT?
THE 10 PRINCIPLES