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The UN Global Compact (UNGC) provides a diverse range of Issue Platforms which enable companies to cooperate with stakeholders in expanding the effort to respond to various challenges. The Global initiatives and platforms support business participation for the SDGs.
Women’s Empowerment Principles
The Women’s Empowerment Principles is the result of collaboration between UNGC and UN Women. As of May 2016, approximately 1,200 (55 Korean companies) company executives have signed the CEO Statement of Support for the Women’s Empowerment Principles, committing to advance gender equality. The Principles not only provide guidance for companies to promote gender equality and women’s empowerment in the workplace, marketplace and community, but it also shares best practices implemented globally. The Principles aims to help companies tailor existing policies and practices – or establish needed new ones – to realise women’s empowerment.
Children’s Rights and Business Principles
Developed by the United Nations Children’s Fund (UNICEF), Save the Children and UNGC, the Children’s Rights and Business Principles is an initiative designed to provide companies guidance to respect and support children’s rights within the workplace, marketplace and communities. The Principles are built on existing standards, initiatives and best practices related to business and children, seeking to maximise the positive impacts while minimizing the negative impacts on children. In addition, the initiative encourages companies to share their experience in respecting and supporting children’s rights in their operations
Child Labour Platform
The Child Labour Platform is an initiative of the UN Global Compact Labour Working Group, co-chaired by the International Trade Union Confederation (ITUC) and the International Organisation of Employers (IOE) and coordinated by the International Labour Organisation (ILO). The platform delivers training and capacity support through cooperation with global and local initiatives against child labour and fosters practical action that brings changes in the communities in order to eliminate child labour within supply chains.
Caring for Climate
Caring for Climate is a partnership initiative with UNGC, the UN Environment Programme (UNEP) and the Secretariat of the UN Framework Convention on Climate Change (UNFCCC), which are currently participated by approximately 350 companies across 65 countries. Designed to advance the role of business in addressing climate change, the platform provides a framework for business leaders to advance practical solutions and help shape public policy as well as public attitudes.
The CEO Water Mandate
The CEO Water Mandate mobilises business leaders to advance water stewardship, sanitation, and the Sustainable Development Goals. With a focus on developing corporate strategies and solutions to make positive contribution to global water issues, the platform provides opportunities for cooperation and partnerships among a diverse range of stakeholders. Signing the CEO Water Mandate, CEOs acknowledge that they have a responsibility to make water resources management a priority, and to work with governments, UN agencies, non-governmental organisations, and other stakeholders to address this environmental challenge.
Food and Agriculture Business Principles
Launched in 2014, the ‘Food and Agriculture Business Principles’ was established to respond to calls for a common language and framework to achieve food security through more sustainable agriculture. More than 1,000 stakeholders including businesses, UN agencies and civil society organisations involved in agriculture, nutrition and food system participated in the initiative. The Principles promote market stability through establishing sustainable food and agriculture system and improve understanding of resources, ecosystem, social and economic impacts.
Principles for Sustainable Soil Management
The Principles for Sustainable Soil Management was built on the UNGC Food and Agriculture Business (FAB) Principles. The platform responds to the call of the Sustainable Development Goals and Agenda 2030 to eliminate poverty and hunger and promote sustainable use of terrestrial ecosystems. The Principles were developed through a broad and inclusive multi-stakeholder participation, adopting policies/programmes for soil conservation and cooperating in the areas of food and agriculture.
100 UN Global Compact 100
The UN Global Compact 100 (GC 100), developed in partnership with Sustainalytics, is composed of a representative group of the UN Global Compact companies, selected based on implementation of the ten principles and evidence of executive leadership commitment and consistent base-line profitability. This stock index, released ahead of the UN Global Compact Leaders Summit 2013 (18 September 2013), showed at launch a total investment return of 26.4 percent during the past year, surpassing the general global stock market. Companies are eligible for the GC 100 if they or their parent company have been Global Compact signatories for a minimum of one year, are publicly listed, and fall within the research universe of Sustainalytics.
Sustainable Stock Exchange Initiative
The Sustainable Stock Exchanges (SSE) initiative is a peer-to-peer learning platform for exploring how exchanges, in collaboration with investors, regulators, and companies, can enhance corporate transparency and ultimately performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment. The SSE is organised by the UN Conference on Trade and Development (UNCTAD), the UN Global Compact, the UN Environment Program Finance Initiative (UNEP FI), and the Principles for Responsible Investment (PRI). The initiative works with stock exchanges worldwide making a voluntary public commitment to promote improved ESG disclosure and performance among listed companies.
UN Principles for Responsible Investment
Principles for Responsible Investment is an initiative developed by the UNGC and the UN Environment Programme Finance Initiative (UNEP FI). Launched in April 2006 at the New York Stock Exchange, the PRI invites institutional investors – both asset owners and asset managers – to commit to a set of six principles designed to put environmental, social, and corporate governance (ESG) issues into the core of investment decision-making. The initiative today stands as the world’s largest responsible investment initiative with more than 1,700 signatories collectively managing more than US $62 trillion in assets.
Social Enterprise & Impact Investing
UNGC’s work on social enterprise is inspired by three converging trends: 1) the growing global corporate sustainability movement, 2) the growing awareness of global challenges and 3) the growing of impact investment. These trends provide the business case for various relevant stakeholders to collaborate to bring creativity, innovation and entrepreneurial solutions to global challenges. By focusing on these emerging trends, the UNGC seeks to facilitate partnership among social enterprises, corporations, investors and policy makers in order to identify and scale up promising solutions to global challenges
Global Compact Cities Programme
The Global Compact Cities Programme is dedicated to the promotion and adoption of the Ten Principles by cities, and provides a framework for translating the principles into urban governance and management. The programme promotes collaboration between all levels of government, business and civil society to enhance sustainability, resilience, diversity and adaption within cities in the face of complex urban chllenges. As of February 2019, 112 cities across regions are engaged in the programme.
UN-Business Action Hub
The UN-Business Action Hub is an interactive online platform where the UN and business can engage in dialogue, share information and take action to advance UN objectives and the Sustainable Development Goals (SDGs). The platform was developed as a joint effort of the UNGC, Global Hand and 20 UN entities. It aims to foster greater collaboration between business and the UN to advance solutions to global challenges and to support various humanitarian and disaster preparedness and response efforts. UN agencies and businesses can post projects on their website and use the platform to search for potential partners.
Supply Chain Sustainability
UNGC encourages signatories to engage with their suppliers around the Ten Principles, and thereby to develop more sustainable supply chain practices. To assist companies in improving their processes, the UNGC has provided a platform for identifying existing material, initiatives and business practices, exploring critical issues and developing guidance on how to integrate the Ten principles into the supply chain management system. The platform also seeks to promote broader understanding within an organisation of how decisions made beyond procurement can affect the supply chain.
Business for Peace
Business for Peace focuses on expanding and deepening private sector action in support of peace in the workplace, marketplace and local communities. The platform assists companies in implementing responsible business practices that are aligned with the UNGC principles in conflict-affected and high-risk areas. Participating in the platform enables companies to identify business risks and better respond to the risks, adopt a locally-driven approach and share best/emerging practices and learn from the experience of peers through dialogues.
Principles for Responsible Management Education
Launched in 2007, the Principles for Responsible Management Education (PRME) was established to inspire and champion responsible management education, research and thought leadership globally. It seeks to establish a process of continuous improvement among institutions of responsible management education in order to develop a new generation of business leaders capable of managing the complex challenges faced by business and society in the 21st century. The PRME is supported by over 500 organisations and academic institutions committed to implement the initiative’s principles.
LEAD Global Compact LEAD
Global Compact LEAD is designed to challenge highly engaged companies in the UN Global Compact to reach further, to experiment, to innovate, and to share learnings. This new platform responds to the critical need for leading companies to step up and reach new levels of performance and impact in order for the world to meet today’s social, environmental and economic challenges. Participants of Global Compact LEAD are characterized by a commitment to implement the Blueprint for Corporate Sustainability Leadership and a willingness to lead the UN Global Compact with strong engagement at local and global levels.