The Communication on Progress (COP) is an annual disclosure through which a business informs stakeholders about its efforts in implementing the UN Global Compact Ten Principles. The COP’s main objective is to communicate to the public on continuous performance improvements. COP is an effective tool for communication with stakeholders and sharing best practices
1. Statement of Continued Support
The COP must contain a statement by the CEO expressing continued support for the UN Global Compact.
2. Description of Practical Actions
The COP must contain a description of practical actions the company has taken to implement the UN Global Compact Principles and to support broader developmental goals.
3. Measurement of Outcomes
Each COP should identify targets, define performance indicators, and measure outcomes.
1. Submitting the COP
Participant companies are required to submit the first COP within one year from the date of joining the UN Global Compact and annually thereafter.
2. Non-communicating Status
Business participants that fail to submit the COP within the required deadlines will be marked as “noncommunicating”, and if a “non-communicating” participant fails to submit a COP within one year of becoming “non-communicating”, it will be de-listed from the UN Global Compact.
Participants that have been delisted can reapply to join the initiative. Their new application must include a COP.
4. Applying for Grace Period
If a delay in submitting a COP is foreseen, business participants may be granted a grace period of 90 days by submitting a Grace Period Letter.