scholarly journals Principles of the United Nations Global Compact

2021 ◽  
pp. 43-52
Author(s):  
Anna Mravcová ◽  
Jana Gálová
Keyword(s):  
United Nations ◽  
United Nations Global Compact ◽  
Global Compact ◽  
Universal Principles ◽  
Strongly Connected ◽  
Labour Standards ◽  
Development Goals ◽  
20Th Anniversary ◽  
The United Nations ◽  
Corporate Social

The United Nations Global Compact represents one of the biggest voluntary initiatives under the United Nations organisation. This initiative was founded in 2000. It is strongly connected with Corporate Social Responsibility and efforts in achieving sustainability as it is a call for businesses worldwide to contribute towards sustainable world development in economic, social as well as environmental areas. Until last year, when the UNGC celebrated its 20th anniversary, it already had over 11,500 participants all around the world. This fact can have significant impact on achieving its goals which were set in the form of 10 principles divided into 4 main areas, where the positive and sustainable operating of business as well as other types of organisations is much than needed today. Therefore, in the text of this subchapter, the basic information about the very Global Compact initiative is presented, as well as its 10 universal principles set in the areas of human rights, labour standards, environment and anti-corruption, through which the participants are required to take strategic actions in achieving broader societal goals, mainly current Sustainable Development Goals, the interconnection of which is also presented and highlighted. The aim is to help understand the importance of this UN initiative for creating a better and sustainable world by incorporating business and other organisations.

United Nations Global Compact: Where are we going?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Matteo Podrecca ◽  
Marco Sartor ◽  
Guido Nassimbeni
Keyword(s):  
United Nations ◽  
Design Methodology ◽  
United Nations Global Compact ◽  
Global Compact ◽  
Content Type ◽  
Curve Model ◽  
The United Nations ◽  
Sustainability Initiatives ◽  
Logistic Curve Model ◽  
Corporate Social

Purpose In a world characterised by increasing environmental and social awareness, the number of corporate social responsibility and sustainability initiatives has significantly grown. Among these, the United Nations Global Compact (UNGC) is one of the most important, involving more than 12,000 companies. The purpose of this study is to investigate the UNGC’s worldwide diffusion, both at country and industry level, to understand the reasons leading to the highlighted dissemination patterns, and to propose various future projections. Design/methodology/approach The study pursues its objectives by applying the logistic curve model to data provided by the United Nations. The analysis is complemented by adopting instability and concentration indexes. Findings Results suggest that, while human rights and environmental safeguard in some areas and industries will remain a controversial issue, UNGC adoption will continue growing and giving the participants the required legitimacy to compete in worldwide markets. Originality/value To the best of the authors’ knowledge, this is the first paper that analyses the UNGC’s worldwide diffusion and proposes a prediction model for its future dissemination. The findings are of considerable importance in extending the knowledge of the initiative and in understanding the potential values of its adoption.

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