Document Type
Statement
Keywords
strategic planning; corporate responsibility;
Publisher
United Nations Global Compact
Abstract
The United Nations Global Compact is on the way to making corporate sustainability a transformative force - demonstrating how the private sector has a critical role to play in realizing a more equitable, prosperous
and sustainable future. Over 8,000 companies and 4,000 non-business participants operating in 160 countries have joined the initiative and are working towards this end.
To unleash the full transformative potential of the Global Compact, action must be taken at the local level. Global Compact Local Networks in more than 85 countries, all in different stages of development, are convening companies and acting on key issues at the ground level. In an increasingly interconnected and interdependent world, Local Networks generate value for companies by enabling them to transparently engage and partner with relevant local stakeholders. These collaborations are driven by real social and market-based incentives that spur business to address sustainability challenges.
This document outlines a Bottom-Up Approach to develop a global-local strategy for the Global Compact and Local Networks to unleash the full potential of business engagement in the Post-2015 era.
