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UN GLOBAL COMPACT BULLETIN

February 2014

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NEWS & UPDATES

1.Global Compact Participants Convene in Davos to Address Global Priorities

  • Executives Meet with UN Secretary-General, Commit to Support Ambitious Goals on Climate and Sustainable Development
  • LEAD Companies Tackle the Dilemma of Short-Termism

2. Global Compact and RICS to Develop Responsible Business Best Practice Toolkit for Land, Real Estate and Construction Sector
3. Local Network Update

  • Global Compact Network Myanmar Convenes Business to Grow Trust, Prosperity Through Responsible Models

4. Global Compact Releases 2014-2016 Strategy
5. Global Compact Expels 107 Companies in Second Half of 2013
6. Participant Status: New Signatories, COPs and Delistings
 

ENGAGEMENT OPPORTUNITIES

1. Join Business for Peace
2. Call for Input: Guide for Corporate Counsel on Corporate Sustainability
3. Call for Examples: Business for the Rule of Law
4. More Opportunities: Join the CEO Water Mandate and more
 

FEATURED RESOURCES

1. Value Driver Model
2. Making the Connection - Slides and Presenter Notes
3. New Children’s Rights and Business Resources

  • Children are Everyone’s Business - Workbook 2.0
  • Children’s Rights in Policies and Codes of Conduct
  • Children’s Rights in Impact Assessments
  • Children’s Rights in Sustainability Reporting

EVENT INVITATIONS & WEBINARS

1. 6th Annual Women's Empowerment Principles Event: Gender Equality and the Global Jobs Challenge (5-6 Mar, New York)
2. Upcoming Webinars (February – March 2014) – OPEN INVITATION 

  • New Tools on Children’s Rights and Business (26 Feb)
  • Introduction to the Social Enterprise and Impact Investing Workstream (27 Feb)
  • Trade and Road Transport Facilitation to Promote Sustainable Supply Chains, conducted with IRU (International Road Transport Union) (3 Mar)
  • Call to Action: Invest in Women’s Employment (27 Mar)

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NEWS & UPDATES

1. Global Compact Participants Convene in Davos to Address Global Priorities

  • Executives Meet with UN Secretary-General, Commit to Support Ambitious Goals on Climate and Sustainable Development
    Leading executives met with the UN Secretary-General (23 January, Davos) to amplify the voice of responsible business as part of two historic United Nations-led negotiations: one to define a post-2015 development agenda and the other to deliver an international climate change agreement. Co-hosted by the Global Compact, the Swiss Government and the World Economic Forum (WEF) on the sidelines of its annual gathering in Davos, the dinner was attended by chief executives of Global Compact LEAD and select Caring for Climate participants. More. Read the Secretary-General’s remarks.
  • LEAD Companies Tackle the Dilemma of Short-Termism
    A high-level meeting of chief executives and senior financial sector leaders was convened by the Global Compact, Corporate Knights and the Principles for Responsible Investment (PRI) (22 January, Davos) to address the challenges of investor short-termism. The roundtable engaged participants in discussions on how financial markets can enable long-term holistic value creation that allows for increased focus on long-term value drivers and management of different forms of capital – including physical, financial and human. More.

2. Global Compact and RICS to Develop Responsible Business Best Practice Toolkit for Land, Real Estate and Construction Sector
The Global Compact and RICS (Royal Institution of Chartered Surveyors) announced (14 January) that they have agreed to jointly develop a best practice toolkit for the land, real estate and construction industry sector. The collaboration marks the Global Compact’s first initiative to address corporate sustainability in a specific sector following the launch of the Post-2015 Business Engagement Architecture. More.

3. Local Network Update

  • Global Compact Network Myanmar Convenes Business to Grow Trust, Prosperity Through Responsible Models
    The Global Compact Network Myanmar convened a half-day multi-stakeholder event (22 January, Yangon) that brought together over 100 business representatives, both local and international, as well as participants from civil society and Government to identify ways to strengthen the positive contribution of the private sector in Myanmar to help build the economy, foster prosperity and increase trust. With 25 new companies joining the Global Compact at a signing ceremony, the Myanmar Local Network has grown to include companies from a variety of sectors since its launch in 2012. More.

4. Global Compact Releases 2014-2016 Strategy
The Global Compact released its 2014-2016 strategy which lays out how the initiative will work to make corporate sustainability a transformative force in achieving a shared, secure and sustainable future. Over the next three years, the initiative aims to achieve scale and transformation, while maintaining quality and impact, by focusing on four priorities: participant engagement, Local Networks, a global portfolio of issues, and responsible business in support of UN goals and issues. Developed by the management and staff of the Global Compact with support from Deloitte, the strategy was released after 18 months of consultation with a range of key stakeholders including the Global Compact Board, Government Group and Local Networks. More.

5. Global Compact Expels 107 Companies in Second Half of 2013
The Global Compact announced (7 January) that it has expelled 107 companies in the latter half of 2013 for failure to communicate progress for at least two consecutive years. These expelled companies represent two per cent of the 4,416 participants due to submit a Communication on Progress (COP) within the last six months of 2013. During the same period, 2,605 companies did submit a COP, of which 180 achieved the GC Advanced level. More. View the list of 107 expelled companies.

5. Participant Status: New Signatories, COPs and Delistings
In January, 83 companies and 31 non-business stakeholders joined the Global Compact. 52 companies were expelled for failing to communicate on progress. The largest companies (by employee number) to join during the month were: Safran (France), Freudenberg Group (Germany), Canon Europe Ltd (United Kingdom), BMW Brilliance Automotive Ltd.    (China), Valmet Corporation (Finland), Odebrecht Angola – Projectos e Servicos, Lda (Angola), Doosan Heavy Industries & Construction (Korea), Alexbank (Egypt), Grupo Hima San Pablo, Inc. (USA) and Defacto (Turkey).

Total figures as of 31 January:

  • Business participants: 7,978
  • Non-business participants: 4,140
  • COPs submitted: 24,176
  • Expelled business participants: 4,290

ENGAGEMENT OPPORTUNITIES

1. Join Business for Peace
Business for Peace is a new business leadership platform launched by the Secretary-General that aims to expand and deepen private sector action in support of peace - in the workplace, marketplace and local communities. This platform will assist companies in implementing responsible business practices that are aligned with the Global Compact principles in conflict-affected and high-risk areas.

Companies and Global Compact Local Networks can join Business for Peace by signing the Statement of Support and sending it to the Global Compact Business for Peace Team via email at: business4peace@unglobalcompact.org. Other stakeholders are also invited to support the platform. Visit our website to learn more.

2. Call for Input: Guide for Corporate Counsel on Corporate Sustainability
The Global Compact, in collaboration with Linklaters, is developing a guide for corporate counsel (G4CC) on corporate sustainability. The G4CC aims to support in-house counsel – from General Counsel at the Board/C-suite level to corporate counsel at the management/operational level – in their emerging role as key agents in advancing corporate sustainability issues within their respective organizations.

In-house counsel and corporate sustainability personnel from Global Compact companies are invited to participate in interviews that will contribute to the project. All discussions will be confidential. To express your interest or to receive more information, please contact Christina Koulias (koulias@unglobalcompact.org) by 28 February.

3. Call for Examples: Business for the Rule of Law
The Global Compact, in collaboration with the Atlantic Council and LexisNexis and in consultation with the UN Rule of Law Unit, is developing a statement on business for the rule of law (B4ROL). B4ROL aims to provide guidance on how companies are able to support the rule of law in the regions in which they operate, particularly where the rule of law is not well established.

Global Compact companies are invited to submit examples of how they are supporting the rule of law in their business operations and relationships. To learn more about how to contribute to this initiative, please contact Christina Koulias (koulias@unglobalcompact.org) by 28 March.

4. More Opportunities: Join the CEO Water Mandate and more
Many of the engagement opportunities announced in past issues of the Bulletin are still active. View the full list of Engagement Opportunities.

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FEATURED RESOURCES

1. Value Driver Model: Helps companies to assess and communicate the financial impact of their sustainable business strategies and operations. It utilizes key business metrics to determine the return on investment of corporate sustainability activities. Download the Toolkit. Learn more.

2. Making the Connection - Slides and Presenter Notes: Complements a companion publication and describes how to use the Global Reporting Initiative (GRI) G4 Guidelines to prepare a COP. It addresses how to fulfil the elements of the GC Active and GC Advanced levels of the Global Compact Differentiation Programme, as well as the requirements to be “in accordance” with the G4.  Download: Slides | Presenter Notes

3. New  Children’s Rights and Business Resources

  • Children are Everyone’s Business - Workbook 2.0: Guides companies through the ongoing process of learning about and integrating children’s rights into business policies and management processes (UNICEF). Download.
  • Children’s Rights in Policies and Codes of Conduct: Recommends ways for all businesses to incorporate children’s rights into their policies and codes of conduct (UNICEF, Save the Children). Download.
  • Children’s Rights in Impact Assessments: Guides companies in integrating child rights into impact assessments and taking action for children (UNICEF, Danish Institute for Human Rights). Download.
  • Children’s Rights in Sustainability Reporting: Helps companies with reporting and communicating how they are respecting and supporting children’s rights – through their policies, processes and operations in the workplace, marketplace and community. (UNICEF). Download.

Please visit the Tools and Resources webpage to access all material issued by the Global Compact.

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EVENT INVITATIONS & WEBINARS

1. 6th Annual Women's Empowerment Principles Event: Gender Equality and the Global Jobs Challenge (5-6 Mar, New York)
– INVITATION ONLY – The sixth annual Women’s Equality Principles (WEPs) event, Gender Equality and the Global Jobs Challenge, will spotlight business strategies, experience and challenges on increasing and enhancing job opportunities for women and expanding access to decent jobs. With more than 600 CEO signatories worldwide, the WEPs – a joint initiative of UN Women and the Global Compact – provide a roadmap for companies to advance and empower women in the workplace, marketplace and community.

For more information or to express interest in attending, contact Dzana Ferhatbegovic (dzana@unglobalcompact.org). Visit our website to learn more.

2. Upcoming Webinars (February – March 2014) – OPEN INVITATION  

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Event Calendar

February
Local Network Regional Meeting Africa/MENA (21-22 Feb, Accra)
Local Network Regional Meeting Asia/Oceania (TBC)
New Tools on Children’s Rights and Business (26 Feb, online)

March
Trade and Road Transport Facilitation to Promote Sustainable Supply Chains, conducted with IRU (International Road Transport Union) (3 Mar, online)
6th Annual Women's Empowerment Principles Event: Gender Equality and the Global Jobs Challenge (5-6 Mar, New York)
Call to Action: Invest in Women’s Employment (27 Mar, online)

April
CEO Water Mandate Multi-Stakeholder Working Conference (TBC, Lima)

May
Children's Rights and Business Principles - Annual Conference (TBC, Nairobi)

June
Private Sector Focal Points Meeting and Annual Local Networks Forum (9-12 Jun, Addis Ababa)

August
CEO Water Mandate Multi-Stakeholder Conference at World Water Week (TBC, Stockholm)

September
United Nations Private Sector Forum (TBC, New York)

December
Caring for Climate Business Forum (TBC, Lima)
Meeting of the Global Compact Working Group on the 10th Principle against Corruption (TBC, New York)

Please visit the Event Calendar on our website to learn more about the listed events.

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Published 6 February 2014