The CoP questionnaire focuses on five disclosure areas (governance, human rights, labour, environment and anti-corruption) and is designed to help participating companies monitor performance across the Ten Principles. There will be no scoring or ranking associated with the CoP questionnaire. Rather, the objective is to create transparency and enable progress.
The role of businesses in society is continuously evolving, marked by increasing expectations that companies address political and social issues. This business brief focuses on transformational governance in the context of responsible governmental engagement and explores three prominent channels of governmental engagement - lobbying, advocacy and collective action - highlighting their complexities and the need for a clear integrity framework for related corporate action.
Investors’ assessments of risks and opportunities at both the industry and company levels can be the basis of engagement to inform company strategies and to improve government policies in the interest of stakeholders and shareholders. These impacts have a wider effect of contributing to an enabling ecosystem where businesses experience less volatility and can create long-term value. This business brief highlights some of the barriers and opportunities for investors to support the rule of law, civic space and responsible tax practices - key to upholding a prosperous operating environment.
This business brief introduces the approach of transformational governance in the context of Boards of Directors and Executive Leadership, including key trends, relevant areas of work and priority actions. It provides insights on how business leaders can incorporate transformational governance into their strategies and actions, supporting the goals of SDG 16 and promoting responsible business practices. Corporate Boards of Directors and C-suite executives are central to the alignment of corporate governance with societal impact. As companies engage with TG principles and practices, corporate leadership will be better prepared to address emerging challenges, recognizing that pressures and expectations are expanding beyond traditional boundaries.
This report highlights the United Nations Global Compact's initiative to engage corporate legal functions in sustainability through the Transformational Governance (TG) approach, launched in June 2022. It details the efforts to understand and address the challenges legal functions face in today's multifaceted sustainability landscape and to incubate the idea of a function-based Network. The findings underscore the critical role of cross-functional collaboration and leadership in simplifying ESG integration.
The United Nations Global Compact–Accenture CEO Study offers a candid look at perspectives of more than 2,600 CEOs across 128 countries and 18 industries at the urgent opportunities and challenges for leaders to contribute to the 2023 Agenda and achieving the Sustainable Development Goals.
Fifty global executives convened during the UN General Assembly’s week of high-level debates, to candidly share corporate approaches to converging global crises. This business-to-business discussion focused on complex dilemmas related to strengthening peace, justice, and strong institutions (Sustainable Development Goal 16). Discussion centered around three questions: 1. How are you managing increased pressure to take a stand on political and social issues? 2. How are you weighing the cost of doing something, versus the cost of doing nothing? 3. How can lobbying be part of an accountability framework regarding corporate actions in these areas? This document summarizes high-level take-aways.
A helpful resource providing question rationale and guidance, linked reporting references, and a glossary of terms to assist in the completion of the enhanced CoP questionnaire.
The world is calling for immediate and collective action towards a universal climate goal, outlined in the Paris Agreement. Working with top talents from around the world, the United Nations is taking urgent actions to standardize guidelines for achieving Net-Zero, creating a platform of global collaboration. China takes the lead in fostering a conducive environment for global collaboration through proposing the Global Development Initiative (GDI), with a series of initiatives surrounding eight key areas including climate actions. A just transition to a Net-Zero future requires bold actions from all parties, and corporates are an indispensable force. The key to success is knowing “where to go” — setting climate targets, and “how to get there” — implementing Net-Zero initiatives.
Policy on Communication on Progress
To address the increasing risk of catastrophic climate change, provide sustainable energy to the 733 million people who currently lack access to electricity, and to power sustainable development, there is an urgent need to transition to renewable energy. Business has a critical role to play in ensuring this transition is just and leaves no one behind. This business brief outlines the context of emerging national just transition policies, provides an advocacy agenda for businesses to influence policies responsibly and includes examples of company best practices and success factors. Download today to learn the 10 recommendations for businesses to advance the just transition within and beyond their companies in support of the goals of the Paris Agreement and the 2030 Agenda. The business brief is available in English and Spanish.