UN Global Compact for Business
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The United Nations Global Compact (UNGC) is a United Nations (UN) initiative to encourage businesses worldwide to adopt sustainable and socially responsible policies and to report on their implementation. The UNGC is not a regulatory instrument; rather, it is a voluntary initiative that relies on public accountability, transparency, and disclosure to complement regulation. Under the UNGC, companies come together with UN agencies, labor groups, and civil society, adhering to a framework with 10 principles in the areas of human rights, labor, the environment, and anticorruption.
Through a wide spectrum of specialized work streams, management tools, resources, and topical programs, the UNGC, as the world’s largest corporate citizenship initiative, aims to advance two main objectives: (1) to mainstream its 10 principles in business activities around the world ...
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