UNGC and associated UN Initiatives


The UN Principles for Responsible Investment (PRI)

The UN PRI group, comprising influential international investors affiliated with the United Nations, is now calling on Chief Executive Officers of approximately 9000 companies to commit to the UN Global Compact  and its ten principles. The UN PRI group, formed in 2005, to develop a set of Principles for Responsible Investment (PRI), includes investors based in the US, Europe, Australia and emerging markets.  Australia has 60 signatories and as such is the most active country in this initiative:

The UN Global Compact is an extremely important tool for helping companies to achieve long-term business success while also fulfilling society’s expectation that they should operate responsibly. It provides companies with a framework of widely accepted standards to use in their management of environmental, social and governance (ESG) issues. Participation in the UN Global Compact sends a strong signal to investors that companies are both alert to the business implications of ESG issues, and taking active steps to incorporate them in their strategy and risk management. Donald MacDonald, Chair of the PRI initiative and Trustee of the BT Pension Scheme. Posted November 2008 EthicsWorld  


Principles for Responsible Management Education

 The mission of the Principles for Responsible Management Education (PRME) initiative is to inspire and champion responsible management education, research and thought leadership globally. The PRME are inspired by internationally accepted values such as the principles of the United Nations Global Compact. Visit the Principles for Responsible Management Education site.

 

 

 

Millennium Development Goals

The Millennium Development Goals (MDGs) are 8 international development goals that 192 UN member states and at least 23 international organizations have agreed to achieve by the year 2015. Visit the Millennium Development site.

 

Business for Millennium Development (B4MD) is an Australian based organisation that aims to mobilise the expertise and efforts of business to support growth in developing countries and contribute to the Millennium Development Goals (MDGs). Visit the B4MD site. 

 

 

Caring for Climate: the business leadership platform

"Caring for Climate" is a voluntary and complementary action platform for UN Global Compact participants who seek to demonstrate leadership on the issue of climate change. It provides aframework for business leaders to advance practical solutions and help shape public policy as well as public attitudes. The initiative is jointly developed by the Unites Nations Global Compact, the United Nations Environment Programme (UNEP) and the World Business Council for Sustainable Development (WBCSD). Find out more about the Caring for Climate platform.

 

 

 

 
The Women's Empowerment Principles

The Women's Empowerment Principles are a set of Principles for business offering guidance on how to empower women in the workplace, marketplace and community. They are the result of a collaboration between the United Nations Development Fund for Women (UNIFEM, part of UN Women) and the United Nations Global Compact.

Sub-titled Equality Means Business, the Principles emphasize the business case for corporate action to promote gender equality and women's empowerment and are informed by real-life business practices and input gathered from across the globe.

In an effort to bolster high-level corporate leadership for gender equality, top executives of Global Compact companies are invited to sign a CEO Statement of support for the Women's Empowerment Principles – Equality Means Business. Download here.

 

 

The Principles for Social Investment (PSI)

The PSI promote contributions that are Purposeful, Accountable, Respectful and Ethical. By distill­ing best-practices into a set of voluntary principles that guide the ongoing practice of social investment by organizations, the PSI seek to increase the positive impact and scalability of such contributions for the advancement of societies.

The PSI are focused on social investment / philanthropy and providing guidance to businesses and foundations on how to engage in this area more effectively. They do not have a separate signatory or reporting process but rather will support the Global Compact Office's efforts to reach out to GC participants to help build their capacity on social investment. Download here
 

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