United Nations Global Compact: An Assessment of Ten Years of Progress, Achievements, and Shortfalls

S. Prakash Sethi and Donald H. Schepers

Chapter 8 in Globalization and Self-Regulation, 2011, pp 249-275 from Palgrave Macmillan

Abstract: Abstract In June 2010, the United Nations Global Compact (GC) celebrated its tenth anniversary. In summarizing the growth and success of the GC, Georg Kell, its founding director, stated: “W hat started as a ‘small Global Compact Initiative’ in 2000, ten years later, the GC stands as the world’s largest global corporate responsibility initiative. As of June 1, 2010, over 8,000 signatories—6,000 from business and 2,000 from civil society and other nonbusiness groups— based in more than 135 countries, were committed to implementing the Global Compact principles into business practices and taking actions to advance UN goals, such as the Millennium Development Goals (MDGs).”1

Keywords: Corporate Social Responsibility; Local Network; Global Reporting Initiative; Global Compact; United Nations Global Compact (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1057/9780230348578_8

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