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The Global Compact Selected Experiences and Reflections
Ist Teil von
Journal of business ethics, 2005-06, Vol.59 (1/2), p.69-79
Ort / Verlag
Dordrecht: Springer
Erscheinungsjahr
2005
Link zum Volltext
Quelle
PAIS Index
Beschreibungen/Notizen
In this paper, the Executive Head of the Global Compact shares some of his own reflections on the evolution of the Global Compact initiative - United Nations Secretary-General Kofi Annan's voluntary corporate citizenship initiative in the area of human rights, labor, the environment and anti-corruption. Two main themes are addressed. The first considers the Global Compact's institutional context, examining how such an initiative is even possible in the historically hierarchical and traditionally business-unfriendly UN. The second concerns the voluntary nature of the initiative and how it interacts with regulatory approaches. It explains what the Global Compact has to offer as a voluntary initiative, as well as how it can make a unique and complementary contribution to regulation-backed initiatives. The paper concludes with a brief consideration of what the future holds for the Global Compact.