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The Global Compact is a purely voluntary initiative with two objectives:
- Mainstream the ten principles in business activities around
the world
- Catalyse actions in support of UN goals
To achieve these objectives, the Global Compact offers facilitation
and engagement through several mechanisms: Policy Dialogues, Learning,
Country/Regional Networks, and Projects.
The Global Compact is not a regulatory instrument it does
not police, enforce or measure the behavior or actions
of companies. Rather, the Global Compact relies on public accountability,
transparency and the enlightened self-interest of companies, labour
and civil society to initiate and share substantive action in pursuing
the principles upon which the Global Compact is based.
The Global Compact is a network. At its core are the Global Compact
Office and six UN agencies: the Office of the High Commissioner
for Human Rights; the United Nations Environment Programme; the
International Labour Organization; the United Nations Development
Programme; the United Nations Industrial Development Organization;
and the United Nations Office on Drugs and Crime. The Global Compact
involves all the relevant social actors: governments, who defined
the principles on which the initiative is based; companies, whose
actions it seeks to influence; labour, in whose hands the concrete
process of global production takes place; civil society organizations,
representing the wider community of stakeholders; and The United
Nations, the world's only truly global political forum, as an authoritative
convener and facilitator.
Further information: http://www.unglobalcompact.org/
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