UN Global Compact
The United Nations Global Compact (UN Global Compact) is a special initiative from the UN Secretary-General dedicated to the sustainabilitythat had its origin in a proposal from the UN Secretary-General Kofi Annan, in 2000. Created from a UN General Assembly resolution, it is based on Ten Principles that are fundamental in the areas of human rights, labour practices, environmental protection and anti-corruption and promotes their integration in the strategy and operations of each company.
The Ten Principles are based in universally accepted declarations and conventions, namely the Universal Declaration of Human Rights, the International Labor Organization's Declaration on Fundamental Principles and Rights, and the Rio Declaration on Environment and Development.
Since 2015, the UN Global Compact has also the responsibility of contributing to the achievement of Target of the Sustainable Development Goals and the 2030 Agenda.
As a way of demonstrating their agreement with the UN Global Compact Principles, the organizations prepare and publish annually their Communication on Progress (COP) / Communication on Engagement (COE), a report where they disclose their activities in favor of these Principles, which is very useful in sharing good practices and policies among subscribers.
Today, the UN Global Compact is a vast movement that counts already with thousands of signatory organizations around the world and agglomerated in local networks. Working together with other UN agencies, the UN Global Compact contributes to the sustainability by encouraging and recognizing good and applicable practices and politics.