UN Global Compact
The Global Compact is a UN initiative that presents ten general principles for
The ten principles in the UN Global Compact are a good foundation for businesses
in their work with CSR and sustainability. The principles are based on internationally
recognised conventions on human rights, worker rights, the environment and combating
Any business may draw inspiration from the ten principles, but businesses
may also choose to accede to the UN Global Compact. 237 Danish organisations and businesses
have already done so (May 2011).
Businesses which accede to the Global Compact
undertake to make the ten principles part of their business activities and report
to the Global Compact on their efforts. Reporting requirements depend on the size
of the business.
The Global Compact principles target a broad range
of organisations and businesses.
- Businesses should support and respect the protection of internationally proclaimed
- Businesses should make sure that they are not complicit in human
- Businesses should uphold the freedom of association and the
effective recognition of the right to collective bargaining
- Businesses should
support the elimination of all forms of forced and compulsory labour
should support the effective abolition of child labour
- Businesses should eliminate
discrimination in respect of employment and occupation
- Businesses should support
a precautionary approach to environmental challenges
- Businesses should undertake
initiatives to promote greater environmental responsibility
- Businesses should
encourage the development and diffusion of environmentally friendly technologies
should work against corruption in all its forms, including extortion and bribery
As can be seen above, these are general principles each business can adapt
and translate into specific initiatives when incorporating CSR into their business
strategy. Businesses may choose to focus their efforts on the principles that best
match their core business.
A separate set of principles has been developed for
investors – the Principles for Responsible Investment (PRI) which the United
The UN principles have been broadly
formulated and in no way prevent businesses from following other principles and standards,
such as the OECD Guidelines for Multinational Enterprises, etc.