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Global Compact International Yearbook 2015

The Global Compact International Yearbook is with more than 400,000 readers one of the worlds leading CSR publications. In the new edition Leonardo DiCaprio speaks about business and sustainability. Declares DiCaprio: “We need to change our thinking and our sense of urgency .” Leonardo DiCaprio may be one of the world’s top movie stars, but he would rather be defined and respected more for his work as a committed environmentalist. Over the years, he has personally funded as well as helped to raise tens of millions of dollars for a variety of green-related causes. He believes that his greatest legacy will be the progress he has helped make toward safeguarding the planet against the ravages of global warming, pollution, and species protection. Other issues are: The state of CSR and 15th anniversary of the UN initiative Private Investment and Sustainable Development Voluntary Sustainability Standards Münster/New York 2015: 172 pages, paperback Publishing houses: macondo publishing/UN Publications Subscription (via UN Publications only): 30.00 USD (regular) 15.00 USD (reduced) ISBN13: 978-3-9813540-9-6 / ISSN-Print: 2365-3396 / ISSN-Internet: 2365-340x

The Global Compact International Yearbook is with more than 400,000 readers one of the worlds leading CSR publications. In the new edition Leonardo DiCaprio speaks about business and sustainability. Declares DiCaprio: “We need to change our thinking and our sense of urgency .” Leonardo DiCaprio may be one of the world’s top movie stars, but he would rather be defined and respected more for his work as a committed environmentalist. Over the years, he has personally funded as well as helped to raise tens of millions of dollars for a variety of green-related causes. He believes that his greatest legacy will be the progress he has helped make toward safeguarding the planet against the ravages of global warming, pollution, and species protection. Other issues are:

The state of CSR and 15th anniversary of the UN initiative
Private Investment and Sustainable Development
Voluntary Sustainability Standards
Münster/New York 2015: 172 pages, paperback
Publishing houses: macondo publishing/UN Publications
Subscription (via UN Publications only): 30.00 USD (regular) 15.00 USD (reduced)
ISBN13: 978-3-9813540-9-6 / ISSN-Print: 2365-3396 / ISSN-Internet: 2365-340x

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To mark the UN <strong>Global</strong> <strong>Compact</strong>’s 15th<br />

anniversary, we talked with Rev. Oliver<br />

Williams, Board member of the Foundation<br />

of the initiative, about achievements and<br />

criticism of the UNGC, the state of CSR<br />

and business ethics, and how some key<br />

arguments have evolved over the past.<br />

SUStainable ValUE<br />

for StaKEHolders<br />

When Kofi Annan founded the UN <strong>Global</strong> <strong>Compact</strong> (UNGC), his intention<br />

was to build a more robust global community for a just approach<br />

to globalization. Did the UN keep this promise?<br />

Rev. Oliver Williams: Yes. But Annan was a bit more specific<br />

about what his intention was. In 2000 there were numerous<br />

problems with globalization and multinational companies,<br />

and he certainly was aware of those, more than most. But he<br />

said the particular niche for the UN <strong>Global</strong> <strong>Compact</strong> was to<br />

achieve a consensus on the global values and moral norms<br />

that would guide the global economy. Of course, he had in<br />

mind more popular violators, for example the famous Nike<br />

case: Nike was accused back in the late 1970s and 1980s of<br />

using sweatshops to manufacture their sports apparel. The<br />

Nike response was: “Do you think we have a responsibility<br />

for subcontractors that we don’t own?” Nike did not believe<br />

that there was a moral norm which required them to take<br />

some responsibility for the actions of their subcontractors.<br />

Business Ethics scholars thought that Nike did have such a<br />

responsibility. And for every Nike that you and I know about,<br />

there are thousands under the radar that we never hear of.<br />

That was the heart of the conflict.<br />

Therefore, Kofi Annan said that what we need to do is to establish<br />

a set of moral norms that are widely accepted. Now, as<br />

you probably know, Nike has come to accept the moral norm<br />

24<br />

<strong>Global</strong> <strong>Compact</strong> <strong>International</strong> <strong>Yearbook</strong> <strong>2015</strong>

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