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Global Compact International Yearbook 2009

The road to Copenhagen is the catchphrase: Climate Change is the top issue of inaugural edition, on the market since 1th of august 2009. In a very personal and exclusive foreword, UN Secretary-General Ban Ki-moon stresses the urgency of multilateral action: „One underlying message of this Yearbook is that a global, low-carbon economy is not only technologically possible, it makes good business sense“, said Ban. „We need the voice and energy of business to help us combat climate change.“ Sir Anthony Giddens adds the importance of the upcoming Copenhagen Climate Summit: „It is an important year, and everybody knows it because it is the year of Copenhagen. It’s a key for climate change policy. I do hope the Copenhagen negotiations will be successful, but there are reasons I have to be worried. “ Another key issue of this edition is the global economic crisis: 2008 will be remembered as the year of crises. The breakdown of financial institutions and markets and the subsequent worldwide economic downturn have put the spotlight on issues that the United Nations Global Compact has long advocated as essential responsibilities for modern business and today’s global markets: comprehensive risk management, long-term performance, and ethics. Georg Kell, Executive Director of the Global Compact, writes: „Restoring confidence and trust in markets requires a shift to long-term sustainable value creation, and corporate responsibility must be an instrument towards this end. If the crisis is any indication, it is now time to build on the advances made over the past 10 years by companies and investors in the area of ESG performance and bring this discipline to the mainstream. “

The road to Copenhagen is the catchphrase: Climate Change is the top issue of inaugural edition, on the market since 1th of august 2009. In a very personal and exclusive foreword, UN Secretary-General Ban Ki-moon stresses the urgency of multilateral action: „One underlying message of this Yearbook is that a global, low-carbon economy is not only technologically possible, it makes good business sense“, said Ban. „We need the voice and energy of business to help us combat climate change.“ Sir Anthony Giddens adds the importance of the upcoming Copenhagen Climate Summit: „It is an important year, and everybody knows it because it is the year of Copenhagen. It’s a key for climate change policy. I do hope the Copenhagen negotiations will be successful, but there are reasons I have to be worried. “

Another key issue of this edition is the global economic crisis: 2008 will be remembered as the year of crises. The breakdown of financial institutions and markets and the subsequent worldwide economic downturn have put the spotlight on issues that the United Nations Global Compact has long advocated as essential responsibilities for modern business and today’s global markets: comprehensive risk management, long-term performance, and ethics. Georg Kell, Executive Director of the Global Compact, writes: „Restoring confidence and trust in markets requires a shift to long-term sustainable value creation, and corporate responsibility must be an instrument towards this end. If the crisis is any indication, it is now time to build on the advances made over the past 10 years by companies and investors in the area of ESG performance and bring this discipline to the mainstream. “

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News around the world<br />

Australia<br />

in 1840 between the British Crown and<br />

the Maori. But the Crown failed to keep<br />

its promise: European immigrants in<br />

the 19th century forcefully displaced<br />

the indigenous people of New Zealand<br />

from their land. That was around 150<br />

years ago. Negotiations over compensation<br />

between a Maori collective of seven<br />

tribes and the New Zealand government<br />

lasted, all in all, 20 years. In June 2008,<br />

the goal was reached: The government<br />

signed over 176,000 hectares of forest to<br />

the Maori group. Together with the income<br />

from forest management, the total<br />

value of the forest area is 500 million<br />

New Zealand dollars, equal to 243 million<br />

euros. Now the tribes, with around<br />

100,000 members, are the largest private<br />

forest owners in New Zealand: “We will<br />

become major investors in the forestry<br />

sector, and the land to be returned is<br />

culturally significant to us all,” said<br />

spokesperson Tamati Kruger.<br />

Micronesia: Uncertain future<br />

The rising sea level, worsening coast conditions,<br />

decreasing fresh water supplies<br />

and invasion of non-endemic species<br />

are making many of Oceania’s island<br />

states especially vulnerable. Almost half<br />

the population of Kiribati have already<br />

been resettled to larger islands. In 2007,<br />

the Fourth Assessment Report of the<br />

Intergovernmental Panel on Climate<br />

Change (IPCC) already left no doubt: The<br />

survival of the Pacific island state, a part<br />

of Oceania that stretches across a number<br />

of islands in Micronesia and Polynesia,<br />

is acutely threatened. With the goal of<br />

reducing risks, the presidents of Micronesia,<br />

Palau and the Marshall Islands as<br />

well as the governors of the US territories<br />

in Micronesia signed the “Micronesia<br />

Challenge” in 2006. In this agreement,<br />

they adopted the goal of conserving 30<br />

percent of near-shore coastal waters and<br />

20 percent of land resources by 2020.<br />

It will be implemented in practice by<br />

establishing nature preserves, such as<br />

coral reefs, forests and even entire islands.<br />

An example is Woja Island, which<br />

faces a shortage of drinking water due<br />

to poorly planned water management.<br />

Corresponding protective measures are<br />

based on agreements with local actors to<br />

protect their living space and build up an<br />

ecological network. The project will be<br />

carried out by the international nature<br />

protection organisation “The Nature<br />

Conservancy” and a regional organisation<br />

for protection of biodiversity called<br />

“Micronesia Conservation Trust Fund”.<br />

Green polar station<br />

The environmentally friendliest polar<br />

station ever built, Belgium’s “Princess<br />

Elisabeth”, is powered solely by wind and<br />

solar energy and produces no CO2 emissions.<br />

Nine wind turbines and 408 solar<br />

cells supply electricity to the building,<br />

which houses up to 20 people. Heating<br />

is provided by 24 square metres of thermal<br />

solar cells. Built in a passive house<br />

style, the station can forego a separate<br />

heating system by avoiding heat loss and<br />

optimising free heat gain. Additionally,<br />

drinking water is won from snow, and<br />

waste water is cleaned and reused. The<br />

station is recognised as a pioneer for its<br />

use of the most modern technologies<br />

under extreme conditions: “If we can<br />

build such a station in Antarctica, we<br />

can do that elsewhere in our society. We<br />

have the capacity, the technology, the<br />

knowledge to change our world,” said<br />

engineer Alain Hubert, the station’s<br />

developer. Named for the granddaughter<br />

of Belgium’s King Albert II, the Princess<br />

Elisabeth Station was opened in February<br />

<strong>2009</strong>. Its main purpose is to investigate<br />

climate change and the variety of life<br />

forms around the South Pole. The Belgian<br />

government and private investors,<br />

in cooperation with the <strong>International</strong><br />

Polar Foundation, invested 21 million<br />

euros for the station’s construction. One<br />

million euros per year are provided by<br />

economics minister Sabine Laruelle for<br />

its operation.<br />

Antarctic tourism declines<br />

Journeys to the South Pole are in demand<br />

but relatively expensive. The global<br />

economic crisis caused the number of<br />

visitors to Antarctica to fall massively<br />

in the southern summer of 2008/<strong>2009</strong>.<br />

While a total of 46,000 people went there<br />

the year before, current visitor numbers<br />

are estimated at only 36,000. The season<br />

will be slow, writes the <strong>International</strong> Association<br />

of Antarctica Tour Operators<br />

IAATO. For ecologists, this is good news.<br />

For years they have warned of a major<br />

disaster resulting from tourism in the<br />

ecologically sensitive South Pole region.<br />

The environment got off lightly when<br />

the cruise ship Explorer sank two years<br />

ago and again when the Ocean Nova ran<br />

aground at the beginning of this year<br />

near the Argentine San Martin Station.<br />

But accidents such as these pose grave<br />

risks for the Antarctic region, for example<br />

from oil spills: “The decomposition of<br />

oil takes much longer in the cold regions<br />

than in the tropics, for example. This<br />

could have disastrous consequences for<br />

many of the species living in the region,”<br />

says Greenpeace marine biologist Antje<br />

Helms. To protect the ecosystem, participants<br />

in an international conference on<br />

the 50th anniversary of the Antarctic<br />

Treaty resolved to restrict tourism in<br />

the polar region. In April <strong>2009</strong>, they<br />

decided that only cruise ships with a<br />

maximum of 500 passengers on board<br />

would be allowed to land in future. In<br />

addition, the docking stations can only<br />

be stopped at successively, and only 100<br />

passengers will be allowed on land at the<br />

same time. There must also be at least<br />

one guide for every 20 vacationers.<br />

<strong>Global</strong> <strong>Compact</strong> <strong>International</strong> <strong>Yearbook</strong> <strong>2009</strong> 31

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