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Global Compact International Yearbook Ausgabe 2010

A profound retrospective of the first decade of the UN Global Compact, challenges in the light of the year of biodiversity, and instruments for an adequate Corporate Citizenship are some of the issues highlighted in the new 2010 edition of the “Global Compact International Yearbook”. Among this years prominent authors are Ban Ki-moon, Bill Clinton, Joschka Fischer and Achim Steiner. UN Secretary-General Ban Ki-moon said: “As the Global Compact enters its second decade, it is my hope that this Yearbook will be an inspiration to bring responsible business to true scale.” Formally presented during the UN Global Compact Leaders Summit in New York, the yearbook is now for sale. Looking back at the past ten years, the United Nations Global Compact has left its mark in a variety of ways, helping shape the conservation about corporate responsibility and diffusing the concept of a principle-based approach to doing business across the globe. Chapter two deals with Biodiversity: UNEP Executive Director Achim Steiner emphasizes the importance of protecting the nature: “Climate change has been described as the biggest market failure of all time – the loss of biodiversity and nature’s economically-important services must surely be running a close second, if not an equal first. Year in and year out, the world economy may be losing services from forests to freshwaters and from soils to coral reefs, with resulting costs of up to $4.5 trillion or more. Decisive action needs to be taken to reverse these declines or the bill will continue to climb – and with it any hopes of achieving the poverty-related Millennium Development Goals and a sustainable 21st century for six billion people, rising to nine billion by 2050.” Dr. Ahmed Djoghlaf, Executive Secretary of the Convention on Biological Diversity, adds: “Now is the time for concrete action from the business community to save life on earth. The alternative is an impoverished planet that can no longer support a healthy, vibrant global economy. The stakes in this fight could not be higher. As the slogan of the International Year reminds us, ‘Biodiversity is life. Biodiversity is our life.’”

A profound retrospective of the first decade of the UN Global Compact, challenges in the light of the year of biodiversity, and instruments for an adequate Corporate Citizenship are some of the issues highlighted in the new 2010 edition of the “Global Compact International Yearbook”. Among this years prominent authors are Ban Ki-moon, Bill Clinton, Joschka Fischer and Achim Steiner. UN Secretary-General Ban Ki-moon said: “As the Global Compact enters its second decade, it is my hope that this Yearbook will be an inspiration to bring responsible business to true scale.” Formally presented during the UN Global Compact Leaders Summit in New York, the yearbook is now for sale. Looking back at the past ten years, the United Nations Global Compact has left its mark in a variety of ways, helping shape the conservation about corporate responsibility and diffusing the concept of a principle-based approach to doing business across the globe.

Chapter two deals with Biodiversity: UNEP Executive Director Achim Steiner emphasizes the importance of protecting the nature: “Climate change has been described as the biggest market failure of all time – the loss of biodiversity and nature’s economically-important services must surely be running a close second, if not an equal first. Year in and year out, the world economy may be losing services from forests to freshwaters and from soils to coral reefs, with resulting costs of up to $4.5 trillion or more. Decisive action needs to be taken to reverse these declines or the bill will continue to climb – and with it any hopes of achieving the poverty-related Millennium Development Goals and a sustainable 21st century for six billion people, rising to nine billion by 2050.” Dr. Ahmed Djoghlaf, Executive Secretary of the Convention on Biological Diversity, adds: “Now is the time for concrete action from the business community to save life on earth. The alternative is an impoverished planet that can no longer support a healthy, vibrant global economy. The stakes in this fight could not be higher. As the slogan of the International Year reminds us, ‘Biodiversity is life. Biodiversity is our life.’”

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miLestOnes<br />

The first <strong>Global</strong> <strong>Compact</strong> Leaders Summit took place in New York on 24 june 2004. At the time, it was the largest meeting<br />

of representatives from industry, civil society, trade unions and politics that had ever taken place under the auspices of the<br />

United Nations. There were a variety of motivations and objectives for the Leaders Summit: In just four years, the <strong>Global</strong><br />

<strong>Compact</strong> had developed into the largest voluntary CSR initiative in the world, with well over 1,500 participants from more<br />

than 70 countries. what factors led to its success? what kind of experiences had corporations had with implementing the Ten<br />

Principles? what strategies were necessary to expand <strong>Global</strong> <strong>Compact</strong> implementation at a wider level? The participants in<br />

New York were called upon to address these questions and others, as well as to report on successes, problems and challenges.<br />

Numerous participants suggested that national and regional networks should be strengthened and the decentralisation of<br />

the <strong>Global</strong> <strong>Compact</strong> intensified. The private-sector contribution to global development was an important element of this<br />

debate. Companies were asked to form partnerships with other actors from civil society in order to tackle concrete problems<br />

more effectively, with the Millennium Development Goals (MDG) mentioned as a particular driving force. Of course there was<br />

some criticism too: Representatives from NGOs and trade unions lamented that the <strong>Global</strong> <strong>Compact</strong> mechanisms did not<br />

include a method of verifying that the principles had been implemented and a way to demand that companies take action in<br />

urgent cases. The significance of the annual Communication on Progress was stressed in response; this newly introduced<br />

confidence-building measure would be required of participants and constitute proof of actual activity.<br />

2004<br />

anti-cORRuPtiOn<br />

january: <strong>Global</strong> <strong>Compact</strong> convenes<br />

dialogue on transparency and the fight<br />

against corruption<br />

anti-cORRuPtiOn<br />

April: United Nations sets up inquiry into<br />

the Oil for Food program – underscores<br />

need for greater transparency<br />

cOP<br />

june: <strong>Global</strong> <strong>Compact</strong> launches integrity<br />

measures<br />

anti-cORRuPtiOn<br />

global compact’s first Leaders summit held in new York with<br />

more than 400 participants.<br />

july: Launch of UN <strong>Global</strong> <strong>Compact</strong><br />

Principle 10<br />

FinanciaL maRkets<br />

july: who Cares wins launched – ESG<br />

concept takes off<br />

Human RigHts<br />

November: Launch of the Embedding<br />

Human Rights series<br />

28<br />

<strong>Global</strong> <strong>Compact</strong> <strong>International</strong> <strong>Yearbook</strong> <strong>2010</strong>

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