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Global Compact International Yearbook Ausgabe 2013

The UN Global Compact is the world’s leading platform for corporate sustainability. In describing the future aims of the Global Compact, UN Secretary-General H.E. Ban Ki-moon says: “A growing number of business in all regions recognize the importance of reflecting environmental, social, and economic considerations in their operations and strategies. Now the challenge is to move from incremental process to transformation – in society and markets alike.” The new 2013 edition of the Global Compact International Yearbook offers proactive and in-depth information on key sustainability issues and focuses on recent developments of stakeholder management such as managing corporate legitimacy, for example. Concomitant to this is the call for a more holistic reporting of companies’ financial and nonfinancial performance, which is expressed in the idea of integrated reporting. Furthermore, this edition highlights the connection between the sustainable development of African societies and the ways of managing and governing their natural wealth. The newest developments concerning the move toward a low-carbon economy are shown in the chapter on climate change, which emphasizes the importance of reducing the output of greenhouse gases. Corresponding to the idea of mutual learning, the Global Compact International Yearbook includes 43 good practices of corporate participants that showcase different approaches to the implementation of the Ten Principles of the Global Compact. The Global Compact International Yearbook is a product of the macondo media group and United Nation Publications in cooperation with the Global Compact Office in support of the UN Global Compact and the global advancement of corporate sustainability. It contains 196 pages.

The UN Global Compact is the world’s leading platform for corporate sustainability. In describing the future aims of the Global Compact, UN Secretary-General H.E. Ban Ki-moon says: “A growing number of business in all regions recognize the importance of reflecting environmental, social, and economic considerations in their operations and strategies. Now the challenge is to move from incremental process to transformation – in society and markets alike.”

The new 2013 edition of the Global Compact International Yearbook offers proactive and in-depth information on key sustainability issues and focuses on recent developments of stakeholder management such as managing corporate legitimacy, for example. Concomitant to this is the call for a more holistic reporting of companies’ financial and nonfinancial performance, which is expressed in the idea of integrated reporting. Furthermore, this edition highlights the connection between the sustainable development of African societies and the ways of managing and governing their natural wealth. The newest developments concerning the move toward a low-carbon economy are shown in the chapter on climate change, which emphasizes the importance of reducing the output of greenhouse gases.

Corresponding to the idea of mutual learning, the Global Compact International Yearbook includes 43 good practices of corporate participants that showcase different approaches to the implementation of the Ten Principles of the Global Compact. The Global Compact International Yearbook is a product of the macondo media group and United Nation Publications in cooperation with the Global Compact Office in support of the UN Global Compact and the global advancement of corporate sustainability. It contains 196 pages.

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saga furs<br />

Providing Quality<br />

and Transparency<br />

for consumers<br />

By Charles Ferro, Saga Furs<br />

Transparency may not be the first thing that comes to mind when a fashionista gasps in awe<br />

at a stunning fur creation on a Paris, New York, London, or Milan runway, but transparency<br />

is a central value in consumer consciousness. As a fur auction house, Saga Furs promotes innovative<br />

transparency: upstream at farms where the company sources only quality Europeanproduced<br />

pelts, and downstream among partners in creative phases resulting in fashion.<br />

“Even before sustainability and transparency<br />

became household terms,<br />

Saga Furs had become the fur industry<br />

pioneer in providing openness along<br />

production chains,” says Director of<br />

Communications / CSR Päivi Mononen-<br />

Mikkilä. “This applies to cooperation<br />

with partners within Saga Furs’<br />

sphere of influence as well as processes<br />

over which the company has direct<br />

control. That we were the first in the<br />

trade to create CSR policy and to join<br />

the UN <strong>Global</strong> <strong>Compact</strong> is also noteworthy.”<br />

A garment bearing the Saga Furs® label<br />

on fashion runways carries the values<br />

of transparency demanded by consumers.<br />

The Saga Traceability System allows<br />

every pelt sold at auction to be traced<br />

back to the farm of origin. All Saga Furs<br />

pelts come from European farms and<br />

are barcoded at the source to allow identification<br />

along the production chain.<br />

In phases between an auction – dressing,<br />

logistics, manufacture – Saga<br />

Furs helps partners find services from<br />

companies that share our concerns for<br />

transparency. The traceability of the<br />

entire production chain, the fact that<br />

important stakeholders can assess it as<br />

objectively as possible, and the gradual<br />

inclusion of fur farm certification in<br />

the Saga Furs quality criteria are the<br />

company’s most important tools for<br />

increasing its own control over the<br />

products it sells. Quality criteria begin<br />

on a fur farm.<br />

Farm Certification System goes<br />

beyond what is required<br />

Saga Furs has supported – and played an<br />

active role in – the Finnish Fur Breeders’<br />

Association’s (ProFur) Farm Certification<br />

System, launched in 2005. The program<br />

raises fur-farming standards above those<br />

recommended by the EU and has proven<br />

to be a major success.<br />

104<br />

<strong>Global</strong> <strong>Compact</strong> <strong>International</strong> <strong>Yearbook</strong> <strong>2013</strong>

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