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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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Grundfos<br />

Grundfos has also committed itself to<br />

ensuring that all new buildings are energy-efficient,<br />

as befits a signatory to the<br />

World Business Council for Sustainable<br />

Development’s manifesto on Energy<br />

Efficiency in Buildings. Today, all new<br />

Grundfos buildings must be LEED Gold<br />

certified, while all renovations must<br />

meet LEED certification.<br />

A vivid example of this policy at work<br />

is the company’s recently refurbished<br />

British headquarters. This features energy-efficient<br />

pumps along with solar<br />

roof panels that supply hot water and<br />

supplement electricity usage. Similarly,<br />

Grundfos’ new Indian complex is packed<br />

with sustainability initiatives that have<br />

seen it become the country’s first goldrated<br />

green building.<br />

Putting aspiration into action<br />

Of the Ten Principles of the <strong>Global</strong> <strong>Compact</strong>,<br />

there are two that are especially<br />

close to Grundfos’ heart. These are <strong>Global</strong><br />

<strong>Compact</strong> Principle 8: “Businesses should<br />

undertake initiatives to promote greater<br />

environmental responsibility” and<br />

<strong>Global</strong> <strong>Compact</strong> Principle 9: “Businesses<br />

should encourage the development and<br />

diffusion of environmentally friendly<br />

technologies.” Grundfos has actively<br />

delivered on both principles, bringing<br />

the full weight of its global reach and<br />

technological leadership.<br />

Fostering awareness of the<br />

challenge…<br />

Over the past few years Grundfos has<br />

put a great deal of focus on creating<br />

awareness of the role of pumps in industrial<br />

energy overconsumption, along<br />

with their potential as an immediate<br />

solution. This has centered on the Meet<br />

the Energy Challenge NOW campaign.<br />

Disseminated through multiple media<br />

channels, including social media, this<br />

campaign has targeted a broad array<br />

of relevant people, from company purchasers<br />

to CSR managers to politicians.<br />

Its goal is as crucial as it is simple – to<br />

make people understand just how real<br />

and present the issue is, while informing<br />

them how the ever-present pumps they<br />

take for granted could make an immediate<br />

and radical difference.<br />

As there are many who remain unconvinced<br />

of the reality or urgency of global<br />

warming, the campaign has also emphasized<br />

that reduced energy consumption<br />

translates to lower power bills and that<br />

energy-efficient installation or retrofitting<br />

may cost a little more to start with,<br />

but in the long run saves a lot of money.<br />

… and introducing a practical<br />

solution<br />

Meet the Energy Challenge NOW has<br />

been run in conjunction with the release<br />

of next-generation high-efficiency pump<br />

technology. Pumps are an often overlooked<br />

opportunity for energy savings.<br />

This is because most run at full speed at<br />

all times when, in fact, they rarely need to.<br />

A typical example of this is hotels, where<br />

very few guests will take showers during<br />

the late hours. This makes maintaining<br />

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

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