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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SK<br />
The <strong>Global</strong><br />
Social Enterprise<br />
Action Hub<br />
By the Social Enterprise Team, SK SUPEX Council<br />
As social and environmental issues change and become more complex, a new approach is<br />
required beyond the existing efforts of governments, NGOs, and corporations to tackle global<br />
challenges. In this regard, social enterprises are becoming significant players in bolstering<br />
global sustainability and addressing social challenges in innovative and sustainable ways.<br />
With the objectives of creating both economic and social value, social enterprises adopt<br />
managerial efficiency and market mechanisms in their social operations to offer more<br />
customized and efficient solutions that deliver larger and more sustainable impacts.<br />
For social enterprises to grow, support<br />
from – and cooperation among – different<br />
players is necessary. Large corporations<br />
can play an especially important<br />
role in supporting social enterprises<br />
through their state-of-the-art technologies,<br />
financial firepower, and global networks.<br />
Recognizing social enterprises<br />
can be a vehicle to effectively deal with<br />
fundamental problems.<br />
SK’s effort to build an ecosystem for<br />
social enterprises<br />
SK has been focusing on creating a vibrant<br />
and robust ecosystem that supports<br />
social enterprises. SK has tested various<br />
ideas by establishing new social enterprises<br />
and supporting existing ones in<br />
Korea. SK is endeavoring to leverage its<br />
core competencies in supporting social<br />
enterprises to maximize their impacts.<br />
SK established Happy ICT, a social enterprise<br />
that offers IT training and field<br />
IT experiences to the underprivileged to<br />
help support their employment opportunities.<br />
Happy ICT is working to narrow<br />
the information gap between different<br />
socioeconomic classes and to build a<br />
social safety net in the telecommunication<br />
sector. SK has also transformed one<br />
of its subsidiaries, Happy Narae – a<br />
maintenance, repair, and operations<br />
company – into a social enterprise. As a<br />
social enterprise that supports other social<br />
enterprises, Happy Narae purchases<br />
products of other social enterprises, thus<br />
providing a healthier and broader sales<br />
channel. To find and nurture prospective<br />
social entrepreneurs, SK also launched<br />
a website called “Sesang,” a collaboration<br />
network that brings together the<br />
expertise of diverse sectors such as social<br />
enterprises, governments, and NGOs.<br />
Through the website, SK is consolidating<br />
the foundation to support social<br />
enterprises through information services,<br />
communication, and research.<br />
Reflecting the increasing interest of the<br />
UN in enhancing its partnerships with<br />
the private sector, the UN <strong>Global</strong> <strong>Compact</strong><br />
and SK came together to launch<br />
an online platform to connect social<br />
enterprises with corporations and other<br />
stakeholders such as impact investors.<br />
At the Rio+20 Corporate Sustainability<br />
Forum in June 2012, which was hosted<br />
by the <strong>Global</strong> <strong>Compact</strong>, SK announced<br />
a collaborative project with the <strong>Global</strong><br />
<strong>Compact</strong> called The <strong>Global</strong> Social Enterprise<br />
Action Hub (SE Hub), an online platform<br />
for social enterprises and impact<br />
investors. The SE Hub collaboration was<br />
also reiterated at the World Economic<br />
Forum in January <strong>2013</strong>, and it is being<br />
pushed ahead as one of the <strong>Global</strong> <strong>Compact</strong><br />
LEAD priority projects. The <strong>Global</strong><br />
<strong>Compact</strong> and SK plan to unveil the beta<br />
version of the Hub at the <strong>2013</strong> <strong>Global</strong><br />
<strong>Compact</strong> Leaders Summit and to launch<br />
the final version by the end of 2014. As<br />
92 <strong>Global</strong> <strong>Compact</strong> <strong>International</strong> <strong>Yearbook</strong> <strong>2013</strong>
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