Social, political and economic challenges and opportunities in Australia, Asia and around the world affect business more than ever before. Smart business of all shapes and sizes are recognising the need to collaborate and partner with government, civil society, industry and the workforce of its people as well as the United Nations to resolve them.
The UN Global Compact is a strategic policy initiative used by organization around the world. It¹s a practical framework for the development, implementation and disclosure of sustainability policies and practices, offering participants a wide spectrum of workstreams, management tools and resources all designed to help advance sustainable business models and markets.
Whether you¹re a SME, start-up or large organisation, this policy initiative will help you align your operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and
anti-corruption. By doing so, business, as a primary driver of globalisation, can help ensure that markets, commerce, technology and finance advance in ways that benefit economies and societies everywhere.
The Global Compact is an endorsed and globally-recognised way for the private sector to review, plan for and manage increasingly complex risks and opportunities in the environmental, social and governance realms, while embedding markets and societies with universal principles and values that benefit all.
BPW Australia is one of thousands of organisations that have committed to the Global Compact¹s two complementary objectives:
1. To mainstream the ten principles in business activities around the world
2. Catalyse action in support of broader UN goals, including the Millennium Development Goals (MDGs)
As a signatory to the Global Compact, we encourage our members, sponsors, supporters and partners to seek collaborative solutions to the most fundamental challenges facing both business and society. We believe the best outcomes will be found when all stakeholders in our future work together business, government, community and the UN and this initiative is a means to achieve that. The Global Compact brings together the moral authority and convening power of the UN, the private sector¹s solution-finding strengths, and the expertise and capacities of key stakeholders in international debate. The Global Compact is global and local; private and public; voluntary yet accountable.
For more information about the benefits of being a signatory, go to www.unglobalcompact.org