New Book to Help Companies Incorporate U.N. Global Compact Principles

New Book to Help Companies Incorporate U.N. Global Compact Principles

A consortium of ethics organisations has launched a book to help companies understand and implement the United Nations Global Compact framework and principles.

The World Business Council for Sustainable Development, Business for Social Responsibility, the International Labor Organization and the United Nations Global Compact released the book, organised around a performance model focusing on how companies can embed Global Compact principles into their business strategies.

"Raising the bar -– Creating value with the UN Global Compact" was launched at Pfizer headquarters last week to coincide with secretary-general Kofi Annan’s Leaders’ Summit taking place in New York.

A high-level panel discussed the book and how the Global Compact could make a difference in corporate values. Panel members included: Bertrand Collomb, chairman of Lafarge and WBCSD chairman; John Ruggie, director of the Center for Business and Government, Harvard’s School of Government, and former assistant secretary-general of the United Nations; Göran Hultin, executive director on employment at the ILO; and Aron Cramer, incoming chief executive of BSR.

The book, the group said, provides a catalogue of available tools and implementation guidelines companies can use to adopt the Compact’s principles.

“The book illustrates the capacity of business to address the whole range of issues related to corporate social responsibility,” said Collomb. “It shows how business provides effective and innovative solutions by walking the talk and putting into practice its commitment.”

Order the book online.