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Corporate Social Responsibility
News
6.29.2006 - 05:03pm ET
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Global Compact Board Convenes Inaugural Meeting
(CSRwire) New York- The new Global Compact Board, the United Nation's
high-level body involving business, civil society and labour, gathered at
UN Headquarters in New York on Wednesday for its inaugural meeting.
The 20-member board, appointed by UN Secretary-General Kofi Annan in
April, was established following a comprehensive governance review of the
world's largest voluntary corporate citizenship initiative. It is composed
of ten private sector representatives, four representatives of
international labour unions and employer organizations, as well as four
civil society representatives. Sir Mark Moody-Stuart, the Chairman of the
Foundation for the Global Compact, and Georg Kell, Executive Director of
the Global Compact Office, serve as ex-officio members. (Please visit http://www.unglobalcompact.org/NewsAndEvents/news_archives/2006_04_20.html
for a full list of board members)
Opening the meeting, the Secretary-General stressed the "enormous breadth
of experience and reach" of the board members, which hail from Latin and
North America, Africa, Europe and Asia. He expressed hope that the
diversity of perspectives "will become a core strength" of the new body,
enabling it "to find common ground, united in the shared objective of
seeing the Compact succeed in its mission."
The Global Compact Board will provide strategic advice to the initiative
as a whole and will also play a role with respect to the implementation of
the Global Compact's integrity measures, which were implemented in 2005.
Board members are further encouraged to support the initiative's
fundraising efforts, become advocates of responsible business practices
around the world and help in the preparations for the next Global Compact
Leaders Summit, to be held on 27-28 June 2007 in Geneva.
A comprehensive report of the inaugural meeting of the Global Compact
Board will be published on the Global Compact website (www.unglobalcompact.org) in
early July.
About the Global Compact:
Launched in 2000, the UN Global Compact brings business together with UN
agencies, labor, civil society and governments to advance ten universal
principles in the areas of human rights, labor, environment and
anti-corruption. Through the power of collective action, the Global
Compact seeks to mainstream these ten principles in business activities
around the world and to catalyze actions in support of broader UN goals.
With over 3300 participating companies and other stakeholders from more
than 100 countries, it is the world's largest voluntary corporate
citizenship initiative. For more information, please visit www.unglobalcompact.org.
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