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Corporate Social Responsibility
News
10.06.2006 - 07:00am ET
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UN Global Compact and Global Reporting Initiative Form Strategic Alliance
Move to Further Advance Responsible Corporate Citizenship
(CSRwire) (Amsterdam, 6 October 2006) - The world's two most significant
international corporate citizenship initiatives announced today that they
have united in a strategic alliance aimed at providing the global private
sector with an opportunity to embrace a responsible business strategy that
is at once comprehensive, organizing, integrated and enjoys near or total
universal acceptance.
The United Nations Global Compact and the Global Reporting Initiative
(GRI) said they will undertake advocacy and other partnership efforts to
encourage companies and corporate responsibility organizations to support
the synergistic platforms of the Compact and the GRI.
While the UN Global Compact covers citizenship "implementation" through
its 10 universal principles in the areas of human rights, labour
standards, the environment and anti-corruption, the GRI's new "G3"
Sustainability Reporting Guidelines provide guidance on transparency and
how to report on performance results.
Leaders in the corporate sector expressed their support for the new
alliance.
"Responsible corporate citizenship stands a crucial crossroads. The
embedding of values and principles into organizational strategies and
culture has been widely embraced by a critical mass of corporations around
the world" said Petra van Hoeken, Global Head of Sustainable Development at
ABN AMRO. "However, a bewildering array of codes, standards, and
initiatives have arisen resulting in a state of fragmentation with respect
to corporate citizenship strategy and execution. This alliance provides
companies with a focused approach, covering principles, implementation and
reporting".
Georg Kell, Executive Director of the UN Global Compact, said the natural
synergies between the Compact and the Global Reporting Initiative, along
with the sheer volume of participants in these initiatives globally, made
them a logical starting point for bringing some consolidation and
harmonization to the field.
"Companies participating in both initiatives have long stressed the
understanding that the GRI is a practical expression of the Global
Compact", Kell said. "While organizationally the Compact and GRI will
remain separate and distinct, we believe that this alliance will increase
the value proposition for companies around the world".
The UN Global Compact today includes more than 3000 companies and
stakeholders from approximately 100 countries, while nearly 1000
organizations from around the world are using the GRI Guidelines as the
basis for reporting.
The first practical expression of this alliance is the release today of a
tool (available online and in print) entitled "Making the Connection:
Using GRI's G3 Reporting Guidelines for the UN Global Compact's
Communication on Progress." This guide shows how Global Compact
participants can use the G3 Guidelines to fulfill their commitment to the
Compact by reporting on their progress implementing the 10 principles.
To reinforce the alliance between the UN Global Compact and the GRI, a
"call to action" has been issued from both parties to other leaders in the
field. "The objective is to mainstream responsible corporate citizenship in
order to build a more sustainable and inclusive world economy", said Ernst
Ligteringen, Chief Executive of the Global Reporting Initiative.
As part of the launch of the GRI's G3 Guidelines, leaders gather today in
Amsterdam to discuss the "call to action" by the UN Global Compact and the
GRI, and to begin to map the way forward. They include: Elisabeth Dahlin
(Swedish Ambassador, Global Responsibility); Dan Gagnier (Senior Vice
President, Alcan), Björn Stigson (President, World Business Council for
Sustainable Development), Simon Zadek (Chief Executive, Institute of
Social and Ethical AccountAbility), Georg Kell (Executive Director, United
Nations Global Compact), and Ernst Ligteringen (Chief Executive, Global
Reporting Initiative).
For interview opportunities contact Andrew Coogan of the Global Reporting
Initiative (coogan@globalreporting.org),
or Matthias Stausberg of the UN Global Compact (stausberg@un.org).
For further information about the two organizations, and to view the "call
to action" visit: www.globalreporting.org and www.unglobalcompact.org
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