|
Corporate Social Responsibility
News
7.06.2007 - 06:59am ET
|
CSR News from:
|
|
|
News Category:
|
|
Official Launch of the GLN Global Compact Implementation Tool
Performance Excellence Tool to Help Compact Signatories Integrate Responsible business practices into core business strategy
(CSRwire) July 6, 2007- The United Nations Global Compact, the International Finance
Corporation (IFC) and the Global Leadership Network (GLN) have formed a
joint partnership to help UN Global Compact signatories, IFC clients and
the wider private sector in emerging markets integrate corporate
citizenship into business strategy and performance. The new partnership
will be unveiled during the closing plenary session at the UN Global
Compact Leaders Summit in Geneva on July 5, 2007.
Founded by IBM, AccountAbility, the Boston College Center for Corporate
Citizenship, and nine other industry leaders, GLN has created a landmark
community to define and achieve performance excellence in corporate
citizenship. The network continues to grow in stature and size, to over
thirty leaders from around the world with regional networks in China,
Brazil and Europe and partners such as the Chinese Federation for CSR,
Rever Consulting and the Corporate Citizenship Company.
GLN has established a learning, benchmarking and leadership group striving
to embed responsible business practices as a driver of long term,
sustainable competitive performance. Now, this unique partnership will
allow companies of all sizes, sectors and regions to use GLN’s
frameworks and tools by providing them with free access to GLN’s
interactive strategic planning and assessment tool.
The tool draws on an extensive database of good practice case studies,
real-time benchmarking and automated reporting to provide users with the
necessary information on key strategic alignment efforts. For UN Global
Compact signatories in particular, the GLN Global Compact Implementation
Tool will enable companies to:
determine strengths, weaknesses, opportunities, and threats; identify
mission critical citizenship priorities; set plans for action, specify
targets and support Communications on Progress
As a result, companies will be able to assess how the Global Compact
principles and other sustainability issues serve as productive drivers of
business performance that add value for owners and society alike.
A free tool will also be made available to IFC clients and companies in
emerging and developing markets. "For corporate citizenship to deliver on
its potential it must become fundamental to strategy and operations," says
Steve Rochlin, Head of AccountAbility North America. "The partnership among
GLN, the UN Global Compact, and IFC now enables companies around the world
to reach this potential."
The new tool will be accessible via an exclusive website at www.gln-openaccess.org. A preview
will be available throughout the Summit at the E-library, "Hall des Pas
Perdus" of the General Assembly building.
|
|