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The Global Compact in Pakistan. Concept, Process & Partners. Overview of the Global Compact. What it is…. Corporate Citizenship Initiative launched in July 2000 by the UN Secretary General, where he challenged business leaders to join an international initiative – the Global Compact .

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The Global Compact in Pakistan

Concept, Process & Partners

slide3

What it is…

  • Corporate Citizenship Initiativelaunched in July 2000 by the UN Secretary General, where he challenged business leaders to join an international initiative – the Global Compact.
  • It is amulti-stakeholder networkbringing business together with UN, government, labour and civil society to advance responsible corporate citizenship.
  • It is aframeworkto facilitate better interaction and increased partnerships between the public and the private sectors, with the ultimate objective to promote and support development.
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The Vision and Objectives

  • The Vision: To establish a more sustainable and inclusive global economy by fostering a more beneficial relationship between business and societies.
  • Objectives:
    • Making the Global Compact and its principles part of business strategy and operations.
    • Facilitating cooperation among key stakeholders and promoting partnerships in support of UN goals through several mechanisms:
      • Learning Platforms
      • Local Networks
      • Partnership Projects
      • Policy Dialogues
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Why a “Global Compact”

  • Business is part of the solution to problems related to globalization.
  • As only true global forum, UN is in a unique position to facilitate cooperation and collective problem-solving among various stakeholders.
  • Until now, no real international framework for promoting corporate citizenship and a global understanding of “good practices”.
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Global Compact is Network

  • Companies;
  • Business Associations;
  • Labour;
  • Governments;
  • Civil Society Organizations ;
  • Academic and public policy institutions
  • Global Compact Office and four UN Agencies:
    • Office of the High Commissioner for Human Rights
    • United Nations Environment Programme
    • International Labour Organization
    • United Nations Development Programme
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The Nine Principles

  • The Global Compact is based on nine principles of:
    • Human Rights
    • Labour
    • Environment
  • The Global Compact offers a joint platform for public and private stakeholders to:
    • express their aspirations in pursuit of these principles,
    • take joint action, and
    • learn on how to practically implement them.
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The Nine Principles Human Rights

  • Principle 1: Support and respect the protection of international human rights within their sphere of influence; and
  • Principle 2: Make sure their own corporations are not complicit in human rights abuses.
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The Nine Principles Labour

  • Principle 3: Freedom of association and the effective recognition of the right to collective bargaining;
  • Principle 4: The elimination of all forms of forced and compulsory labour;
  • Principle 5: The effective abolition of child labour; and
  • Principle 6: the elimination of discrimination in respect to employment and occupation.
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The Nine Principles Environment

  • Principle 7: Support a precautionary approach to environmental challenges;
  • Principle 8: Undertake initiatives to promote greater environmental responsibility;
  • Principle 9: Encourage the development and diffusion of environmentally friendly technologies.
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Benefits of Participation

  • Producing practical solutions to contemporary problems related to globalization, corporate citizenship and sustainable development.
  • Rallying around universal principles and responsible corporate citizenship to make the economy more sustainable and inclusive.
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Benefits of Participation

  • Leveraging the UN’s global reach and convening power with the government, business, labour, civil society, and other stakeholders.
  • Sharing good practices and learnings.
  • Accessing the UN’s broad knowledge in development issues and its practical reach.
  • Help build trust.
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Leadership… Need Critical Mass of Business leaders to sustain the movement

  • The UN system in Pakistan recognizes that the business sector has much to offer to the cause of sustainable human development and inclusive global economy.
  • Also, it will engage with the business sector and other stakeholders both as a
    • Broker/facilitator, and
    • Partner.
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Awareness… utilize forums to foster public disclosure

  • Media plays a critical role in advocating and raising awareness amongst the general public.
  • A media launch was held in Islamabad on 15 May 2003, where the media was invited to mobilize support for Global Compact.
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Learning… the CEO and board as champions

  • To launch the Global Compact, key stakeholders in the business community, labour, government, academia, development actors and media need to be consulted.
  • A core group of champions – The Global Compact Steering Board – will, with UN facilitation, guide, support and grow this initiative.
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The Global Compact Steering Board –at the country level

  • Government/Ministries
  • Individual Companies.
  • Business Associations.
  • Labour.
  • Civil Society/Non-governmental organizations.
  • Academic & Public Policy Institutions.
  • United Nations.
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Steering Board… Objectives

  • The Steering Board shall ensure that the Global Compact initiative:
    • Is based on a consultative process involving all the key partners;
    • It shall encourage national counterparts to subscribe to the GC principles;
    • Translate the engagement into concrete actions;
    • Foster learning among all stakeholders.
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Steering Board… More Specific Objectives

  • Bring together business, government, academics, labour and civil society to:
    • -Establish institutional mechanisms, such as a National Policy Dialogues and Partnership Forum,
    • -Facilitate dialogue and learning from/by all the concerned stakeholders;
    • -Advocate on national development challenges/priorities where the business sector could contribute;
    • -Initiate and promote public-private partnership projects, and facilitate corresponding mobilization of resources;
    • -Facilitate regular interaction among the stakeholders of the GC initiative, including government, private sector and civil society.
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