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Communication on Progress “Public transparency and accountability are the cornerstones of the Global Compact” – Georg Kell. Our Desired Outcomes. Notables program better defined Guidance refined Incentives and Obstacles better understood Work plan improved

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Presentation Transcript
slide1
Communication on Progress

“Public transparency and accountability are the cornerstones of the Global Compact”

– Georg Kell

our desired outcomes
Our Desired Outcomes
  • Notables program better defined
  • Guidance refined
  • Incentives and Obstacles better understood
  • Work plan improved
  • Active engagement of a group of interested experts to provide on-going input
what is a communication on progress cop
What is a Communication on Progress (COP)?
  • A COP is a communication to stakeholders on the progress the company has made in implementing the ten principles in its business activities and, where appropriate, what the company has done to support UN goals through partnerships.
cop policy timeframe
COP Policy - Timeframe

Company joins Global Compact

cop policy timeframe5
COP Policy - Timeframe

Company joins Global Compact

COP submitted

within 2 years of join date

Next COP due in

1 year

cop policy timeframe6
COP Policy - Timeframe

Company joins Global Compact

COP submitted

within 2 years of join date

COP submitted

within 2 years of join date

COP not submitted

within 2 years of join date.

Company listed

as non-

communicating

Next COP due in

1 year

cop policy timeframe7
COP Policy - Timeframe

Company joins Global Compact

COP submitted

within 2 years of join date

COP not submitted

within 2 years of join date.

Company listed

as non-

communicating

COP submitted

N/C flag removed

Next COP due in

1 year

cop policy timeframe8
COP Policy - Timeframe

Company joins Global Compact

COP submitted

within 2 years of join date

COP not submitted

within 2 years of join date.

Company listed

as non-

communicating

COP submitted

N/C flag removed

Next COP due in

1 year

cop policy timeframe9
COP Policy -Timeframe

Company joins Global Compact

COP submitted

within 2 years of join date

COP not submitted

within 2 years of join date.

Company listed

as non-

communicating

COP submitted

N/C flag removed

Next COP due in

1 year

cop policy timeframe10
COP Policy - Timeframe

Company joins Global Compact

COP submitted

within 2 years of join date

COP not submitted

within 2 years of join date.

Company listed

as non-

communicating

COP submitted

N/C flag removed

Company inactive (de- listed)

1 year after classified

as Non Communicating

Next COP due in

1 year

cop policy timeframe11
COP Policy - Timeframe

Company joins Global Compact

COP submitted

within 2 years of join date

COP not submitted

within 2 years of join date.

Company listed

as non-

communicating

COP submitted

N/C flag removed

Company inactive (de- listed)

1 year after classified

as Non Communicating

Next COP due in

1 year

COP submitted

company re-instated

cop policy timeframe12
COP Policy - Timeframe

Company joins Global Compact

COP submitted

within 2 years of join date

COP not submitted

within 2 years of join date.

Company listed

as non-

communicating

COP submitted

N/C flag removed

Company inactive (de- listed)

1 year after classified

as Non Communicating

Next COP due in

1 year

COP submitted

company re-instated

cop policy timeframe13
COP Policy - Timeframe

Company joins Global Compact

Grace Period

A 45 day grace period will be granted to companies that contact the Global Contact Office and request an extension.

COP submitted

within 2 years of join date

COP not submitted

within 2 years of join date.

Company listed

as non-

communicating

COP submitted

company listed as active

Company inactive (de- listed)

1 year after classified

as Non Communicating

Next COP due in

1 year

COP submitted

company re-instated

what do i need to do to fulfill the cop requirement
What do I need to do to fulfill the COP requirement?
  • Step 1) Create an annual Communication on Progress
  • Step 2)Share the COP with the company’s stakeholders
  • Step 3)Submit the COP to the Global Compact website
while there is no single structure for the creation of a cop a cop must include
While there is no single structure for the creation of a COP, a COP must include:
  • Element 1: A statement of continuing support
  • Element 2: Description of practical actions: commitments made, systems implemented and actions taken
  • Element 3: Measurement of outcomes: use of the GRI G3 Guidelines is recommended
as of march 10 the compact had
As of March 10, the Compact had:
  • 3130 Active Participants
  • 692 Non-communicators
  • 523 Inactives
incentives
Incentives
  • Investment community pressure
  • Civil Society
  • Press and Media
  • Expectation of future regulation
  • Brand differentiation
  • Market Access
obstacles
Obstacles
  • Company liquidation/bankruptcy
  • Lack of resources
  • Lack of understanding
  • Change in leadership
  • Free-riders
slide24
2006
  • Inactives
  • FAQs
  • Process Improvements
  • Due Diligence
  • Progress and Value Workshops
  • Introduce Notable Criteria
slide25
2007
  • Process Improvements
  • COP Review Project
  • Quality Feedback
  • Scale P and V workshop
  • Network Work Plan Best Practices
  • Green Guide Revision- Guidance improvements
  • Refine Notable Criteria
  • IAT Training
next steps
Next Steps ???
  • Remove participants from the inactive list after one year of inactivity.
  • Refine efforts to support Local Networks.
  • Further develop the model that differentiates the leaders from the beginners.
  • Promote the use of the COP contents by stakeholders.
  • Strengthening of the GC’s relationship with CSR implementation schemes.