UNITED NATIONS THE TEN PRINCIPLES OF THE UNITED NATIONS
GLOBAL COMPACT
United Nations (UN)- It was formed in 1945 at the end
of World War II to replace the League of Nations, which
had been formed in 1919.
UNITED NATIONS GLOBAL COMPACT- It is a strategic
Almost all of the world's countries are members initiative that supports global companies that are
currently 193 nations with only a few smaller committed to responsible business practices.
territories and Taiwan, out of deference to
A call to companies to align strategies and
China, given observer status and not
operations with universal principles on human
membership. The UN is founded by member
rights, labor, environment, and anti-corruption,
countries' assessment and contributions.
and take actions that advance societal goals.
The UN consists of six main bodies:
Mission: At the UN Global Compact, we aim to
1.) General Assembly- This is the deliberative body mobilize a global movement of sustainable companies
of the UN and consists of all of the member and stakeholders to create the world we want.
countries that meet in regular sessions
01. To make that happen, the UN Global Compact
throughout the year. All of the members have
supports companies to:
an equal vote in the General Assembly.
02. Do business responsibly by aligning their strategies
2.) Security Council- This body is responsible for and operations with Ten Principles on human rights,
addressing issues related to peace and security. labor environment and anti-corruption; and
It has fifteen members, five of which are
permanent country representations—the 03. Take strategic actions to advance broader societal
United States, the United Kingdom, Russia, goals, such as the UN Sustainable Development Goals,
China, and France. The remaining ten are with an emphasis on collaboration and innovation
elected by the General Assembly every two THE TEN PRINCIPLES COLLECTIVELY FOUNDED IN:
years.
1.) THE UNIVERSAL DECLARATION OF HUMAN
3.) Economic and Social Council (ECOSOC)- This RIGHTS.
body is responsible for issues related to 2.) THE INTERNATIONAL LABOR ORGANIZATIONS
economics, human rights, and social matters. A DECLARATION ON FUNDAMENTAL PRINCIPLES
number of smaller commissions and specialized AND RIGHTS AT WORK.
agencies carry out this council’s work. 3.) THE RIO DECLARATION ON ENVIRONMENT AND
DEVELOPMENT.
4.) Secretariat- The Secretariat oversees the 4.) THE UNITED NATIONS CONVENTION AGAINST
operations of the UN and is technically headed CORRUPTION.
by the Secretary-General.
HUMAN RIGHTS:
5.) International Court of Justice. Located in The Principle 1: Businesses should support and respect the
Hague, this body hears disputes between protection of internationally proclaimed human rights.
nations. The court reviews cases concerning war
Principle 2: Businesses should make sure that they are
crimes, genocide, ethnic cleansing, and illegal
not complicit in human rights abuses.
interference by one country in the affairs of
another, among others. LABOUR:
Principle 3: Businesses should uphold the freedom of
6.) UN Trusteeship Council. While an official part of
association and the effective recognition of the right to
the UN Charter charged with overseeing all
collective bargaining.
trustee territories under UN custody, this body
is currently inactive.
Principle 4: Businesses should uphold the elimination of
all forms of forced and compulsory labour.
Principle 5: Businesses should uphold the effective
abolition of child labour.
Principle 6: Businesses should uphold the elimination of
discrimination in respect of employment and
occupation.
ENVIRONMENT:
Principle 6: Businesses should uphold the elimination of
discrimination in respect of employment and
occupation.
Principle 8: Businesses should undertake initiatives to
promote greater environmental responsibility.
Principle 9: Businesses should encourage the
development and diffusion of environmentally friendly
technologies
ANTI-CORRUPTION:
Principle 10: Businesses should work against corruption
in all its forms, including extortion and bribery.
UNITED NATIONS AS A BUSINESS PARTNER:
For a business to succeed it requires a lot of
factors to access like energy, good governance,
a sustainable economic development. As well as
other necessary overlaps with the public sector
transcendent that supports peace, security, and
poverty reduction.
