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United Nations Global Compact: An Assessment of Ten Years of Progress, Achievements, and Shortfalls

In: Globalization and Self-Regulation

Author

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  • S. Prakash Sethi
  • Donald H. Schepers

Abstract

In June 2010, the United Nations Global Compact (GC) celebrated its tenth anniversary. In summarizing the growth and success of the GC, Georg Kell, its founding director, stated: “W hat started as a ‘small Global Compact Initiative’ in 2000, ten years later, the GC stands as the world’s largest global corporate responsibility initiative. As of June 1, 2010, over 8,000 signatories—6,000 from business and 2,000 from civil society and other nonbusiness groups— based in more than 135 countries, were committed to implementing the Global Compact principles into business practices and taking actions to advance UN goals, such as the Millennium Development Goals (MDGs).”1

Suggested Citation

  • S. Prakash Sethi & Donald H. Schepers, 2011. "United Nations Global Compact: An Assessment of Ten Years of Progress, Achievements, and Shortfalls," Palgrave Macmillan Books, in: S. Prakash Sethi (ed.), Globalization and Self-Regulation, chapter 8, pages 249-275, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-34857-8_8
    DOI: 10.1057/9780230348578_8
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    Cited by:

    1. S. Prakash Sethi & Terrence F. Martell & Mert Demir, 2017. "Enhancing the Role and Effectiveness of Corporate Social Responsibility (CSR) Reports: The Missing Element of Content Verification and Integrity Assurance," Journal of Business Ethics, Springer, vol. 144(1), pages 59-82, August.

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