Voluntary Reporting: The Global Compact
(2009) 35. p.385-399- Abstract
- The presentation of the United Nation’s (UN) Global Compact (hereinafter “GC” or “Compact”) in a book dedicated to monitoring mechanisms requires an urgent clarification: the GC itself is not a monitoring mechanism meant to deliver corporate accountability. Still, the Compact is an important hub in a broader network of initiatives dealing with responsible business practices and corporate accountability. Furthermore, the GC has reporting requirements that have recently been strengthened. The initiative began as a personal initiative of Secretary-General Kofi Annan in 1999, as an attempt to address imbalances of economic globalisation; his aim was to enrol companies in a renewed push by the United Nations to achieve its goals of peace,... (More)
- The presentation of the United Nation’s (UN) Global Compact (hereinafter “GC” or “Compact”) in a book dedicated to monitoring mechanisms requires an urgent clarification: the GC itself is not a monitoring mechanism meant to deliver corporate accountability. Still, the Compact is an important hub in a broader network of initiatives dealing with responsible business practices and corporate accountability. Furthermore, the GC has reporting requirements that have recently been strengthened. The initiative began as a personal initiative of Secretary-General Kofi Annan in 1999, as an attempt to address imbalances of economic globalisation; his aim was to enrol companies in a renewed push by the United Nations to achieve its goals of peace, development and poverty-reduction. By inviting businesses to the table, the UN has embarked with the Global Compact on a controversial journey through uncharted territory. The article begins with a description of the initiative itself. The provisions of the Compact regarding corporate reporting will be detailed as well as the GC’s relationship with the Global Reporting Initiative (GRI), which is a scheme dedicated solely to sustainability reporting. After that some broader observations on corporate reporting from a human rights perspective will follow. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/e120dac9-21e5-43aa-8d70-2d1977110b39
- author
- Mares, Radu LU
- organization
- publishing date
- 2009
- type
- Chapter in Book/Report/Conference proceeding
- publication status
- published
- host publication
- International Human Rights Monitoring Mechanisms: Essays in Honour of Jakob Th. Möller
- volume
- 35
- pages
- 14 pages
- publisher
- Martinus Nijhoff Publishers
- external identifiers
-
- scopus:85170240083
- ISBN
- 9789004180710
- 9789004162365
- DOI
- 10.1163/ej.9789004162365.i-728
- language
- English
- LU publication?
- yes
- id
- e120dac9-21e5-43aa-8d70-2d1977110b39
- date added to LUP
- 2016-05-04 16:44:06
- date last changed
- 2024-01-04 04:21:07
@inbook{e120dac9-21e5-43aa-8d70-2d1977110b39,
abstract = {{The presentation of the United Nation’s (UN) Global Compact (hereinafter “GC” or “Compact”) in a book dedicated to monitoring mechanisms requires an urgent clarification: the GC itself is not a monitoring mechanism meant to deliver corporate accountability. Still, the Compact is an important hub in a broader network of initiatives dealing with responsible business practices and corporate accountability. Furthermore, the GC has reporting requirements that have recently been strengthened. The initiative began as a personal initiative of Secretary-General Kofi Annan in 1999, as an attempt to address imbalances of economic globalisation; his aim was to enrol companies in a renewed push by the United Nations to achieve its goals of peace, development and poverty-reduction. By inviting businesses to the table, the UN has embarked with the Global Compact on a controversial journey through uncharted territory. The article begins with a description of the initiative itself. The provisions of the Compact regarding corporate reporting will be detailed as well as the GC’s relationship with the Global Reporting Initiative (GRI), which is a scheme dedicated solely to sustainability reporting. After that some broader observations on corporate reporting from a human rights perspective will follow.}},
author = {{Mares, Radu}},
booktitle = {{International Human Rights Monitoring Mechanisms: Essays in Honour of Jakob Th. Möller}},
isbn = {{9789004180710}},
language = {{eng}},
pages = {{385--399}},
publisher = {{Martinus Nijhoff Publishers}},
title = {{Voluntary Reporting: The Global Compact}},
url = {{http://dx.doi.org/10.1163/ej.9789004162365.i-728}},
doi = {{10.1163/ej.9789004162365.i-728}},
volume = {{35}},
year = {{2009}},
}