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Extractive Industries Initiatives Database

Search for an Initiative » United Nations Global Compact

Title
United Nations Global Compact
Lead Organization Name
Type
  • Standards
  • Capacity Building
Sector
  • Non-resource specific
Lead by
  • Donor
Goal/Objective

To mainstream the ten principles in business activities around the world and catalyze actions in support of broader UN goals, including the Millennium Development Goals (MDGs).

Value Chain Focus
  • Sustainable Development
    • - Human Rights
    • - Environmental impacts
    • - Other:
Have a mix of stakeholders such as public, private and civil society sectors contributed to the design of the initiative?
No
Geographical Focus
  • Global
In-country work
No
Who is it for?
industrial extractives companies, small-scale extractives companies, host country national governments, local civil society, international civil society
How does the initiative try to reach its objective?

The UN Global Compact asks companies to enhance, support and enact, within their sphere of influence, a set of core values in the areas of human rights, labor standards, the environment, and anti-corruption. Participants are expected to publish in their annual report or similar corporate report a description of the ways in which they are supporting the Global Compact and its 10 principles.