
"Let us choose to unite the power of markets with the authority of universal ideals. Let us choose to reconcile the creative forces of private entrepreneurship with the needs of the disadvantaged and the requirements of future generations".The GC has two objectives: 1) Make the 10 principles part of business strategy, operations and culture everywhere and 2) Facilitate partnerships toward UN goals such as the MDGs. It is a multi-stakeholder initiative including prticipants from business, civil society (NGOs), governments / UN and labour. At the heart of the GC are 10 universal principles in the areas of:
Kofi Annan
- Human Rights
- Labour Conditions
- Environment
- Anti-Corruption
This PowerPoint file gives a good overview: Global Compact Presentation