UN Global Compact struggles for credibility

The UN Global Compact, the world’s largest voluntary sustainability initiative, is struggling to expand its participation levels while ensuring companies make progress on improving their environmental and social performance.

More than 4,000 firms have been ejected from the world’s leading business sustainability initiative for failing to meet its reporting requirement. Many remaining participants are not taking sufficient action on the environment and social issues, an official survey has found.

The UN Global Compact was established in 2000 to help companies reduce their environmental impacts and take a responsible approach to managing social issues such as human rights and corruption.

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