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June 17, 2010

Global Compact, Deloitte launch management model

The UN Global Compact and Deloitte have developed a management model to help signatories align their operations and strategies with the Global Compact’s principles .

The new management model provide Global Compact signatories with a framework to create value for stakeholders while managing human rights, labour, environmental and anti-corruption impacts.

Deloitte’s global chairman John Connolly said: “We have observed a dramatic shift in society’s expectations of business — a shift away from the idea that business is only about profit-making ahead of all other motives, and towards the notion that companies must actively foster the social and environmental conditions that make profitability possible. It’s our fervent hope that the UN Global Compact Management Model serves as the bridge that links these two drivers of corporate behaviour.”

The model was developed with input and feedback from more than 50 business participants of the Global Compact.

 

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