| Global Compact Local Networks Conclude Istanbul Forum |
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11/06/2009 10:54 (162 Day 19:43 minutes ago) | |||||
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The FINANCIAL -- After two days of workshops and learning exchanges, the 7th Global Compact Annual Local Network Forum (ALNF) concluded in Istanbul today with a strong call for further engagement of business on its commitment to the world's largest voluntary corporate responisbility initiative.
On the closing day of the Forum, delegates of Global Compact Local Networs in nearly 80 countries agreed on a set of recommendations concerning the role of networks in companies' Communication on Progress, the initiative's annual disclosure requirement; the engagement of micro enterprises (businesses with less than 10 employees); the engagement of civil society organizations; and the governance of networks. The recommendations had been developed by four network working groups established at the 2008 ALNF in Bonn, Germany. (A summary of recommendations will be made available shortly).
"The two-day Forum saw a variety of presentations and discussions between more than 300 delegates, covering a wide range of issues, from network management to the networks' practices in advancing the Global Compact's core issue areas - human rights, labour, environment and anti-corruption," Global Compact reported.
"The 7th Annual Local Networks Forum has given new momentum to the Global Compact's efforts in promoting and advancing corporate responsibility and sustainability in every corner of the world," said Georg Kell, Executive Director of the UN Global Compact. "The ever-growing number of local networks and the record attendance here in Istanbul also underline the heightened relevance of responsible business in the context of the global recession."
Also at the Forum, the Global Compact Office released its 2008 Local Network Report, an annual survey of network activities around the world.
The next ALNF will be held in conjunction with the 2010 Global Compact Leaders Summit on 24-25 June 2010 in New York.
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