1. UN Global Compact - A Strategic Update Reykjavik, 7 May 2008 Cecilie Hultmann, UN Global Compact

2. 2 Agenda  Global Compact in 2008 – Facts and Figures  Strategic priorities  Recent events  New resources  Questions/discussion

3. 3 49 percent small and medium-size enterprises (SMEs) The GC in 2008: Facts & Figures Over 4300 active business participants in 120+ countries 70+ active local networks around the world Launches in 2007: Jordan, Vietnam, Korea, Senegal, Ivory Coast (2008: Russia) 1200+ non-business participants from civil society, labour, academia Equal representation in developed and developing world 147 of the Financial Times Global 500 companies (by market cap) New business participants in 2007: 1119

4. 4 2008 Strategic Priorities  COP  Local Networks  Issues: human rights / climate / anti-corruption  Global Compact Foundation  Subsidiaries  Strategic Initiatives: PRI / PRiME

5. 5 Communication on Progress (COP)  Focus on quantity and quality  Improve capture rate (aim 50%)  More than 3300 reports in our COP database  Status of participation: non-communicating, inactive and removed

6. 6 COP Submitted Per Month

7. 7 COP – Key Figures

8. 8 Global Compact in the Nordic Region Total companiesCOPs not yet required COPs received past 12 months Non-comInactiveCapture rate Denmark54311220N/A Finland11451182% Sweden4713293289% Iceland21100100% Norway162131194% TOTAL130516074

9. 9 Local Networks Around the World

10. 10 Issue focus  Work on all principles and issues  Emphasis on climate, human rights and anti-corruption  Climate Change: “Caring for Climate: A Business Leadership Platform” towards COP15  Human Rights: 60 th anniversary of UDHR - encourage business action on human rights  Anti-Corruption: currently establishing working group, with partners (PACI, TI, WBI) to produce tools and resources

11. 11 Foundation for the Global Compact  Foundation established in 2006 to help raise funds in support of the work of the Global Compact  Strategy to widen funding base of the GC (currently annual contributions from small number of governments)  Ambition to match public and private funding (50/50)  Two types of contributions  Minimum voluntary contribution  Less than 250 employees: 100 USD  Between 250-1000 employees: 1000 USD  More than 5000 employees: 5000 USA  But more if of course most welcome and appreciated!  Earmarked project contribution

12. 12 Other strategic priorities  Deepen collaboration with PRI and PRiME  PRI (Principles for Responsible Investment): backed by 11 trillion dollars in assets.  PRiME (Principles for Responsible Management Education): more than 100 business schools around the world endorsed the initiative.

13. 13 Recent Events & New Resources  2008 African Private Sector Forum  Global Compact Board Meeting New resources:  Practical Guide to Communication on Progress  Embedding Human Rights in Business Practice II  The Partnership Assessment Tool  Inspirational Guide - Africa  After the Signature: A Guide to Engagement  2007 Leaders Summit DVD

14. 14 A Wealth of Resources

15. 15 Questions / Discussion  What can New York to do improve the value of your company’s participation? (communication, resources, clarity on strategies etc)  Do we focus on the right issues?  Is the GCO sufficiently accessible?  Do you feel you are updated on tools, resources, events etc?  What can we do to strengthen / support the local network?

16. 16 www.unglobalcompact.org