Extracts from UNGC’s introduction of the Annual Report 2019:
“Each year, the United Nations Global Compact takes an in-depth look at the progress of participating companies to advance the sustainability efforts of the 2030 Agenda.
The UN Global Compact Progress Report 2019 provides essential insights into how companies are implementing the Ten Principles of the UN Global Compact and taking action to achieve the Sustainable Development Goals (SDGs). Most importantly, it lays bare the transformations needed to get the business community on track as we approach 2020 and the final decade of delivery.
Here’s a high-level look at this year’s findings:
- Overall, the results show that reflecting the Ten Principles in core corporate policies remains high at nearly 90% across all issue areas.
- Within companies, 67% of respondents indicated that their corporate responsibility policies and strategies were developed and/or evaluated at the CEO level. Half of these companies are also conducting trainings for employees on critical sustainability topics.
- The major challenge identified by large companies is how to mainstream their commitments through their business operations and supply chain, particularly those that operate across multiple geographies. Smaller companies, meanwhile, struggle to attain the financial resources necessary to deliver impact at scale.”
Sources: All texts, content, quotes and graphics by UN Global Compact. All credits and rights to UN Global Compact.