Global Compact needs to be strengthened: Khan

9 July 2007 at 10:41 am | Posted in Amnesty International, Human rights, Irene Khan, News, Sydney Peace Prize, United Nations | Leave a comment

2005 Sydney Peace Prize recipient Irene Khan has called for the United Nations Compact to be strengthened.

At the recently concluded Global Compact Leadership Summit, Khan acknowledged the significance of the Global Compact, but asked if the Compact’s “great potential to advance corporate social responsibility, including the protection of human rights…is being fully realised”?

“It is not enough for the Compact simply to teach and to insist on transparency and disclosure, and then let things be. It is easy to sign-up to principles when no-one will hold you accountable for implementing them,” the Amnesty International Secretary General said in her address. “The Global Compact needs to find ways to hold participants accountable for upholding its principles.”

The UN Global Compact is an initiative to “bring companies together with UN agencies, labour and civil society to support universal environmental and social principles”. It was launched in July 2000. Its aim was to include the private sector in promoting responsible corporate citizenship in achieving a more sustainable and inclusive global economy.

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