The United Nations Global Compact
UNDP China has been engaging the Chinese private sector in the dialogue on the Global Compact aiming at encouraging them to support this global initiative to integrate its principles into their strategy and operations, to localize the Global Compact and to promote support of China’s private sector to development under the overall framework of the Global Compact. |
|
Public Private Partnerships
China has had success so far in addressing many of the issues raised by both the MDGs and XiaoKang, but faces challenges in key areas including environmental sustainability, HIV/AIDS, equity, and gender equality.
Meeting the challenges of XiaoKang/MDGs will have positive ramifications for all sectors of society. Achieving these goals will require complex and collaborative solutions, with participation and support from all the key actors, including the Government, the private sector, NGOs, media, academia, and the general public.
Public-Private Partnerships (PPP) has been increasingly recognized as an effective and appropriate mechanism to manage the complexity of the development challenges and the attainment of the MDGs. UNDP helps the private sector leverage its financial and professional resources to move beyond philanthropy toward a more sustainable approach to reaching out to the poor and to support sustainable development at global and national levels. It is one of the key mechanisms to translate the Global Compact, a framework for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, the environment and anti-corruption, into concrete actions.
By partnering with a highly-networked, partnership-based, and globally trusted organization like UNDP, with its extensive knowledge and experience in addressing development challenges around the world, the private sector can ensure that its commitment to CSR is translated into effective and appropriate action. Harnessing business resources and competencies to support the UN goals: working together to address global issues may not be in the direct, immediate interests of an individual company, but are critical to long-term stability, business success and sustainability.
| The UNDP Basics of Interest to Business | The Business Basics of Interest to UNDP |
UN Identity and Impartial
UNDP’s UN identity and impartial status provide convening power to bring together a broad range of development actors
Universal Presence
UNDP has a universal presence and strong on-the-ground capabilities in more than 130 countries around the world
Operational Arm
UNDP is the operational arm of the UN system and a principle provider of development assistance and advocacy to host governments
Trusted Relationships
UNDP has trusted relationships with national and local governments as well as civil society organziations
Extensive knowledge
UNDP has extensive knowledge of communities and local development priorities and over 40 years of experience of working with local groups
Expertise
UNDP has expertise in development and corporate social responsibility issues such as climate change, energy and environment, HIV/AIDS, good governance, human rights, disaster management and shaping global values
|
Engine of growth, productivity and wealth creation
Creating local jobs, incomes, tax and export revenue and economic opportunities
Developing human capital
Providing training and health benefits in the workplace and along the corporate supply chain
Sharing international business practices and standards
In such areas as health, safety and environment, ethics and corporate governance, human rights and labour, quality and process management, innovation and risk management
Creating physical and institutional infrastructure
From telecommunications and transport to legal and financial frameworks
Supporting local business development
Forward and backward linkages, especially important with small, medium and micro-enterprises
Transferring technology
In particular in areas such ads information technology, environmental and other locally applicable technologies
Providing goods and services
That meet local needs and that offer increased access for poorer communities in the case of basic goods and services, such as medicines, energy, water and credit
Innovative financing
The creation of public-private investmefunds, social venture capital and other innovative financing mechanisums
|
See Also:
|
Public-private partnerships: A key mechanism for development in China
"Society expects companies not only to produce economic profits but also to promote equality and social justice, and balance the interests of different groups."
-Cheng Siwei, Vice Chairman, National People’s Congress, People's Republic of China
Publication Date: July 2007
|
|
UNDP China and the Private Sector
This twelve page brochure introduces
UNDP China's ongoing work in developing effective and beneficial public-private
partnerships for development. The brochure discusses the importance of the Millennium
Development Goals to the continued health of the private sector and includes three
mini-case studies on projects in the past.
|
|
|
Voices from Private Sector
"Sustainability is one of ArcelorMittal's core values. We are committed to sustainable development, of our company, our people and the world around us. PPP is one very useful and effective manner to realize our commitments", Dr. Dirk Matthys, Vice President and CEO, ArcelorMittal
Voices from Chinese Business Association
"This is the time when Chinese and UN concepts of development are closer than ever before. The Global Compact is a framework to help Chinbese businesses to become a global citizen", Hu Deping, Vice President of China Guangcai Programme, a key private sector arm of the Party
Feedback from Shell
"UNDP's coordination assistance [¡] was essential to getting a quality piece of work completed on very short deadlines [¡]. Completing the assessment with UNDP enriched our knowledge of China and the development context", Albert Wong, China's external affairs manager for the West-East project at the time of the PPP with UNDP China
|
|
plugin and Adobe Reader 
v7.0+