Big gaps between big business and sustainability: UN Global CompactListen /
As sustainability commitments and policies gain ground, corporate practice still lags behind according to the United Nations Global Compact, a voluntary initiative for responsible corporate citizenship.
The public-private partnership's 2011 Implementation Survey finds large gaps when it comes to sustainability efforts made by big business.
UN Global Compact Executive Director Georg Kell says commitments need to translate into tangible action.
"There is a huge gap between policy statements on the one hand and leadership commitment and effective implementation on the ground and these gaps are quite significant in some areas.”
The survey was completed anonymously by more than 1,300 companies participating in the UN's Global Compact.