Companies aware of UN concerns, says a UN official

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Georg Kell heads the UN Global Compact.

Companies around the world are beginning to seriously look at the issues of concern to the United Nations, according to a report released on Thursday.

The report by the UN Global Compact, which encourages companies to adopt sustainable and socially responsible policies, is based on survey responses from nearly 2,000 companies in 113 countries.

Georg Kell, the Executive Director of the UN Global Compact, who briefed journalists in New York on the report, spoke about the importance of the first finding of the survey.

"The first finding is truly significant because it shows that the UN issues- human rights, anti-corruption, environmental stewardship, social issues, poverty are also business issues and business can taken them on proactively and thereby be part of the solution or continue to ignore them at their own risk." (21)

The report says there is a still a lot of work that companies must do to narrow the gap between what they say and what they do, and to improve their overall performance.

Mr. Kell identified the supply chain as probably the most important aspect of this gap.

He said companies can no longer rely on "outsourcing responsibility and in-sourcing cost benefits" because their reputation is affected by the conditions in the supply chain.

Dianne Penn, United Nations.

Duration: 1’23″


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