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GLN launches new initiative with UN Global Compact and the IFC

United Nations Global Leaders Summit, July 5, 2007

GLN has formed a joint partnership with the United Nations Global Compact and the International Finance Corporation (IFC) to help UN Global Compact signatories, IFC clients and the wider private sector in emerging markets integrate corporate citizenship into business strategy and performance. Steve Rochlin made the official announcement of the new initiative in the General Assembly of the UN Global Compact Leaders Summit in Geneva on July 5, 2007.

The Global Leadership Network has created a landmark community to define and achieve performance excellence in corporate citizenship. The network continues to grow in stature and size, to over thirty leaders from around the world with regional networks in China, Brazil and Europe and partners such as the Chinese Federation for CSR, Rever Consulting and the Corporate Citizenship Company.

GLN has established a learning and leadership group striving to embed responsible business practices as a driver of long term, sustainable competitive performance. Now, this unique partnership will open up the group’s learnings and frameworks to companies of all sizes, sectors and regions by providing them with free access to GLN’s interactive strategic planning and assessment tool.

The tool draws on an extensive database of good practice case studies, real-time benchmarking and automated reporting to provide users with the necessary information on key strategic alignment efforts. For UN Global Compact signatories in particular, the GLN Global Compact Implementation Tool will enable companies to:

  • determine strengths, weaknesses, opportunities, and threats;
  • identify mission critical citizenship priorities;
  • set plans for action, specify targets and support Communications on Progress

As a result, companies will be able to assess how the Global Compact’s ten principles and other sustainability issues serve as productive drivers of business performance that add value for owners and society alike.

A free tool will also be made available to IFC clients and companies in emerging and developing markets. “For corporate citizenship to deliver on its potential it must become fundamental to strategy and operations,” says Steve Rochlin, Head of AccountAbility North America. “The partnership among GLN, the UN Global Compact, and IFC now enables companies around the world to reach this potential.”

The new tool will be accessible via an exclusive website at www.gln-openaccess.org.

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