The UN Global Compact: What Began as an Experiment

This article gives an overview of the most well know initiatives for advancement of business responsibility. Next to the emergence & further development of the Global Compact, the basic concepts of the Global Compact as well as the participation possibilities for businesses are presented. Furthermore, the main argument of business & civil society organizations to the Global Compact are presented & the relationship of the Global Compact to the UN is elucidated. Finally, future development options are described. Adapted from the source document.