GC Annual Review Reveals CSR Remains High on Business Agenda Despite Economic Downturn

UN Photo/Mark Garten

At a press briefing today before the UN press corps, Global Compact Executive Director Georg Kell introduced the 10th Anniversary Edition of the Global Compact Annual Review. Major findings of the Review are that the financial crisis and subsequent economic downturn appear not to have slowed down efforts to advance responsible business conduct, while global challenges like corruption or human rights remain severely neglected.

The Annual Review is based on a survey of 1,044 businesses in 97 countries, representing nearly 20 percent of all Global Compact participants at the time. The 2009 Implementation Survey is one of the largest, most comprehensive studies on global corporate responsibility implementation.

For more key findings read today’s complete announcement or download an advance copy of the Annual Review. Final copies of the Annual Review will be available at the Global Compact Leaders Summit 2010, to be held in New York on 24-25 June.

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