Global Compact / United Nations Global Compact
Global Compact is a global agreement which was formed between companies and the UN to make the topic of globalization ecological and social. In 1999, the initiative for the pact was offered at the WEF in Davos by Kofi Annan. Operationally, the alliance was launched in New York in July 2000. Up to now, more than 20,000 participants in over 170 countries have joined this pact. Companies signing the pact vow to respect and promote human rights, oppose and exclude forced and child labor, oppose and exclude all forms of discrimination, promote environmental awareness, oppose any form of corruption, promote the development of green technologies, and also recognize workers' rights to organize in trade unions.