Companies 'Long Way to Go' to be Socially Responsible: U.N. Global Compact Chief

Thomson Reuters
Aug 3, 2015 11:30 AM ET

Originally published on Thomson Reuters

Progress in making companies more environmentally and socially responsible has been slow and too many still focus on short-term financial gain rather than their long-term impact on people and nature, the head of the U.N. Global Compact said.

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About the UN Global Compact 
The United Nations Global Compact is a call to companies everywhere to voluntarily align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and to take action in support of UN goals and issues. The UN Global Compact is a leadership platform for the development, implementation and disclosure of responsible corporate policies and practices. Launched in 2000, it is the largest corporate sustainability initiative in the world, with over 8,000 companies and 4,000 non-business signatories based in 160 countries. www.unglobalcompact.org