Why Corporates Should Adopt UNGC Principles for CSR

June 3, 2019 EcoVadis EN


The UNGC has clearly been an important international initiative for the global adoption of sustainable business practices and, arguably, a proof-point that commitment to clear and achievable objectives works. According to the UN Global Compact Performance Report by Ecovadis, organisations that have committed to the UNGC’s 10 principles perform significantly better on sustainability measures. In fact, the UNGC participants score, on average, 12 points higher compared to non-participants. The report also clarifies that small- and medium-sized businesses (29-999 employees) demonstrate better performance than larger organisations and act faster when addressing critical sustainability issues.


About the Author

EcoVadis EN

EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. We offer a full range of solutions including IQ-Plus Risk & Compliance Management, EcoVadis Ratings, and Carbon Action Module for Scope 3 Decarbonization. Key features like 360/Live News Monitoring, Academy E-learning and Corrective action plans help companies comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 250 industries in 185 countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis EN
Previous Article
Bridgestone Continues Advancing Sustainability and Transparency Across Global Tire and Rubber Supply Chain
Bridgestone Continues Advancing Sustainability and Transparency Across Global Tire and Rubber Supply Chain

Through a 2018 partnership with EcoVadis, a leading provider of sustainability, risk and performance rating...

Next Article
Visibility Key to Managing CSR Risks in Indirect Spend: EcoVadis (Part 3)
Visibility Key to Managing CSR Risks in Indirect Spend: EcoVadis (Part 3)

Indirect spend often gets overlooked by businesses because the outcomes from buying those goods and service...