What is the primary focus of the UN Global Compact?

The primary focus of the UN Global Compact is to promote corporate sustainability initiatives. This initiative encourages businesses worldwide to adopt sustainable and socially responsible policies, along with taking tangible steps to advance societal goals. It aligns private sector operations with the universal principles of human rights, labor standards, environmental sustainability, and anti-corruption, fostering a culture of responsibility among businesses.

This focus on corporate sustainability is essential in today’s global economy, as it aims to create an inclusive and sustainable global market by not only addressing the challenges of development but also harnessing the potential of businesses to drive positive change.

The other options illustrate themes that do not align with the objectives of the UN Global Compact. Encouraging military collaborations, regulating international tourism, and standardizing global currencies do not represent the primary mission of the UN Global Compact, which is rooted in advancing sustainable practices and principles within the corporate sector to create a better world.