When was the UN Global Compact launched?

The UN Global Compact was launched in the year 2000. This initiative was introduced by then-UN Secretary-General Kofi Annan during a speech at the World Economic Forum in Davos, Switzerland. The Global Compact aims to encourage businesses worldwide to adopt sustainable and socially responsible policies by aligning their operations and strategies with ten universal principles encompassing human rights, labor rights, environmental protection, and anti-corruption.

The establishment of the Global Compact was a significant step in promoting corporate sustainability and responsible business practices on a global scale, providing a platform for companies to align their operations with these principles and engage in collaborative projects to advance broader UN goals, such as sustainable development.