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International Business Institute

Global Compact

Ivey is proud to be the first Canadian business school to become an academic stakeholder in the Global Compact. Ivey Professor Oana Branzei is the faculty lead rep for Ivey's involvement with the Global Compact. We are committed to implementing the Global Compact's principles and to use the Compact as a forum for advancing responsible corporate citizenship. Download the Global Compact Slide Collection here.

The UN Global Compact initiative pursues two complementary goals:

  1. To internationalize the Compact and its principles by making them part of business strategy and operations.
  2. To catalyze cooperation and collective problem solving between different sectors and stakeholders.

The Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of core values in the areas of human rights, labour standards, the environment, and anti-corruption. Click here to learn more about the Global Compact's ten principles in these areas.

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that they are not complicit in human rights abuses.

Labour Standards

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4: the elimination of all forms of forced and compulsory labour;
Principle 5: the effective abolition of child labour; and
Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: Businesses should support a precautionary approach to environmental challenges;
Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

Principle 10: Businesses should work against all forms of corruption, including extortion and bribery.

 

Principles for Responsible Management Education (PRME)

In March 2008, Ivey responded to the global call for business schools and academic associations to advance corporate social responsibility worldwide. The school has committed to adhere to the Principles for Responsible Management Education (PRME) unveiled by a group of scholars and leading academic organizations at the UN Global Compact Leaders Summit in July of 2007.

 

Additional Resources

Globally Responsible Leadership: Managing According to the UN Global Compact

Thumb GRLBy Joanne T. Lawrence and Paul W. Beamish
2013, Sage Publications, Inc. - 576 pages 

What does a truly global manager need to know to lead responsibly? How does he or she define and develop the core management competencies required to accomplish this?

This book uses the UN Global Compact and its ten principles as an overarching framework for understanding the complex issues facing global business managers today. Contributors from different parts of the world discuss the intersection between business and the ethical issues of our time—human rights, labor, the environment, and anti-corruption—and, most critically, how readers can address these issues in the day-to-day running of their multinational operations.

To order a copy of the book "Globally Responsible Leadership: Managing According to the UN Global Compact" from Sage Publications, Inc., click here.

Presentation: Global Compact Relevant Case Study Opportunities

For a copy of the Presentation "Global Compact Relevant Case Study Opportunities" presentated at the Global Forum for Responsible Management Education at the United Nations Headquarters on December 5, 2008, click here.

Additional Reading:

Beamish, Paul W., 2012, “How to Find, Produce and Integrate Case Studies That Promote PRME Values”, Inspirational Guide for the Implementation of PRME: Placing Sustainability at the Heart of Management Education, p.190-192.

Escudero, Manuel and Gavin Power with Sandra Waddock, Paul Beamish and Sean Cruse, 2010, “Moving Upwards: The Involvement of Boards of Directors in the UN Global Compact”, United Nations Global Compact Lead (GCLead), March.

Stephenson, Carol and Paul Beamish, 2007, “When It Comes to Doing Good, We Can Do Better”, Globe and Mail Report on Business, June 4, p.B2.

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