Purpose– In a world characterised by increasing environmental and social awareness, the number of corporate social responsibility and sustainability initiatives has significantly grown. Among these, the United Nations Global Compact (UNGC) is one of the most important, involving more than 12,000 companies. The purpose of this study is to investigate the UNGC’s worldwide diffusion, both at country and industry level, to understand the reasons leading to the highlighted dissemination patterns, and to proposevariousfutureprojections. Design/methodology/approach– The study pursues its objectives by applying the logistic curve model to data provided bytheUnited Nations. The analysis is complemented by adopting instability and concentration indexes. Findings– Results suggest that, while human rights and environmental safeguard in some areas and industries will remain a controversial issue, UNGC adoption will continue growing and giving the participants the requiredlegitimacyto competeinworldwidemarkets. Originality/value– Tothe bestoftheauthors’ knowledge,thisisthe firstpaper thatanalyses the UNGC’s worldwide diffusion and proposes a prediction model for its future dissemination. The findings are of considerable importance in extending the knowledge of the initiative and in understanding the potential valuesofits adoption.
(2022). United Nations Global Compact: Where are we going? [journal article - articolo]. In SOCIAL RESPONSIBILITY JOURNAL. Retrieved from https://hdl.handle.net/10446/271821
United Nations Global Compact: Where are we going?
Podrecca, Matteo;
2022-01-01
Abstract
Purpose– In a world characterised by increasing environmental and social awareness, the number of corporate social responsibility and sustainability initiatives has significantly grown. Among these, the United Nations Global Compact (UNGC) is one of the most important, involving more than 12,000 companies. The purpose of this study is to investigate the UNGC’s worldwide diffusion, both at country and industry level, to understand the reasons leading to the highlighted dissemination patterns, and to proposevariousfutureprojections. Design/methodology/approach– The study pursues its objectives by applying the logistic curve model to data provided bytheUnited Nations. The analysis is complemented by adopting instability and concentration indexes. Findings– Results suggest that, while human rights and environmental safeguard in some areas and industries will remain a controversial issue, UNGC adoption will continue growing and giving the participants the requiredlegitimacyto competeinworldwidemarkets. Originality/value– Tothe bestoftheauthors’ knowledge,thisisthe firstpaper thatanalyses the UNGC’s worldwide diffusion and proposes a prediction model for its future dissemination. The findings are of considerable importance in extending the knowledge of the initiative and in understanding the potential valuesofits adoption.File | Dimensione del file | Formato | |
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