Business Pitch Dictionary by pitch.dog
Sustainability standards & frameworks · Core

UN Global Compact

Also called: UNGC

ELI5

A voluntary initiative based on principles concerning human rights, labour, environment and anti-corruption.

Used in conversation

“Can we separate the target for uN Global Compact from measured performance?”

Pitch context

You will see “UN Global Compact” in sustainability reports, impact decks, climate plans and assurance materials when the discussion reaches sustainability standards & frameworks.

Why it matters: In sustainability standards & frameworks, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.