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Can company subsidiaries join the Global Compact?

April 26, 2017compact COMPANY global join subsidiaries

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Can company subsidiaries join the Global Compact?

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The Global Compact applies the leadership principle. If the CEO of a company’s global parent (holding, group, etc.) embraces the Global Compact by sending a letter to the UN Secretary-General, the Global Compact will post only the name of the parent company on the global list assuming that all subsidiaries participate as well. Subsidiaries that wish to directly send a letter to the Secretary-General, to underline their commitment, will be listed as participants, and are invited to become active in the Global Compact country network of their host country.