Oct 23, 2003
Globalization, trade and investment designs and structures reinforce a model of development -centred on free trade, hyper economic growth, and export-oriented production- which is inherently unsustainable in ecological and social terms. They also destroy viable localized and regional systems that may have the greatest long-term promise for future sustainability. Consequently, there is increasing global concern about the broader issue of corporate accountability and pressures seem to be mounting from diverse political and intellectual quarters for greater corporate responsibility. The Global Compact is the United Nations' response to this demand.
































