Progress

A Communication on Progress (COP) seeks to inform a company’s stakeholders about its progress in implementing the Global Compact’s 10 principles. The purpose of the COP is both to ensure and deepen the commitment of Global Compact participants and to safeguard the integrity of the initiative. In addition, the collection of COPs on the Global Compact website creates a rich source of corporate practice examples that serve as a basis for learning and continuous performance improvement. Global Compact signatories are obliged to publish annually a COP compliant with UNGC requirements.

Guidance and mentoring
The Romania Network has developed guidance for its participants that apply to companies of all sizes, both large multinationals and SMEs.  In addition, members are able to request mentoring for help and advice on the content and production of COPs.

Peer review
The Romania Network has created a programme to help participants efficiently and effectively meet the requirement for publishing a COP by learning from the experience of their peers. The peer review process creates a “safe” environment where businesses can have candid conversations about the challenges of producing a COP and exchange constructive criticism.

All Romania Network members are encouraged to participate in this programme as both peer reviewers and reviewees. There will normally be 3-4 review rounds of Peer Reviews annually, depending upon requests from Network participants.

Peer reviewers consider each COP along two critical dimensions:
• Implementation of Global Compact principles
• Transparency and disclosure

Please view the COP guidance section for further details on how to prepare a COP, mentoring, and the peer review programme.

News

Human dignity will be “the core of my work,” says UN Secretary-General António Guterres
On 12 December 2016, António Guterres was sworn in as the next United Nations Secretary-General. In his vision for the post, Mr. Guterres – a former Prime Minister of Portugal and UN High Commissioner for Refugees – has said that the world body is uniquely placed to connect the dots to overcome global challenges and further strengthen the nexus between peace and security, sustainable development and human rights policies. Read more...

Electrica joined Global Compact Network Romania
Electrica SA, the only romanian company in electric power distribution and supply of Romania, signed the UN Global Compact and joined Global Compact Network Romania. Read more...

UNGC Unveils “Making Global Goals Local Business” Strategy to Drive Responsible Business Activity on SDGs
The UN Global Compact unveiled a multi-year strategy to drive business awareness and activity that supports the achievement of the Sustainable Development Goals (SDGs) by 2030. Read more...

The six steps to make for achieving the SDGs
Achieving the Sustainable Development Goals (SDGs) calls for concerted efforts to stimulate private sector investment in numerous SDG-linked sectors: infrastructure development, health and education, agriculture and food security, and a host of other areas of social, environmental and economic challenges. Read more...

Now open: the public consultation about the national anticorruption strategy
The Ministry of Justice just opened the public consultation about the national anticorruption strategy. This initiative follows Principle 10 of the Global Compact Network, concerning the anticorruption fight in public and private organizations. Read more...