OIDEC Italy ODV ETS has been accredited to the United Nations Global Compact (UNGC), a strategic initiative of the United Nations aimed at encouraging companies around the world to adopt sustainable and socially responsible policies.

Below are specific and accurate details about this organization:

Membership

The United Nations Global Compact is an initiative of the Secretary-General of the United Nations and is part of the United Nations system. It is supported by the Global Compact Office, which reports to the Secretary-General.

Institutional significance

The UNGC is one of the United Nations' most important initiatives for promoting corporate responsibility and sustainability. Its key institutional functions include:

• Promoting the Ten Principles: Encourages companies to adhere to ten universally accepted principles in the areas of human rights, labor, environment, and anti-corruption.
• Integrating the SDGs: Assists companies in integrating the Sustainable Development Goals (SDGs) into their business strategies and operations.
• Networking and Collaboration: Facilitates collaboration among businesses, governments, civil society and other stakeholders to address global challenges and promote sustainable change.

Importance of Membership

Belonging to the UN Global Compact offers companies and other organizations several important benefits, including:

• Recognition and reputation: Membership in the Global Compact gives companies international recognition as leaders in sustainability and social responsibility, enhancing their reputation and credibility.
• Access to resources and knowledge: Member companies have access to a wide range of resources, guidance, tools and best practices to help them implement and improve their sustainability practices.
• Networking opportunities: Companies can connect with a global network of companies, NGOs, academic institutions, and other stakeholders to share knowledge and experiences and collaborate on joint projects.
• Risk management support: By implementing the Global Compact's ten principles, companies can improve risk management in the areas of human rights, the environment, labor practices, and corruption.
• Contribution to the SDGs: Membership enables companies to actively contribute to the Sustainable Development Goals by integrating these global priorities into their business strategies.

In summary, the UN Global Compact is an essential platform for companies that want to adopt and promote sustainable and socially responsible business practices, providing a structured framework and resources to make a positive contribution to society and the environment.