What year was the UN Global Compact launched?

The UN Global Compact was launched in the year 2000. This initiative was introduced by the United Nations Secretary-General at the time, Kofi Annan, during the World Economic Forum in Davos, Switzerland. It aimed to encourage businesses worldwide to adopt sustainable and socially responsible policies, emphasizing human rights, labor standards, environmental sustainability, and anti-corruption measures. The launch of the Global Compact marked a significant moment in the effort to align business operations with broader societal goals and international standards.

This initiative brought together companies, UN agencies, labor groups, and civil society to foster collaboration and accountability in the realm of corporate social responsibility. The year 2000 is critical as it reflects the growing recognition by the global community of the need for businesses to not only pursue profit but also contribute positively to society and the environment.