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Global Compact Network India
One of the key elements of the UNGC initiatives is the existence of business led multistakeholders platforms of local networks which provide an opportunity for members to share experiences, innovative practices and collaborates for furtherance of responsible business values within country specific contexts. The Global Compact Network India was formed by the UNGC participant companies from India.It was registered in New Delhi in November 2003 as a Non-Profit Society to function as the Indian Local Network of the Global Compact Programme, functioning within a globally recognized and established initiative with a pan-India membership base.
Global Compact Network (GCN) provides an extremely relevant vehicle for Indian Companies - Large & SME, Academic institutions and Civil Society organizations to join hands towards strengthening responsible business initiatives in India and Internationally.
There are four categories of members in the network
Today when the most progressive companies are focusing on CSR, Global Compact is the right platform to demonstrate Nationally and Internationally the commitment to CSR and ethical working of the companies. Voluntary guidelines on CSR by Ministry of Corporate Affairs lay emphasis on almost the same core issues as advocated by UNGC. Department of Public Enterprises has also issued guidelines on CSR for CPSEs which make a reference to UNGC.
GST @18% will be applicable on membership.