Business signs on to the UN Global Compact, but environmentalists are wary

Ethical MarketsSustainability News

July 2007. GENEVA: U.N. Secretary-General Ban Ki-moon told business leaders Thursday they had to do more to reverse climate change and use their power to affect the world responsibly. “We need to work much harder on … climate change,” Ban told the opening of a U.N.-sponsored summit of corporate leaders, politicians and advocacy groups under the so-called Global Compact.