Chaired by Shri NR Narayana Murthy, the CEO's meet's

aim was to build stronger industry commitment and

practices regarding respect for human rights, and launch the

India CEO Forum on Business and Human Rights. On the

morning of February 13th 2012 the Global Compact

Network India with 30 Indian CEO's and other senior

business leaders of private companies and PSU's convened

to discuss the matter of respect for human rights by the

Indian corporate sector. Issues pertaining to Global and

national policy developments and Good practices and

challenges in India and around the world regarding imple-

mentation of respect for human rights were discussed. They

decided to regularly discuss the progress of the companies

regarding Human rights and formed the CEO Forum on

Business and Human Rights.

HIGHLIGHTS :

CEO FORUM-FEBRUARY 13, 2012

Vol. : 3 January - March, 2012Issue : 4

NewsletterNewsletter

Dear Member,

With the onset of 2012 we further move a year ahead to meet our commitment to the CSR principles of UN Global Compact. It is with the sustained and ever increasing efforts and commitment from

our members that we have been able to hold successfully the India CEO Forum on Business and Human Rights, roundtable on Design and Implement Effective Risk Assessment Mechanisms and the Seventh National Convention on 'Corporate Perspective on Sustainable Development: Rio+20 and Beyond'.

With the global Submit Rio+20 round the corner, the objective will be to hammer out an agreed framework that is radical, forward - looking and legally binding so that clear guidance and directives are available for various actors to put together an ensemble cast and act on a coordinated agenda that would make a perceptible difference in addressing the priority towards Livelihood Sustainability against Lifestyle Sustainability.

Sustainability, as discussed at various forums- the 7th National Convention, monthly meetings with the members of Global Compact Network and the upcoming Sustainability Submit envisions at developing a scenario in future where corporate entities can and will assume leadership positions in addressing sustainability issues. However as economic distress deepens or recovery stagnates, consumers will shy away from paying a premium on goods and services supporting sustainability measures that impose an additive cost to the consumer.

Thus it is important that a national mandate emerges through regulatory frameworks in terms of access to natural resources and ability to leverage them for seeking energy security for the growth aspirations of those from the lowest strata of the society. Enforcement of the regulations should be more stringent with penalties for transgression. Multi-national corporations must conform with local standards in host countries rather than applying stringent international standards across geographies, Internationally acceptable standards for uniform applicability across sovereign Nations irrespective of their economic development level appear unlikely.

This prosaic scenario that balances idealism with practicality is likely to operate for at least the next decade, thereby defining a typical 'Indian approach' towards corporate sustainability.

President's Desk

We must continue and even intensify our advocacy and prescriptive efforts in engaging with our National leaders to conclude a universally acceptable agreement at the Rio + 20 conference and explore unique collaborative opportunities and partnerships amongst business value chains that create win - win solutions for all in promoting the common agenda of sustainable development.

On behalf of the UN Global Compact and Global Compact Network India I invite you to join for the upcoming Rio+20 United Nations Conference on Corporate Sustainability Forum in the month of June.

With best wishes,

Sudhir VasudevaPresident GCN-India

7TH NATIONAL CONVENTION, MARCH 21, 2012

Smt. Jayanthi Natarajan, Hon'ble Minister of State (Inde-pendent Charge) Ministry of Environment and Forests Government of India inaugurated Global Compact Network National Convention in New Delhi. Mr. C S Verma, Chairman, SAIL & Chairman, Convention Committee, GCNI, Mr. S Vasudeva, Chairman and Managing Director, ONGC & President, GCNI, Mr Patrice Coeur- Bizot, Resident Coordinator, UNDP India and Dr. Uddesh Kohli, Executive Member, GCNI and Sr. Advisor, UNGC also spoke at the inaugural session of the conven-tion. The convention facilitated deliberations on the roadmap, targets, timelines and role of participating institutions. The theme for this year's convention was 'Corporate Perspective on Sustainable Development: Rio+20 and Beyond'. The three main issues discussed were Green economy in context of sustainable develop-ment chaired by Mr. Girish Pradhan, Secretary, ministry of new and renewable energy, Equity and human wellbeing which was chaired by Mr. NK Nanda, Director and acting CMD, NMDC and Enabling a framework for action through innovation, partnerships and best practices which was chaired by Mr. SPS Bakshi, CMD, EPIL. The findings of this convention were discussed at the Mumbai Sustainability Summit in April and will also be presented at the Rio +20 sustainability forum in June.

Launch of Policy Paper of Collective Action Project: Business Case for Public - Private Dialogue on Anti-Corruption and Green Economy at the 7th National Convention of Global Compact Network India in New Delhi by Smt. Jayanthi Natarajan, Minister for Environment and Forests, Government of India.

The Policy Paper attempts to strengthen the efforts of collective action by reaching out to various stakeholders, so as to address the issue of corruption in all its manifesta-tions, by focusing on the values of collective action and corporate responsibility in fighting corruption. The paper spells out the agenda of collective action to be taken up by the stakeholders and the development of a business case for anti-corruption and green economy in the country.

The policy paper suggests scaling up of existing anti-corruption efforts among stakeholders by providing knowledge, skills, strategies and resources to promote ethical practices and transparency in business operations.

On March 27th & 29th, IBLF brought together senior company executives in Mumbai and New Delhi respec-tively to take a collaborative approach to promote transparent, efficient business practices. These roundtables are part of a programme where corruption is viewed as a common threat to profitability and growth.

By sharing challenges and successes in building manage-ment approaches to reduce the risk of corruption, companies can strengthen their internal systems, improve the operating environment and help demonstrate the values and ethics of corporate India.

The roundtables featured presentations from Siemens, Tata, Control Risks and KPMG, an update from the Chief Vigilance Officer of the Maharashtrian State Government and a discussion between the company secretaries, compliance managers and legal officers of Indian and Multinational companies.

On February 17, 2012 Galgotia Business School in partnership with the local network of United Nations Global Compact i.e. Global Compact Network India organized a one day National Conference on "Technology to common man-2012: Green Supply Chain Strategies for Sustainable Development"

The objective of the conference was to provide a special forum to present and discuss various issues in the area of supply chain innovation and technology management and to facilitate sharing research based knowledge among academicians and practitioners. The conference was well attended by researchers and practitioners for discussions

ROUNDTABLE DISCUSSIONS : 'ANTI-CORRUPTION: HOW TO DESIGN AND IMPLEMENT R ISK ASSESSMENT MECHANISMS'

NATIONAL CONFERENCE ON "TECHNOLOGY TO COMMON MAN-2012 : GREEN SUPPLY CHAIN STRATEGIES FOR SUSTAINABLE DEVELOPMENT"

on critical supply chain and business issues with special focus on green logistics.

January 2012

The meeting was hosted by Tata Teleservices Limited on 18th January 2012 and was chaired by Dr. Uddesh Kohli Senior Advisor, UN Global Compact and Mr. Rajeev Narayan, Senior Vice President, Tata Teleservices Limited. Mr. Jitendra Routray, Manager, Tata Teleservices Limited, made a presentation on CSR activities at their organisation.

The theme of the meeting was "Corporate Sustainability at Tata Teleservices". Giving a broad overview of the ongoing projects the CSR team at Tata Teleservices highlighted the support activities of the company and TCCL (Tata Council for Community Initiatives) which is an initiative that lends structure to the Tata Group's approach of sustainable development while driving its community engagement and improvement programs. It is a centrally-administered agency whose purpose is to help Tata companies and employees engage in developing the community through specific processes.

The second presentation was made by Mr Ramandeep Singh, Director, Suntron Energy Limited. He explained about Aqua Infinitum products and highlighted what makes the Aqua Infinitum Water Systems unique? He also shared information about the various products designed by Aqua Infinitum for water treatment equipment with the other members.

Februrary 2012

The meeting was hosted by ACC Limited on 29th February 2012, it was chaired by Dr. Udesh Kohli Senior Advisor, UN Global Compact and Mr. Mangesh Gupte, Corporate Head, CSR, ACC Limited. A presentation was made by Mr. Pratyush Panda and Ms Romita Roshan Pandita on ACC activities for CSR. The theme for the meeting was “Co-processing at ACC a step towards sustainable development.” They briefed everyone about

KNOWLEDGE SHARING AND NETWORKING:

GCN Monthly meetings

the initiatives taken by ACC for environment sustainability. The second presentation was made by Mr. Vijay Kiran Ravala, from the collective action project of Global Compact Network India. The theme of the presentation was “Business Case for Public–Private Dialogue on Anti-Corruption and Green Economy” He briefed everyone about the implications of corruption and its empirical evidence. Mr. Vijay Kiran also shared the forthcoming event of the collective action project:

National Consultation on procurement

Seminar series on transparency & ethics- Kolkata

Publication : Raising the bar through collective action, Anti-corruption effort in action

The meeting was hosted by HCC Mumbai at their office on 20th February 2012. The attendees discussed the future course of action and strategies for promoting Global Compact principles and advancing membership among the companies located in the western region.

The chapter meeting of Hyderabad was hosted by Dr. Reddy's Laboratories Ltd, at their office on 6th March 2012. The attendees discussed the future course of action and strategies for promoting Global Compact principles and advancing membership among the companies located in the southern region.

To build a strong industry commitment and practices regarding respect for Human Rights the HRSC subcom-mittee was at launched the CEO Forum on Business and Human Rights. Regular meetings of the HRSC members were held during the quarter to successfully launch the initiative.

Dr. Alka Mittal from ONGC, Mr. Rajiv Williams from JSL Stainless Ltd & Convenor HRSC, Dr. U. K. Kohli from GCN India, Ms. Maggie Singh from TCS, Ms. Subha Sekhar from Coca Cola Co. and Ms. Rubina Sen from GCN India, attended the meetings.

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GLOBAL COMPACT NETWORK SUBCOMMITTEE

GCN India Mumbai chapter meeting

GCN India Hyderabad chapter meeting

Human Rights Subcommittee (HRSC) meeting

For suggestions and feedback please mail us at gcnindia@gmail.com, gcni@gcnindia.org

Nominations for GCN Subcommittees

GCN members are requested to send nominations for the GCN subcommittees. Nominations are open for the following subcommittees:

Environment

Labour

Anticorruption

Principles for responsible management education (PRME)

Small and Medium Enterprises

COP/training

Strategic Partnership

You can send the nominations at gcnindia@gmail.com, gcni@gcnindia.org .

Global Compact Network is a registered society, functioning within a globally recognized and established initiative with a pan-India membership. GCN-India plays a key role in spreading awareness on Global Compact Principles within India. It provides an excellent opportu-nity to its members to deliberate on important emerging issues within the framework of the 10 principles through monthly meetings and other national events.

For more information, please visit our website www.gcnindia.org

GCN members are requested to contribute best practices within their organization in implementation of Global Compact principles and also articles on emerging CSR trends or on social issues for GCN newsletter.

UNGC signatories are encouraged to make use of UNGC ‘we support’ logo. For more information on this please contact GCN secretariat.

Business participants are required to submit a COP report on the UN Global Compact website annually and

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JOINING GLOBAL COMPACT NETWORK, INDIA

INVITING BEST PRACTICES /ARTICLES

USE OF UNGC ‘WE SUPPORT’ LOGO

COMMUNICATION ON PROGRESS (COP)

share it widely with their stakeholders. The COP is an important demonstration of a participant's commitment to the UN Global Compact and its principles. Global Compact Network India assists companies in preparing their COP report.

6 companies have uploaded their COP on the UNGC website in the period of Jan-March 2012.

Corporate : 1

Institution : NIL

NGO : 7

SME : 8

Corporate

Elecomponics Sales Pvt Ltd

SME

Suntron Energy Limited

N K Tools

Gujrat Raffia Industries Ltd.

M/s Universal Industries

Param Controls

Bartech Data Systems Pvt. Ltd.

Precision Global Springs Pvt. Ltd.

Bharat Bhoomi Corporation

NGO members

Cso Partners

Green Yatra

International Jagriti Trust

Anti-corruption Movement, Chennai

Society For Pharmaceutical Research

Shaurya

Jeevan Sagar Trust

Recently submitted COPs

New UNGC Signatories

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SCOPE Complex, Core 5, 6th Floor (ONGC Office), 7, Institutional Area Lodhi Road, New Delhi-110003Telefax : 011-24368269 Phone : 011-24306486 Email : gcnindia@gmail.com, gcni@gcnindia.orgWebsite : www.gcnindia.org