The main essence of becoming members / signatories of UN Global Compact is the acknowledgement of support towards the implementation of The 10 Principles of UNGC. Thus, as member of UN Global Compact, it is an obligatory to report the implementation of UNGC 10 Principles through Communication on Progress (COP) or Communication on Engagement (COE). Furthermore, members are highly encouraged to give financial contributions toward IGCN, as it is one of the main resources for the association secretariat to perform its roles.
There are two types of membership in UN Global Compact, the business and non business signatories. It is divided based on the kind of report that should be submitted to UN Global Compact. Communication on Progress (COP) should be submitted each year by business signatories, while Communication on Engagement (COE) should be submitted each two years by non-business signatories.
Please do not hesitate to get in touch with us should you have any question regarding your membership. We will be delighted to discuss which membership type is the most appropriate for your needs and situation.