
Sustainability and business
GC finds out about what growing corporate interest in sustainability could mean for in-house lawyers from Ursula Wynhoven, CLO and chief of governance and social sustainability at the UN Global Compact.
GC: Can you tell me about the UN Global Compact and what ‘sustainability’ means for businesses?
Ursula Wynhoven (UW): The Global Compact is the UN’s corporate sustainability initiative. ‘Corporate sustainability’ in this context means the creation of long-term value by businesses in four dimensions: in economic, social, environmental, and ethical or governance terms.