Communicating progress 2018. An integrated vision of sustainability and reporting

Spanish Chapter of the Global Compact

In order to track the progress that organizations make in specific areas of Corporate Social Responsibility and sustainable development, the Spanish Chapter of the Global Compact has put together these guidelines, based on the annual sustainability reports produced by companies on the IBEX 35 and others that are signatories to the Compact in Spain. This year 137 Spanish companies have taken part in the consultation and data has been analyzed on the following issues:

  • Human and labor rights
  • Environment
  • Combating corruption
  • Contribution to the United Nations' Sustainable Development Goals (SDGs)

The document shows how institutions have performed in these four major areas, as well as how to detect the key risks and opportunities; it reveals that, despite the improvements made by listed firms in these issues, there is most to do in the area of human rights.

The United Nations' Global Compact operates in Spain through its Spanish chapter; 1,508 institutional members, are currently signed up to this Corporate Social Responsibility initiative, ranging from major corporates, SMEs and other categories (third sector), labor unions, employer associations and educational institutions). Its goal is to encourage the implementation of the 10 Global Compact Principles among its company members and to achieve the 17 SDGs.