What are the benefits and challenges of NGOs joining the UN Global Compact?

1 Benefits of joining

By joining the UN Global Compact, NGOs can demonstrate their commitment to the 10 principles and the SDGs, and align their activities and strategies with the global agenda. They can also access a network of over 13,000 participants from different sectors, regions, and sizes, and engage in dialogue, learning, and partnership opportunities with them. Additionally, NGOs can benefit from the UN Global Compact's resources, tools, and platforms, such as the Academy, the Action Platforms, the Communication on Progress, and the Local Networks, to enhance their capacity, visibility, and impact.

2 Challenges of joining

However, joining the UN Global Compact also entails some challenges for NGOs. One of them is the cost of participation, which ranges from $500 to $10,000 per year depending on the organization's annual revenue. Another challenge is the compliance with the reporting requirements, which oblige NGOs to submit a Communication on Progress every year, detailing their actions and outcomes related to the 10 principles and the SDGs. Moreover, NGOs may face some ethical dilemmas or conflicts of interest when engaging with other participants, especially businesses, that may have different values, agendas, or practices.

4 How to make the most of joining

Once an NGO joins the UN Global Compact, it can make the most of its participation by taking advantage of the various opportunities and benefits it offers. For instance, joining a Local Network in its country or region can provide access to events, workshops, webinars, and projects with other participants and stakeholders. Additionally, exploring the Action Platforms can bring together participants and experts to develop solutions and innovations for the SDGs. The Academy is an online learning platform that provides courses, webinars, podcasts, and resources on the 10 principles and the SDGs. Moreover, seeking partnerships and collaborations with other participants, especially businesses, that share its vision and goals can provide resources, expertise, or influence. Finally, communicating its progress and impact through the Communication on Progress, the UN Global Compact website, social media, and other channels is essential.

5 How to avoid or overcome challenges

Joining the UN Global Compact can offer NGOs many benefits, but it can also present some challenges that need to be addressed. To overcome these, NGOs should plan ahead and budget for the annual fee, as well as seek funding or sponsorship from donors, partners, or members if necessary. Additionally, NGOs should develop a clear and consistent reporting strategy and use the UN Global Compact's guidelines, templates, and tools to prepare and submit their Communication on Progress. Furthermore, establishing a code of conduct and a due diligence process for engaging with other participants is important to ensure that their values, principles, and standards are respected. Lastly, if an NGO faces any difficulties or questions, they should seek guidance and support from the UN Global Compact's staff, Local Networks, or mentors.