GLOBAL COMPACT GHANA NETWORK

1st General Meeting23 February, 2011GLOBAL COMPACT GHANA NETWORKMEMBERSHIP (As @ December, 2010)Total GC participants at year end = 48 members 40% companies 6% business associations 48% NGOs2 % academic institutions2% labour organization 2% government entityParticipantNumberNGOs23Business Association 3Govt Entity 1Academic 1 Labour 1Companies 19Total 48REVIEW OF 2010SummaryPlanned ActivitiesGeneral MeetingsCEOs LunchPress SoireeWaste to Wealth ProjectXField VisitXLearning EventsXCOP Preparation AssistanceParticipation in International EventsCEOs Lunch

Press Soiree

Network Website - www.unglobalcompact.org.gh

UNGC / Waste to Wealth Documentary

COP Preparation Assistance & SubmissionA total of six (6) Ghanaian business participants submitted their COP in 2010. These companies were: Gemini Life Insurance Company (GLICO)African Explosives (GH) LtdStandard Chartered Bank GhanaExcel Courier Ghana LtdStanbic Bank Ghana Volta River Authority(VRA)THANK YOU2011NEW COP Policy SUMMARYNew COP Policy was introduced 1st February ,2011Business participants are required to communicate progress annually with stakeholdersWhile the overall format is flexible, each COP must contain the ff. elements:A statement by the Chief Executive expressing continued support & renewing ongoing commitment to the initiative and its principlesA description of practical actions that the company has taken to implement principles in each of the 4 issue areas. In cases where COP does not address any of the 4 issue areas, an explanation must be provided.A measurement of outcomes (i.e. identify the degreeto which targets/performance were met or measurement of results.2.Business participants must submit their annual COP on the GC websiteA COP must be submitted at the latest 12 months from the date of joining and every 12 months thereafter.Business participants are required to submit an electronic version of their COP preferably a PDF file and if available a link to the webpage that contains the COPAdditionally, participants must complete a brief questionnaire capturing the content of their COP

Note : Business Participants who joined before 1 July 2009 still have 2 years from their date of joining to submit their first COP.Submission dates of Ghanaian Business ParticipantsNAME DATEGLICO16 September 2011IPMC8 October 2011TCCL18 November 2011African Explosives GH. Ltd8 September 2011Camelot11 November 2011Standard Chartered Bank3 March 2012Excel Courier GH. Ltd24 August 2011GAFCO7 November 2011Nestle 13 November 2011NAMEDateStanbic7 October 2011Ghana Bauxite15 October 2011GOIL11 September 2011Sambus12 October 2011Unilever 12 October 2011Ghana Manganese18 June 2011Explainer DC25 May 2011Interplast6 October 2011Coca Cola4 November 2011Business Participants who submit a timely COP will be classified in one of the three categories.GC Learner : A business participant that has submitted a timely COP but whose COP is missing one or elements listed above.GC General : A business participant that has submitted a timely COP and declares that it meets all the COP requirements.GC Advanced: A business participant that goes beyond the COP requirements and also meets the ff. requirements:1) Meets all requirement of the GC General level. 2) Implements all 24 advanced criteria in the ff. areas: strategy, governance and engagement; UN goals and issues; implementation of GC principles; value chain implementation and verification and disclosure . 3) Describes implementation of all 24 criteria and associated best practices in the annual COP.4) Submits a COP on the UNGC website with a statement, signed by a high level rep. of the company declaring that each of the 24 criteria has been met.5) Completes a self assessment covering the content of the COP and assessing the companys coverage of the criteria and associated best practices. 4. Business participant who fail to submit a COP for two consecutive years will be automatically expelled.