The United Nations Global Compact is a voluntary initiative that encourages businesses worldwide to adopt sustainable and socially responsible policies. Launched in 2000, it aims to align corporate strategies with ten universal principles related to human rights, labor, environment, and anti-corruption. Companies participating in the Compact commit to integrating these principles into their operations and reporting on their progress. By joining the Global Compact, organizations can collaborate with other businesses, governments, and civil society to address global challenges such as climate change and inequality. The initiative fosters a culture of accountability and transparency, promoting sustainable development and ethical practices in the corporate world.