The UN Global Compact is a social pact between businesses and the United Nations.

Companies that become participants in the UN Global Compact make their social policies known to their stakeholders through regular disclosure. Participants commit to submitting an annual status report (social report), which is then accessible on the Global Compact website.

The Global Compact is based on 10 principles that companies set themselves to follow. Participants also commit to working towards the advancement of the United Nations' global goals.

The Global Compact Academy is a live educational platform open to participants. It provides educational materials, courses, and lessons that companies can access free of charge and share with their employees as they wish.

Further information can be found at globalcompact.is.

Here you can see the Icelandic parties that are participating in the Global Compact. Festa has been a participant since 2012.

Í lok árs 2022 var ákveðið að ráða svæðisstjóra UN Global Compact á Íslandi með áformum um að auka áhrif framtaksins á Íslandi.