Odfjell will give feedback on the use of the new web-based questionnaire platform before it is launched for all Communication on Progress (CoP) reporters in 2023.
Since 2011, Odfjell annually presents CoP to the UN Global Compact. Therewith we disclose and showcase our continuous progress around our commitment to the Ten Principles of the UN Global Compact.
UN Global Compact announced the launch of a new Communication on Progress (CoP) web-based questionnaire platform coming in 2023.
Submitting an annual Communication on Progress (CoP) is at the heart of a company’s commitment to the UN Global Compact and provides valuable information to its stakeholders on the progress regarding the implementation of the Ten Principles.
How are CoPs Used?
CoPs are made publicly available on the website of the UN Global Compact at the moment they are submitted by the participant, enabling companies to communicate their efforts to support and uphold the Ten Principles of the UN Global Compact. Recent growth — both in terms of the sheer number of CoPs submitted and their sophistication — is largely driven by demand from key stakeholders including investors, civil society, governments and consumers. CoPs provide stakeholders with information to make informed choices about the companies they interact with and stakeholder vetting is a cornerstone of transparency and disclosure as a means of driving performance.
