Does the United Nations Global Compact contribute to the exercise of global governance of corporate social responsibility?The origins of the United Nations Global Compact (hereinafter referred to as the Global Compact or UNGC) date let's go back to the 1999 Davos World Economic Forum, where former Secretary General Kofi Annan proposed to the business community that "you, the business leaders gathered in Davos, and we, the United Nations, enter into a global compact of shared values ​​and principles, which will give a human face to the global market” (UN, 1999:1). United Nations, the shift from a neo-Marxist to a neoliberal approach and the change in the leadership of the United Nations. For Kofi Annan the Global Compact was a way to promote corporate social responsibility (CSR) as a means of responding to challenges. of globalization. He said: 'there is no need to wait for governments to pass new laws... you can and should act now in your own self-interest. The sustainability of globalization is at stake” (Ruggie, 2002:28). Therefore the initiative calls on the private sector to embrace, support and implement ten principles in the areas of human rights, labor standards, environment and anti-corruption within the corporate business community. A global governance approach is seen as the only way to combat the development challenge, since CSR and development issues are transnational in scope, and therefore the Global Compact aims to implement minimum standards of good business practices and socio-economic development through close partnerships with the global private sector. businesses. I'll talk about it in this and...... half of the document ...... 1.23pm). In addition to redefining the principles, the United Nations should implement tools and guidelines for businesses to be accountable and ensure compliance. Through stricter COP reporting requirements it is possible to achieve higher levels of transparency, which will subsequently lead to a greater balance of quality. Furthermore, CSR can only be achieved if businesses find a way to successfully combine the generation of economic profit, environmental protection and social justice; the three values ​​of the so-called “triple bottom line”. This approach assumes that capitalism could be a solution to the current CSR crisis as much as it is the cause. But obviously capitalism and sustainability are not easy to combine, and although the Global Compact makes an effort to combine them and to exercise global CSR governance, it has not (yet) succeeded in doing so...