United Nations

Unfortunately, many of the UNGC principles are not honored by U.S. businesses due largely in part to our current business culture and economy which often emphasizes short term profit maximization over long term sustainability and social responsibility. For example, Principle 3 calls on companies “to uphold the freedom of association and collective bargaining” while Principle 4 “urges companies not to discriminate against employees or potential employees” - both of which are commonly disregarded in the US despite being protected under international law including through ratified international treaties such as ILO Conventions 87 & 98. In addition, while union membership growth has seen recent increases due largely in part due renewed public attention on labor rights following movements like Black Lives Matter, it still falls far behind other countries such as Germany where nearly one third of its workforce is represented by unions compared with less than 11% in the US today according to 2018 stats from The World Bank Group (ftp://ftp.worldbankimflib/data/publications/globallabour_force). On the other hand some UNGC Principles are more respected among U.S businesses than elsewhere in world where legal backing may be limited or non-existent altogether . For example Principle 10 encourages companies “to work against corruption […] bribery [and] extortion” yet unfortunately this remains an issue faced by corporations located across various parts of Africa and South East Asia for instance where institutionalized corruption makes it difficult for foreign entities doing business there even if they strictly adhere company policies outlined above without fail - something that few would argue isn't a necessary step towards achieving global economic well being & prosperity but remains out of reach until adequate levels rule-of-law oversight is established throughout all regions within those countries respectively so that foreign firms can have confidence any contracts they enter into will be enforced accordingly should disputes arise etc.. In conclusion though it's important recognize that regardless whether certain UNGC Principles are consistently upheld internationally or not its value should never be underestimated given what's at stake when comes down ethical business practices around world today - namely ensuring environmental protection standards remain intact along with protecting workers' rights thus promoting better quality life overall moving forward into future generations no matter how challenging prospect may seem now given all obstacles must face get there first!

Sample Solution

  The United Nations Global Compact (UNGC) is a voluntary initiative that encourages businesses from around the world to adopt sustainable and socially responsible practices. It outlines ten principles in the areas of human rights, labor, environment, and anti-corruption. These principles are designed to serve as a guide for businesses to fulfill their responsibility to society with regard to these issues.