The UN Global Compact is a voluntary initiative encouraging private sector, civil society structures, trade unions, UN agencies, and other stakeholders to apply ten universal principles for social and environmental responsibility in their daily practices. The Global Compact aims to engage business in the fight against major social and ecological challenges which growing globalization entails.

Since its launch in Bulgaria in January 2003, under the auspices of the President Parvanov, the Global Compact vision in the field of human rights, labor standards, environment and anti-corruption has been adopted by more than 120 companies and NGOs who are actively translating its principles into action.

With the end of the UNDP Bulgaria Country Office assistance, the GC Network had to identify and formulate a sustainability strategy. In 2009/2010 the members of the Global Compact Network Bulgaria developed an institutional framework for the future organizational development.
As a result a new independent organization – Association Global Compact Network Bulgaria - was founded on 10 September 2010 by 20 leading companies and organizations, members the UN Global Compact. The Association is managed by a Steering Committee with Overgas Inc. as a Chair and а Control Committee .

The Association is open to accept new GC members through an procedure that will be opened soon.

The Association`s statute could be found here.