As a global, multistakeholder initiative…the Global Compact has contributed to advancing voluntary corporate responsibility among a broad range of actors, articulating universal principles…and acting as a convening and learning forum to share and promote good practice…Greater coordination between the Global Compact Office and the local networks would be useful...Most importantly, the role of the Global Compact Board should be strengthened, with a view to changing its current purely advisory role into providing more of an oversight function in coordination with the Global Compact Office...