By Lena Babaeva Coradini

Deloitte Creates Six-Step Plan to Corporate Sustainability outlining and defining steps that organizations can take to move towards social and environmental responsibility:

The result is the U.N. Global Compact Management Model, an in-depth guide to help companies incorporate the Global Compact's 10 principles into their daily operations, as well as to work toward continuous improvement.

"While the U.N. Global Compact has evolved in countless ways over the past decade, there has been one unshakable and non-negotiable constant, and that is the aim of translating the core ten principles into value-enhancing management practices," Georg Kell, Executive Director of the U.N. Global Compact, said in a statement. "It is our hope that through the application of the new Management Model, our signatories will attain ever-higher levels of performance and, in the process, generate real and lasting value for their business, stakeholders, and society at large."

Signatories to the Global Compact commit to meet 10 principles of human rights, labor standards, environmental performance, and anti-corruption. And the new Management Model lays out simple method for companies seeking to meet and improve upon their goals.

The Management Model is applicable to all companies, at all stages of sustainability review.  The six steps are:

Commit: Leadership commitment to mainstream the Global Compact principles into strategies and operations and to take action in support of broader UN goals, in a transparent way.

Assess: Assess risks, opportunities, and impacts across Global Compact issue areas.

Define: Define goals, strategies, and policies.

Implement: Implement strategies and policies through the company and across the company's value chain.

Measure: Measure and monitor impacts and progress toward goals.

Communicate: Communicate progress and strategies and engage with stakeholders for continuous improvement.