The U.N. Global Compact initiative, a United Nations-led initiative involving nearly 7,000 businesses, presented U.N. Secretary General Ban Ki-moon with more than 200 company action commitments as well as public policy recommendations on sustainable development June 21 at the Rio+20 summit. The pledges and initiatives include an offer to establish and promote Sustainable Development Goals and a communiqué signed by 45 CEOs of major corporations outlining ways that governments can better manage water resources.