Implementation of the outcome of the World Summit for Social Development and of the twenty-fourth special session of the General Assembly A/RES/71/162 60. Reaffirms that social development requires the active involvement of all actors in the development process, including civil society organizations, corporations and small businesses, and that partnerships among all relevant actors are increasingly becoming part of national and international cooperation for so cial development, also reaffirms that, within countries, partnerships among the Government, civil society and the private sector can contribute effectively to the achievement of social development goals, and acknowledges the importance of efforts to promote the exchange of information and knowledge on decent work for all and job creation, including green jobs initiatives and related skills, and to facilitate the integration of relevant data into national economic and employment policies; 61. Underlines the responsibility of the private sector, at both the national and the international levels, including small and large companies and transnational corporations, regarding not only the economic and financial implications but also the development, social, gender and environmental implications of their activities, their obligations towards their workers and their contributions to achieving sustainable development, including social development, emphasizes that transnational corporations and other business enterprises have a responsibility to respect human rights, applicable laws, international principles and standards, to operate transparently, in a socially and environmentally responsible manner, and to refrain from affecting the well-being of peoples, and also emphasizes the need to take further concrete actions on corporate responsibility and accountability, including through the participation of all relevant stakeholders, inter alia, for the prevention or prosecution of corruption, and to prevent human rights abuses; 62. Stresses the importance of promoting corporate social responsibility and accountability, encourages responsible business practices, such as those promoted by the Global Compact and the Guiding Principles on Business and Human Rights : Implementing the United Nations “Protect, Respect and Remedy” Framework , 20 invites the private sector to take into account not only the economic and financial implications but also the development, social, human rights, gender and environmental implications of its undertakings, and underlines the importance of the International Labour Organization Tripartite Declaration of Principles concerning Multinational Enterprises and Social Policy; 63. Reaffirms the importance of rethinking and strengthening social development in the contemporary world by, inter alia, appraising progress made, identifying gaps and challenges in achieving the internationally agreed social development goals and realizing opportunities for social development; 64. Invites the Secretary-General, the Economic and Social Council, the regional commissions, the relevant specialized agencies, the funds and programmes of the United Nations system and other intergovernmental forums, within their respective mandates, to continue to integrate into their work programmes and give priority attention to the Copenhagen commitments and the Declaration on the tenth anniversary of the World Summit for Social Development, 21 to continue to be actively involved in their follow-up and to monitor the achievement of those commitments and undertakings; _______________ 20 A/HRC/17/31, annex. See Official Records of the Economic and Social Council, 2005, Supplement No. 6 (E/2005/26), chap. I, sect. A; see also Economic and Social Council decision 2005/234. 21 13/14