Sustainability on UN’s agenda this week

The United Nations Global Compact will take place in New York, June 24 e 25th. The conference brings together business chiefs from around the world at its two-day leaders summit in New York to discuss how a sustainable future can be achieved, both in economic and environmental terms.

Marking the 10th anniversary of the UN Global Compact’s launch, the Leaders Summit 2010 will highlight milestones, champions and best practices which have helped to advance the corporate responsibility agenda and contributed to UN goals – making the UN Global Compact the world’s largest corporate citizenship initiative with 7,000 signatories in 135 countries.

Petrobras is among the sponsors.

The Summit will be divided into three parts:

Part I: Setting the Sustainability Agenda

Corporate responsibility has always been defined by and evolved within the broader context of politics, power and technological change, and responded to the call for the greater good. A confluence of factors – notably the financial crisis and climate change – has finally pushed this agenda towards a tipping point. It is now widely understood that our globalized marketplace requires a stronger ethical orientation, better caretaking of the common good, and more comprehensive management of risks.

Part II: Leading the Change

Corporate sustainability leadership today calls for a sophisticated and comprehensive approach to integrating ESG issues across the organization – from the Board, down through the organization and subsidiaries, and out into the supply chain. It requires connecting sustainability issues and actions – moving beyond silos – and meaningfully reporting progress and impacts. Corporate leadership today also calls for responsible engagement in public policy spheres.

Part III: Achieving Development

2010 will mark a decade since world leaders committed to reduce extreme poverty and set out the Millennium Development Goals (MDGs) to be achieved by 2015. Much remains to be done – especially with negative impacts from climate change, food crises and the global economic downturn turning back advances. Poverty is a profound threat to global security, interdependence and building strong markets. Business can and must strengthen its role in finding strategic and effective solutions to combat global poverty, hunger and disease.

Published by Hildete Vodopives

Hildete de Moraes Vodopives is founder of Brazil Global and of the Harvard Strategists Group. She has a PhD in Economic History and advises companies and investment agencies in international business development.She served as Corporate Relations Director and later, on the board of the Brazilian Investment Analysts Association (APIMEC).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s