|
|
Business leaders at UN summit adopts declaration on responsible
practices |
 |
+ |
- |
08:18, July 07, 2007 |
Business leaders attending a UN meeting in Geneva pledged on Friday to respect labor and human rights as well as environmental and anti-corruption standards in a wide-ranging declaration.
At the second UN Global Compact Leaders Summit, top executives of corporations such as Coca-Cola, Petrobras, Fuji Xerox and China Ocean Shipping Group adopted the 21-point Geneva Declaration, which spells out concrete actions for business, governments and UN Global Compact participants.
Some 4,000 organizations from 116 countries, including over 3,000 businesses, have so far subscribed to the Global Compact, pledging to observe ten universal principles related to human and labor rights, the environment and the struggle against corruption.
The Geneva Declaration calls for urgent action against poverty, income inequality, protectionism and the absence of decent work opportunities, which it says pose serious threats to world peace and markets.
UN Secretary-General Ban Ki-moon told participants that their reports showed how market leadership and sustainability leadership go hand-in-hand.
"This will help us build the supportive measures needed to create more sustainable markets. And it will ultimately help improve the lives of many people around the world," he said.
[1] [2]
|
|
|
Comment
Tell A Friend
Print Format
Save Article