Submitted by: United Nations Global Compact
Posted: Jan 29, 2009 – 12:00 PM EST
Jan. 29 /CSRwire/ - DAVOS. - 29 January 2008 - UN Secretary-General Ban Ki-moon today urged business leaders worldwide to embrace global cooperation and partnership on a scale never before seen and to eschew short-term thinking and seek long-term solutions to climate change and other pressing global challenges.
The Secretary-General's call came during a special session on the United Nations Global Compact at this year's World Economic Forum in Davos/Switzerland.
Calling 2009 the year of multiple crises, the Secretary-General stressed that, amid worries over a global recession, climate change threatens all our goals for development and social progress, but that it also presents us with a gilt-edged opportunity to invest in sustainable technologies and spur long-term growth. I encourage you to help create a future based on a low-carbon economy, he said, and renewed previous appeals to business to join the movement for a comprehensive and meaningful agreement on climate change, to be negotiated later this year in Copenhagen.
Reflecting on progress made by the UN Global Compact in past years, the Secretary-General called for a new phase of the initiative, marked by a renewed commitment to the core principles of human rights, labour standards, the environment and anti-corruption. He also urged companies to embrace accountability and disclose progress. By doing so, you will not only be doing what is right, the Secretary-General said. You will also be helping to restore trust, confidence and credibility into the markets.
Full text of the Secretary-General's speech.
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