Latin American Business Leaders Convene in Quito to Make Global Goals Local Business
(Quito, 21 November 2017) — The United Nations Global Compact and Global Compact Network Ecuador co-organized a high-level regional event in Quito, Ecuador to explore “The Business Sector Contribution to the 2030 Agenda in Latin America.” With the theme of “Making Global Goals Local Business,” the multi-year strategy of the UN Global Compact to achieve the Sustainable Development Goals (SDGs), the event highlighted the potential of multi-sectoral collaboration to achieve the 2030 Agenda for Sustainable Development in the region.
The event convened 300 representatives, 70 per cent of which were from business, while the rest included Governments, civil society, UN agencies and academia. Thirteen Global Compact Local Networks participated and brought their regional business expertise to the discussions, including Argentina, Brazil, Bolivia, Chile, Colombia, Costa Rica, Ecuador, Nicaragua, Panama, Paraguay, Peru, Uruguay and the United States.
High-Level Government representatives from Colombia, Costa Rica and Ecuador spoke at the event alongside the UN Resident Coordinator in Ecuador and Permanent Representative of UN Women, Ecuador; representatives from the UN Global Compact, Economic Commission for Latin America and the Caribbean, and Regional UNDP Bureau for Latin America and Caribbean. Experts and leaders from civil society and business also joined to discuss sustainable multi-stakeholder initiatives.
Key points raised during the event sessions include:
The importance of public-private multi-stakeholder policy dialogues to jointly shape and implement the national plans towards the Global Goals;
the impact of businesses that adopt a human rights-based approach aligned with the Ten Principles of the UN Global Compact and the Global Goals;
how this positive impact is amplified when companies adopt and implement the Women’s Empowerment Principles; and
the role of public-private partnerships to create innovative financial tools and disruptive solutions to sustainability challenges.
The event concluded by highlighting the impact that Global Compact Local Networks have in mobilizing responsible business community in the region to advance the 2030 Agenda. Global Compact Network Ecuador also celebrated with an “SDG Awards” ceremony recognizing Ecuadorian companies who have demonstrated good practices towards advancing each of the Global Goals.