Sri Lanka hosts UN Global Compact Regional Meeting
View(s):Global Compact Network Ceylon recently hosted in Colombo the United Nations Global Compact Local Network Regional Meeting for Asia & Oceania.
Organized jointly with the UN Global Compact Office in New York, the two-day event brought Global Compact representatives of local networks from Australia, Bangladesh, India, Indonesia, Malaysia, Mongolia, Pakistan, Republic of South Korea, Singapore, Sri Lanka and Viet Nam.
Local organisers said the meeting provided an opportunity for network representatives to discuss a variety of issues connected with implementation of corporate sustainability in the local context. Several senior officials of UN Global Compact headquarters in New York also attended the regional meeting.
At the meeting, several Global Compact participant companies from Sri Lanka showcased best practices and contributions to the Global Compact.
MAS Holdings made a presentation on ‘Leadership in Local Networks Establishment’ while Aitken Spence made a presentation on ‘Leadership in Local Network Sustenance’. Brandix and Hayleys Kelani Valley Plantations shared Sri Lankan corporate experiences in “Building Partnerships to Advance UN Goals”.
The event showcased how local networks are making an impact throughout the region on issues such as water management, anti-corruption and youth engagement. “The regional meeting provided valuable opportunities for Sri Lankan companies participating in the UN Global Compact to learn from regional experiences, showcase their practices on a regional platform and to network with Global Compact officials and representatives of local networks in the Asia & Oceania region,” noted Sutheash Balasubramaniam, Network Representative of the Local Network Sri Lanka, in a statement.
The Global Compact, based on a commitment to 10 universally accepted principles, is a practical framework for the development, implementation, and disclosure of sustainability policies and practices, offering participants a wide spectrum of workstreams, management tools and resources — all designed to help advance sustainable business models and markets. With over 10,000 corporate participants and other stakeholders from over 130 countries, it is the largest voluntary corporate responsibility initiative in the world.
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