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Article

7 Sep 2015

Author:
AlBawaba

American University in Beirut hosts corporate network that promotes ethics and responsible business among companies

"AUB hosts corporate network that promotes ethics and responsible business among companies", 6 Sept 2015

To promote ethics and responsible business in Lebanon, the Olayan School of Business (OSB) at AUB will be hosting a network of corporate participants committed to human and labor rights, protecting the environment and rejecting or alleviating corruption. This new network, known as the Global Compact Network Lebanon, is part of the United Nations Global Compact (UNGC) initiative, which works with business and non-business participants to transform the world, aiming to create a sustainable and inclusive global economy that delivers lasting benefits to all people, communities and markets. The Lebanon Network was launched at the OSB Maamari Auditorium on September 3, 2015, in the presence of a host of business and civil society leaders, human rights advocates, and academics. The UNGC initiative works in line with the UN to create a more sustainable and equitable world. Signatories to the UN Global Compact commit to align their operations with the 10 principles of pertaining to promoting human rights, labor rights, protecting the environment, and anti-corruption efforts... Already, 37 companies (business and non-business) in Lebanon have joined the network, and have become a part of a global group of over 8000 participants from all over the world, making it the largest voluntary corporate responsibility initiative in the world that seeks to make corporate sustainability a transformative force in achieving a shared, secure and sustainable future...