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Article

28 Aug 2014

Author:
Georg Kell, Director, UN Global Compact, on IPS News

Director of UN Global Compact analyses progress of responsible business movement

"Building a Sustainable Future – The Compact Between Business and Society", 27 August 2014

Can we envision a day when a critical mass of companies is investing in a better world?…Over a decade ago, it was hard to imagine, but we can now say with confidence that a global movement is underway…[T]he UN Global Compact has grown to 8,000 business signatories from 140 countries…Each participant has committed to respect and support human rights…[C]ompanies around the world are increasingly putting sustainability on their agendas…There is also a growing interdependency between business and society…While we have seen a great deal of progress, there is much work to be done…Governments must create enabling environments…This year, business will have an enormous opportunity to “make good” on its commitment to society as governments and the United Nations work to define a set of global sustainable development goals by 2015…What will the future look like? The pieces are in place to achieve a new era of sustainability…