(New Delhi) – The Asia – Pacific Regional Conclave hosted by the Global Compact Local Network India on the topic of “Enhancing Enterprise Value through the Global Compact” attracted over 500 delegates from 21 countries, including dozens of top leaders from Government, business and civil society.
High-level Government representatives at the Conclave included Dr. A. P. J. Abdul Kalam, former President of India; Mr. Salman Khurshid, Minister of State for Corporate Affairs; Dr. Shashi Tharoor, Minister of State for External Affairs; Mr. Arun Maira, Member of the Planning Commission; and Mr. Bhaskar Chatterjee and Mr. P. D. Sudhakar, both Secretaries to the Government of India. The strong Government support follows recent steps by the Government of India to advance sustainability in the country with the release of Voluntary Guidelines on Corporate Governance and Responsibility.
Opening the Conclave, Dr. Tharoor declared that the current business climate calls for more accountability and transparency, calling for companies and other stakeholders to advance the sustainability agenda through the Global Compact.
With the UN Global Compact marking its 10th anniversary later this year, the Conclave brought together companies, business associations, civil society and academia to discuss progress made in the Asia-Pacific region in the past decade on corporate sustainability. In addition, participants deliberated on emerging ideas and practices for advancing Global Compact issues in the future. Chief executives from a number of Indian companies – including Oil and Natural Gas Corporation, Tata Steel, Power Finance Corporation Ltd., and National Mineral Development Corporation Ltd. – shared their experiences in addresses to participants.
A main outcome of the event was agreement on closer collaboration between stakeholder groups, expected to lead to the development of a road map for spreading corporate sustainability throughout Asia-Pacific.
Global Compact Network India
Global Compact Office