(Tokyo) – A workshop exploring how business engagement in conflict prevention and peace-building can contribute to advancing development and security concluded in Tokyo today. The event brought together over 150 business representatives, institutional investors, academics, civil society representatives, and government officials from Asia.
Deliberations focused on how East Asian businesses can maximize the positive impact of their presence – such as contributing to building sustainable markets and setting good governance examples – when operating in difficult environments. The discussion centered on the new guidance document Responsible Business in Conflict-Affected and High Risk Areas: Guidance for Companies and Shareholders. Representatives from Komatsu, Hitachi, Sumitomo Chemical, Daiwa Securities, and Unilever Japan shared examples of efforts undertaken to promote this agenda in conflict-affected and high-risk areas.
Sir Mark Moody-Stuart, Vice Chair of the Global Compact Board, urged businesses with global operations to encourage their subsidiaries and business partners to engage in Global Compact Local Networks, particularly in difficult operating environments, as a concrete way to contribute to this agenda.
The Tokyo workshop was one of the first business events in East Asia organized around this theme. The momentum generated at the event is expected to mobilize further action in this area. “This unique gathering demonstrates that the Global Compact Japan Network and Global Compact signatories in Japan are ready and willing to further advance this agenda through innovative public-private partnerships and collective action”, said Georg Kell, Executive Director of the UN Global Compact.
The two-day workshop was co-organized by the Global Compact Office, the Global Compact Japan Network, the University of Tokyo, and Keiai University, with support from the Japanese Ministry of Foreign Affairs and the Mitsubishi Research Institute.
UN Global Compact