(New York) – The Expert Group on Responsible Business in Conflict-Affected and High-Risk Areas convened today at United Nations Headquarters in New York to discuss ways to advance the implementation of responsible business practices in difficult operating environments. The meeting was organized by the UN Global Compact and the Principles for Responsible Investment (PRI) initiative to identify practical steps companies and investors can take to contribute to peace and stability.
Participants engaged in candid dialogue on a range of relevant topics, including the management of security issues; new disclosure requirements connected with the conflict minerals provision of the Dodd-Frank Act; and local implementation of the Extractive Industries Transparency Initiative (EITI). The Expert Group also discussed how companies can advance responsible business in post-conflict areas such as Libya, and explored how Expert Group members can support key complementary initiatives.
In 2012, the Expert Group will expand its dialogue through thematic and country-specific webinars. Topics to be featured include a new workstream on “Water and Peace”, the issue of dealing with local armed groups, the private sector’s contribution to sustainable development in the context of the UN Conference on Sustainable Development (Rio+20), and the strengthening of dialogue on responsible business with Governments.
A complete meeting report will be available online shortly. For more information on Business and Peace and to view UN Global Compact Guidance Material, please visithttp://unglobalcompact.org/Issues/conflict_prevention/index.html.
- Expert Group Meeting on “Responsible Business & Investment in High-Risk Areas” Agenda
- Expert Group Meeting List of Participants
Business and Peace
UN Global Compact