World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

Ban Applauds Pushing Of Ethical Business Practices

Ban Applauds Educational Institutions Worldwide For Pushing Ethical Business Practices

Nearly 180 business schools from around the world have now signed up to a United Nations-backed initiative aimed at steering tomorrow’s captains of commerce into conducting more ethical and inclusive business practices.

The Principles for Responsible Management Education, established by the UN Global Compact last year, commits the business schools to including values of corporate responsibility in such fields as human rights, fighting corruption and the environment in their curricula.

Speaking today to the conclusion of a forum in New York on the initiative, Secretary-General Ban Ki-moon welcomed what he described as the “significant progress” over the past year and a half towards increasing business’ schools participation.

He said all the participating schools “can shape generations of business leaders and help bring to life our shared vision of a sustainable and inclusive globalization that benefits the greatest number of people, including the poor.”

He added: “As teachers, you can ensure that tomorrow’s leaders understand that the long-term growth of a business is tied to its environmental and social impact.

“As scholars, you can produce research that drives innovation and helps management to recognize the benefits of being a responsible business. And as thought leaders and advocates in your communities, you help advance awareness of broader challenges, opportunities and responsibilities.”

The Global Compact, set up in 2000, is a UN-created alliance in which participating businesses pledge to align their operations and strategies with 10 universally accepted principles in the areas ranging from human rights and labour to the environment and anti-corruption practices.

Close to 5,000 companies in 130 countries belong to the Compact, which aims to ensure that business helps markets, commerce, technology and finance advance in ways that benefit economies and societies everywhere.

The Secretary-General told participants that the educational training they deliver, which advocates corporate responsibility in finding solutions to urgent environmental and social challenges, support the broader goals of the UN.

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 

Werewolf: Gordon Campbell On North Korea, Neo-Nazism, And Milo

With a bit of luck the planet won’t be devastated by nuclear war in the next few days. US President Donald Trump will have begun to fixate on some other way to gratify his self-esteem – maybe by invading Venezuela or starting a war with Iran. More>>

Victory Declared: New Stabilisation Funding From NZ As Mosul Is Retaken

New Zealand has congratulated the Iraqi government on the successful liberation of Mosul from ISIS after a long and hard-fought campaign. More>>

Gordon Campbell: On The Current US Moves Against North Korea

If Martians visited early last week, they’d probably be scratching their heads as to why North Korea was being treated as a potential trigger for global conflict... More>>

ALSO:

Gordon Campbell: On The Lessons From Corbyn’s Campaign

Leaving partisan politics aside – and ignoring Jeremy Corbyn’s sensational election campaign for a moment – it has to be said that Britain is now really up shit creek... More>>

ALSO:

Another US Court: Fourth Circuit Rules Muslim Ban Discriminatory

ACLU: Step by step, point by point, the court laid out what has been clear from the start: The president promised to ban Muslims from the United States, and his executive orders are an attempt to do just that. More>>

ALSO: