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8
June 2018
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Benefits (The Total Investment & Insurance Solutions)
The 13th edition of the
Global Compact Network India (GCNI), the local arm of the United Nations Global
Compact, New York, held its annual flagship event in Bengaluru today. With a
focus on Sustainable Development Goals (SDGs): A Blueprint for Action, the convention
saw the launch of the GCNI – Accenture CEO Study, exclusive CEO Panel, sessions
on SDGs (Quality Education, Integrating Human Rights into Sustainable Business
Strategy, Affordable Urban Housing: Challenges, Perspectives, SDG Philanthropy
Platform) and special session on Innovative Practices Awards 2018 on SDGs.
The report that captures responses from 45+ CEOs of leading companies in India indicates that more of them, over their global counterparts, are aware of Agenda 2030: Sustainable Development Goals. The country which is focused on innovations in the sustainability segment has 86% CEOS as compared to 78% globally, who believe that SDGs provide an opportunity for businesses to rethink approaches to sustainable value creation, says the report. It also indicates a $1 trillion worth of market opportunities for companies working in the sustainable area in India and employment generation potential of 72 million by 2030. The latest GCNI’s CEOs study on sustainability also captures the CEOs perspectives on sustainability with focus on the SDGs, the challenges and the way forward.
The report that captures responses from 45+ CEOs of leading companies in India indicates that more of them, over their global counterparts, are aware of Agenda 2030: Sustainable Development Goals. The country which is focused on innovations in the sustainability segment has 86% CEOS as compared to 78% globally, who believe that SDGs provide an opportunity for businesses to rethink approaches to sustainable value creation, says the report. It also indicates a $1 trillion worth of market opportunities for companies working in the sustainable area in India and employment generation potential of 72 million by 2030. The latest GCNI’s CEOs study on sustainability also captures the CEOs perspectives on sustainability with focus on the SDGs, the challenges and the way forward.
The event which saw
discussions on circular economy, integrating human rights into sustainable
business strategy, quality education, incorporating sustainability in the DNA
of corporates was attended by CEOs, CXOs, heads of companies, PSUs, academia,
nonprofits, among others. Amitabh Kant, CEO, NITI Aayog, who addressed the
session via video conference said “I would like to congratulate Global Compact
Network India, ONGC and BEML for organizing the event on Sustainable
Development Goals. Indian government has shown a firm faith in the goals with
our Prime Minister expressing his commitment by saying that sustainable
development is a matter of faith for our country. As we target 10% growth in
the next couple of years, it is imperative that we ensure an inclusive
development.” The Total Investment & Insurance Solutions
Other speakers at the event included Uddesh Kohli, chair, admin Committee, GCNI, Yuri Afanasiev UN Resident Coordinator India and UNDP Resident Representative in India, Shashi Shanker President, GCNI and CMD, ONGC, Sue Allchurch, chief outreach and engagement UNGC, New York, Vishvesh Prabhakar, MD, Sustainability, and Accenture Strategy India, among others.
To recognize the innovation and excellence in sustainable practices, the GCNI also organized its second Innovative Practices Awards on “Sustainable Development Goals (SDGs). The winners of the awards were Corporate Private Sector (TATA Steel Ltd), Corporate Public Sector (ONGC), NGO (India Society of Agribusiness Professionals. The Total Investment & Insurance Solutions
Other speakers at the event included Uddesh Kohli, chair, admin Committee, GCNI, Yuri Afanasiev UN Resident Coordinator India and UNDP Resident Representative in India, Shashi Shanker President, GCNI and CMD, ONGC, Sue Allchurch, chief outreach and engagement UNGC, New York, Vishvesh Prabhakar, MD, Sustainability, and Accenture Strategy India, among others.
To recognize the innovation and excellence in sustainable practices, the GCNI also organized its second Innovative Practices Awards on “Sustainable Development Goals (SDGs). The winners of the awards were Corporate Private Sector (TATA Steel Ltd), Corporate Public Sector (ONGC), NGO (India Society of Agribusiness Professionals. The Total Investment & Insurance Solutions
Yuri Afanasiev UN Resident
Coordinator India and UNDP Resident Representative in India speaking on the
need for Indian businesses to adopt to sustainability for success said, “India
needs to follow the triple bottom principle of People, Planet and Profits.
Currently India has shown tremendous capacity for innovation and the mentality
to follow the goals of SDS. For its development, India has a unique opportunity
to do it differently than China, as it can leverage its strength in technology and
people power. It has the power of Jugaad 2.0, which sets it apart from other
developing nations.” The Total Investment & Insurance Solutions
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