UN Global Compact launches Africa Business Leaders Coalition to advance climate action and sustainable growth across the continent
The Africa Organization Leaders Coalition brings collectively CEOs from across the continent to advance Africa’s sustainable expansion, prosperity and progress
New York, U.S.A., May 31, 2022 (World NEWSWIRE) — Convened by the UN Global Compact, Main Govt Officers from throughout Africa currently introduced the launch of the Africa Organization Leaders Coalition (ABLC).
The Coalition will give a platform for African organization leaders to have a unified private sector voice as they actively and meaningfully have interaction to get the job done on the continent’s most pressing troubles by way of an arranged, forward-on the lookout, concepts-based mostly method.
The Africa Enterprise Leaders Coalition is a CEO-led initiative emanating from the UN Global Compact Africa System 2021–2023, and is fully commited to advancing sustainable expansion, prosperity and development in Africa by bringing measurable effect to its most pressing difficulties. The ABLC will work intently with the UN World Compact Hub in Abuja and 10 Global Compact Area Networks working throughout Africa.
Forward of COP27 to be held in Egypt in November 2022, the ABLC will focus its initiatives on sustainable growth and formidable local weather action by bringing the views of dozens of foremost African CEOs and Board Chairs into the world discussion. This will culminate in an ABLC Climate Assertion in help of COP27, anchored in the targets of the Paris Arrangement, the Sustainable Progress Objectives and the UN International Compact Ten Ideas. ABLC associates will be invited to sign on and announce credible commitments and actions through this Local weather Assertion.
Welcoming the founding customers of the Africa Small business Leaders Coalition, UN Deputy Secretary-Basic Amina Mohammed urged them to use their influence to drive modify throughout the continent. “This is an chance to set up a holistic dialogue to reconcile the development requires of the continent with the will need for ambitious climate motion, jumpstart the renewable vitality changeover, and construct resilience throughout the continent,” she stated.
Launching the ABLC, Assistant Secretary-General and CEO of the UN Worldwide Compact Sanda Ojiambo mentioned: “Climate change offers a $3 trillion investment option in Africa by 2030. But this probable will not be understood unless of course the non-public sector is associated. This Coalition has a critical job to enjoy in ensuring the voice of Africa’s personal sector is listened to on the world wide phase to ensure the continent’s growth is not only sustainable but also environmentally friendly.”
The 11 founding members of ABLC include things like Herbert Wigwe, CEO, Access Lender, Nigeria Brahim Benjelloun Touimi, Chairman, Bank of Africa, Morocco Hichem Elloumi, Chairman and CEO, COFICAB Try Masiyiwa, Founder and Executive Chairman, Econet Wi-fi, Zimbabwe James Mwangi, CEO and Taking care of Director, Equity Group, Kenya Karim Bernoussi, CEO, Intelcia Group, Morocco Phuthi Mahanyele-Dabengwa, CEO, Naspers, South Africa Yasmine Mohamed Farid Khamis, CEO and Chairman, Oriental Weavers Carpets Co., Egypt Peter Ndegwa, CEO, Safaricom, Kenya Fleetwood Grobler, President and CEO, Sasol, South Africa and Amir Barsoum, Founder and CEO, Vezeeta, Egypt.
Associates of the ABLC dedicate to upholding the Ten Rules of the UN World-wide Compact and getting a UN Global Compact participant within just six months of becoming a member of.
All through today’s start, the founding users shared their motivation to sustainability throughout the continent, focusing on potential enterprise commitments, the sustainability attempts they are making across their communities, a shift in the direction of extra modern and sturdy strategies of local weather finance, and a simply call to action for the international community.
The digital launch event was also attended by leaders from the United Nations, which include Abdulla Shahid, President of the United Nations Standard Assembly Collen Vixen Kelapile, President, United Nations Financial and Social Council Amina Mohammed, Deputy Secretary-Typical, United Nations Cristina Duarte, Underneath Secretary-Normal and Special Adviser on Africa to the UN Secretary-General and Sanda Ojiambo, Assistant Secretary-Basic and CEO of the UN Global Compact. They joined alongside one another these days to start the ABLC with Dr. Mahmoud Mohieldin, UN Local weather Transform Large-degree Local climate Champion for Egypt.
Boston Consulting Team is offering technique and implementation assistance to the UN Worldwide Compact for the Africa Organization Leaders Coalition. Today’s inaugural conference was Chaired by Sanda Ojiambo with help from Patrick Dupoux, Controlling Director, Senior Partner, and Head of Africa, BCG.
Today’s start will be followed by 6 regional roundtable conferences in Abidjan, Cairo, Casablanca, Johannesburg, Lagos and Nairobi in June and July to focus on, form and mobilize principled and sustainable organization in Africa.
About the United Nations World Compact
As a distinctive initiative of the UN Secretary-Basic, the United Nations Worldwide Compact is a get in touch with to companies almost everywhere to align their functions and techniques with Ten Principles in the places of human rights, labour, natural environment and anti-corruption. Our ambition is to speed up and scale the worldwide collective effects of enterprise by upholding the 10 Concepts and delivering the Sustainable Growth Targets via accountable businesses and ecosystems that help change. With a lot more than 15,000 firms and 3,000 non-business enterprise signatories primarily based in over 160 countries, and 69 Neighborhood Networks, the UN International Compact is the world’s largest corporate sustainability initiative — one Worldwide Compact uniting company for a far better planet.
For far more info, observe @globalcompact on social media and stop by our internet site at unglobalcompact.org and Africa Business enterprise Leaders Coalition | UN World Compact
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Alex Gee
Get hold of: Dan Thomas United Nations International Compact (212) 907-1301 [email protected]
