Former United Nations Secretary General Ban Ki-moon has recently visited Thailand to celebrate the official launch of Global Compact Network Thailand (GCNT) along with more than 500 business representatives.
The collaborative network is part of a key initiative of the United Nations that has been established to drive Thailand towards sustainability goals by means of responsible business in line with global standards. Around 100 companies are expected to be registered in GCNT by the end of 2019.
Suphachai Chearavanont, president of Global Compact Network Thailand, said: “Global Compact is an important initiative set up initially in the United States under the auspices of the United Nations.
"It aims at enabling organisations worldwide to understand and adopt the sustainability principles to create impactful changes.
"Organisations that sign up to the Global Compact are committed to operating their business responsibly in accordance with four core principles encompassing human rights, labours, the environment and anti-corruption.
"For this reason, a number of leading corporates in Thailand that share the values have decided to join the membership of Global Compact Network Thailand.”
Ban said: “By assembling leaders from the Thai private sector to form a Global Compact network, the critical work that you are undertaking to alight your business with the ideals of the United Nations has my deep respect.
"Our world is going through pronounced changes resulting in elevated uncertainties and new risks. Keep working to make business a force for good. Together, we can respond to the urgency of our global challenges and construct a better tomorrow.”
GCNT’s operations will focus on encouraging the private sector to operate with responsibility and engage in strategies that correspond to the four core principles of sustainability.
The majority of activities initiated by GCNT will be training courses about the latest discoveries and global trends relating to sustainable development, knowledge-sharing seminars on topics such as child labour, and other activities that allow participants to share experiences and discuss ways to promote responsible business practices for sustainable development.