UN Secretary-General Ban Ki-moon on Wednesday told entrepreneurs here that all businesses can and should play a role in improving the world.

Addressing the Global Compact Leaders' Summit 2016, Ban said responsible business must be part of the solution to the global challenges the world is facing, including climate change as well as sustainable development.

He urged corporate leaders and entrepreneurs to take advantage of the new markets and solutions that are emerging, to set corporate goals inspired by the sustainable development goals and to let sustainability drive innovation and investment.

He also highlighted corporate responsibility for how they do business and how they choose their staff and partners.

UN Global Compact is an international corporate sustainability initiative which provides ways for business to engage with the United Nations on issues from peace and security to women's empowerment. It now has over 13,000 signatories in 165 countries. 

Source:
courtesy of XINHUA NEWS AGENCY

by Xinhua News Agency

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