UN Global Compact CEO on Sustainable Businesses

The video discusses the UN Global Compact's efforts to mobilize businesses for sustainability and resilience. It highlights the importance of collaboration between businesses, governments, and civil society to tackle global challenges like climate change and economic crises. The discussion covers the slow progress on sustainable development goals and the need for bold leadership and strategic actions. It emphasizes the role of regulation and incentives in driving meaningful progress, especially in addressing climate issues.

What is the primary goal of the UN Global Compact?

• To increase business profits

• To mobilize businesses for global sustainability

• To regulate international trade

• To provide financial aid to developing countries

Why is collaboration between businesses and governments crucial?

• To reduce competition

• To promote local businesses

• To solve global challenges effectively

• To increase tax revenues

What is a key concern regarding progress in sustainability?

• Excessive government intervention

• Slow progress in inclusion and climate action

• Over-regulation of businesses

• Lack of technological advancements

What is a significant challenge in achieving the SDGs?

• Lack of international cooperation

• Economic difficulties and slow progress

• Overpopulation

• Technological barriers

What is necessary for businesses to be resilient and sustainable?

• Increasing product prices

• Short-term profit maximization

• Bold leadership and strategic decisions

• Reducing workforce

How can businesses address societal challenges effectively?

• By increasing marketing budgets

• By reducing employee benefits

• By collaborating with governments and civil society

• By focusing solely on product development

What role does regulation play in addressing climate issues?

• It helps shape key issues and incentivizes businesses

• It slows down economic growth

• It only benefits large corporations

• It is unnecessary and burdensome