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NEWS

 * UN Global Compact Bulletin
 * Press Releases and Announcements
 * Speeches


UN GLOBAL COMPACT LEADERS SUMMIT 2024 HIGHLIGHTS NEED FOR URGENT ACTION ON SDGS

NEW YORK, UNITED STATES OF AMERICA

The UN Global Compact Leaders Summit 2024 concluded today in New York, after a
day of dialogue and action focused on accelerating progress towards the
Sustainable Development Goals (SDGs). The Summit gathered almost a thousand
leaders from business, government, civil society, and the United Nations to
explore strategies for meeting the 2030 Agenda through responsible business
practices, innovation, and partnerships.

Throughout the event, attendees engaged in plenary sessions, interactive
breakouts, and networking opportunities. Highlights included:

 * "The Technology Supercycle and its Promise for our Shared Future" led by Amy
   Webb, Founder of Future Today Institute, exploring the role of emerging
   technologies like AI in driving sustainable development.

 * "Accelerating Towards 2030" with Don Cheadle, UN Environment Programme
   Goodwill Ambassador, emphasizing how communities most affected by global
   challenges must lead the solutions.

 * Rights & Bytes: Frontiers of AI and Human Rights, which discussed corporate
   responsibility in the age of AI.

 * The Dos and Don’ts of Sustainable Supply Chains, addressing the best
   practices for responsible sourcing and environmental stewardship in global
   supply chains.

 * Gender Equality by Design, offering practical tools and strategies for
   businesses to achieve equity and inclusion goals.

 * Corporate Investments for Climate Ambitions, highlighting how companies can
   align their financial strategies with bold climate actions.

The Leaders Summit also focused on private sector efforts in five key areas
outlined by the Forward Faster initiative: gender equality, climate action,
living wage, water resilience, finance and investment.

Sanda Ojiambo, CEO and Executive Director of the UN Global Compact, emphasized
the transformative potential of private capital in sustainable finance:
“Business already partners with government on healthcare, education, and
scientific advancement, but now, more than ever, the financial sector must step
into a pivotal role. With $200 trillion in global private financial assets, the
potential for driving sustainable development is immense. This report
underscores that it's not just about identifying the challenges but about
creating innovative mechanisms that unlock private investment — particularly in
emerging markets where the financing gap is most critical. The work we’re doing,
alongside our partners, is setting the foundation for a global shift in capital
markets, ensuring that investments drive both financial returns and impactful,
long-term value creation for a sustainable future."

A key highlight of the Summit was the announcement of the 2024 SDG Pioneers.
These awards recognize a select group of business professionals from around the
world who are advancing the SDGs through leadership and innovation within their
organizations. The winners were honoured across multiple regions, including
Asia-Oceania, Latin America, and Western Europe, with awards given to employees
in large multinational companies and small and medium-sized enterprises (SMEs).
The SDG pioneers are using their influence to drive positive change across
industries, from advancing renewable energy solutions to tackling gender
inequality and ensuring sustainable production practices.

As the Summit concluded, the call to action for the business community was
clear: the private sector must move beyond commitments and take concrete,
measurable steps to create lasting global impact.

Notes to Editors

About the United Nations Global Compact

The ambition of the UN Global Compact is to accelerate and scale the global
collective impact of business by upholding the Ten Principles and delivering the
SDGs through accountable companies and ecosystems that enable change. With more
than 20,000 participating companies, 5 Regional Hubs, 62 Country Networks
covering 78 countries and 14 Country Managers establishing Networks in 20 other
countries, the UN Global Compact is the world’s largest corporate sustainability
initiative — one Global Compact uniting business for a better world.


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