Dear Participants of the UN Global Compact,
Today’s great challenges – climate change, conflict, widening inequalities, socio-economic and geopolitical changes – intensify, while the confluence of social, technological, political and economic megatrends generates unprecedented complexity, uncertainty and disruption.
We face an expanding list of bigger, more critical decisions and equally critical opportunities demanding our attention. The consequences of action, or inaction, are greater than ever.
Over the last few years, I have heard time and again from business leaders seeking to leverage the private sector's strengths to solve problems and drive transformative change. The global, regional and local convenings of the UN Global Compact have provided opportunities for sharing cross-cutting solutions and breakthroughs on diverse challenges, including climate action, renewable energy and living wage.
Innovations and solutions are within reach. Collectively, we must move at a speed, scale and scope that ensures sustainable results for the challenges we face.
Twenty-five years ago, then Secretary-General Kofi Annan called on the private sector to form a global compact for business and bring a human face to the global market. Since then, the Global Compact has grown to a participant base of more than 20,000 companies. Our ambition is to continue on a solid growth and delivery trajectory, especially when the private sector is needed now more than ever.