Private Sector in Asia-Pacific Prioritizes Role of Good Governance in Post-2015 Development Framework

Leaders Roundtable Emphasizes Responsible Business in Advancing the Agenda

(Bali, 25 March 2013) – A Private Sector Leaders Roundtable was held on the sidelines of the fourth meeting of the UN Secretary-General’s High-Level Panel of Eminent Persons. Organized by the Indonesia National Committee of the Post-2015 Development Agenda and the Global Compact Local Network Indonesia, with the support of the UN Global Compact, the event convened over 100 business leaders from 14 countries and representatives from five Global Compact Local Networks to gather perspectives on how business can contribute to the UN’s Post-2015 Development Agenda.

The Leaders Roundtable served as a platform for the Global Compact and its Local Networks to share the results of their previous post-2015 consultations and to consult additional business leaders from the Asia-Pacific region. Over two days, participants were charged with determining what pressing global issues they believe should be incorporated in a future set of development goals. Additionally, the delegates were asked to identify which mechanisms the private sector is willing to leverage to help address these issues.

By far, the highest priority noted by business to be incorporated into a future development framework was good governance and the rule of law. Participants expressed that, without good governance, it is nearly impossible to make meaningful progress in implementing programmes and activities to contribute to the post-2015 agenda. Other prominent issues included education, social integration and inclusion, sustainable consumption and production, and poverty eradication.

Results from the consultation were immediately shared with representatives of the High-Level Panel at a Town Hall session today. While Panel members recognized the important role that business will play in the future development agenda, they stressed that only through responsible practices can business make a positive contribution. This mirrored the perspectives emerging from the Private Sector Leaders Roundtable, that corporate sustainability will be a core contribution of business to the post-2015 agenda.

• Download Outcome Report
• View Agenda
• Learn more about the Global Compact's post-2015 consultation process.

Contact

Melissa Powell
Head, Strategy and Partnerships
UN Global Compact
powell1@un.org