In the AboitizPower sustainability event, the UN Global Compact emphasizes collective action
Aboitiz Power Corporation
The UNGC aims to advance the global movement of sustainable companies and stakeholders. AboitizPower's #BetterTogether series aims to raise awareness of the Environmental, Social, and Corporate Governance (ESG) challenges.
A leader from the United Nations Global Compact (UNGC) said during a sustainability event organized by Aboitiz Power Corporation that private businesses were being asked to step up more than ever to help solve societal issues (AboitizPower).
According to Neha Das, a UNGC senior manager for global operations in Asia and Oceania, while the business community has made significant progress, there is still a long way to go to meet the SDGs (SDGs).
"To achieve the SDGs, everyone must work together. It is not solely the responsibility of the government or the private sector. We must all contribute "
Das stated this in the most recent episode of AboitizPower's #BetterTogether sustainability series.
The series' goal is to raise awareness of the company's Environmental, Social, and Corporate Governance (ESG) challenges and to encourage conversations and actions toward more sustainable practices.
The most recent episode, which was watched by over 200 AboitizPower employees and leaders, sought to emphasize and further understand the significance of achieving the SDGs, as well as the collective action required to advance sustainability.
Das also provided an overview of the SDGs in her speech, emphasizing how the 17 goals belong to everyone in addressing the world's social, environmental, and economic inequalities.
The UNGC's mission is to advance the global movement of sustainable businesses and stakeholders in order to create a better future for all. This is accomplished by assisting businesses in conducting responsible business within their strategies and operations, with a strong emphasis on collaboration to help accelerate the global SDGs.
The 2030 global agenda is a comprehensive lens that should be embedded in all aspects of businesses' operations and programs to provide a clearer path for inclusive and sustainable development. The UNGC intends to assist companies in understanding and promoting responsible business practices within a national context in order to propel the global movement of sustainable companies and stakeholders toward a better future for all.
According to Das, large corporations having sustainability policies is insufficient because the supply chain also has an impact on the world.
"Now we have to take action also extended to our companies, take it to our stakeholders, take it to our peers, and take it to our supply chains," she added, as she urged businesses to "work together and enable the scale of the actions."
Companies can add value by addressing the world's ongoing challenges in a sustainable and measurable way. The first step is for businesses to make a dent in specific goals related to their industry.
AboitizPower President and CEO Manny Rubio stated that as one of the country's leading energy providers, the three SDGs on which the company can have the greatest impact are SDGs 7, 10, and 11. He identified SDG 7, which seeks to ensure affordable and clean energy, as the most important to the company.
"We remain committed to our growth strategy and already have 1,000 MW of disclosed projects," Rubio said. "Most importantly, through our distribution utilities' sitio electrification programs, we want to light up the entirety of our franchise areas and provide much-needed electricity to every household."
Source: Aboitiz Power newsroom