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UN asks LatAm firms to grow with social responsibility

Souce:Xinhua Publish By Updated 07/11/2012 11:44 pm in World / no comments


LIMA, Nov. 6 — Latin American companies need to promote balanced growth that combines development with social responsibility, Regional Coordinator of the United Nations System in Peru Rebeca Arias said Tuesday.

“We seek economic development with greater social inclusion,” Arias told Xinhua during the Second Business Forum on the UN Global Compact in Latin America and the Caribbean, held in Lima Tuesday.

At the event, Arias presented a lecture titled “Sustainable Development in Latin America and the Caribbean,” urging the 400 forum participants to generate not only wealth but also human development.

Regional firms need to attain a “greater commitment from entrepreneurs to continue focusing more on economic development, job creation and increased investment in social development,” she said.

Arias also stressed the need to develop new technologies in the region to combat the dangers of climate change.

“Invest more in the environment and in adopting new clean technologies to lower carbon emissions, because climate change is affecting us a lot,” the UN official said.

Arias said Latin American companies should develop production and consumption patterns that leave small carbon footprints.

Humberto Speziani, president of Peru’s National Confederation of Private Business Institutions (Confiep), said the forum provides an opportunity to share experiences in sustainable development, environment and the fight against corruption.

Speziani also underscored the need for Latin American countries to adopt the principles of the UN Global Compact, especially in such four areas as the environment, human rights, labor issues and the fight against corruption.



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