Private Sector & the UN Global Compact (UNGC)

Private Sector & the UN Global Compact (UNGC)

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Date: March 18th, 2021 | Haggar Group

The private sector in Sudan plays a critical role in the economic development of the country as a provider of goods and services, a creator of jobs, a contributor to community development and improving people’s wellbeing and livelihoods. Thus, on June 26th, 2022, in partnership with the UNDP, a forum was held on the topic of the “Private Sector & the UN Global Compact (UNGC)”. This topic was selected as sustainability is imperative for business today, and as the UNGC provides a universal language and a global roadmap to guide all businesses - regardless of size, complexity, or location - towards achieving it.

The United Nations Global Compact provides for us the opportunity to be more conscious of the positive impact we could have on human rights, labour practices, the environment, and anti-corruption not just because it is the right thing to do, but because it is good for business too.

Being a signatory of the UNGC, and committing to its 10 principles, provides a chance for the Sudanese private sector to exercise good governance and implement best practices in these four areas, thus positively affecting the lives of our different stakeholders, doing no harm to the environment, and helping create a fairer ecosystem anchored in good governance and equitable distribution.

The forum was held to encourage joining the local network and committing to its principles, not just in word but more importantly in deed, eventually creating an ecosystem of sustainable companies contributing to the development of our beloved Sudan.

The bigger the network, the more likely we are as a community to build a sustainable and thriving environment for the private sector to flourish and in turn the country and its people to prosper.

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