Highlights from Day 2 of the 11th World Chambers Congress
Day two of the 11th World Chambers of Congress explored how chambers and business leaders can work together to confront the ever-present threats of corruption and climate change.
With a full agenda of practical workshops, thought-provoking plenary sessions and networking opportunities, we´ve selected 4 key takeaways to provide insight into the day.
Carlo Verona, Vice-President of the International Chamber of Commerce (ICC) Brazil Committee on Anti-Corruption, moderated our first plenary session of the day. Comprising international legal experts and business leaders the panel saw discussions on innovative ideas for building free, fair and transparent markets for all.
Pedro Parente, Global CEO of BRF and former Chairman of Petrobras, explained the importance of protecting individuals who report corrupt business practices.
In the context of his own company, Mr Parente said: “We have an independent reporting channel. It is very important that those who make the complaint confide that they are safe from any retaliation of the company.”
Meanwhile, Maria Fernanda Garza, Chair of ICC Mexico, called upon chambers to rally their members to take action against corruption.
“The business community can promote fair competition by supporting their countries in developing and strengthening the anti-corruption,” she said.
Panellists also discussed the importance of collaboration and fostering dialogue between business, government and society.
Nicola Bonucci, Director of Legal Affairs, Organisation for Economic Co-operation and Development (OECD), emphasised: “We are increasingly recognising that traditional judgment methodologies are not exactly up-to-date and efficient. Resolutions, decisions and agreements on deferral, everything is changing.”
2). Parley for the Oceans
ICC and Parley for the Oceans came together to rally the world’s business community to protect and conserve the Oceans, announcing a new long-term partnership to educate and empower the private sector on actions they can take to preserve the Oceans by joining the Parley collaboration network.
“Partnering with the International Chamber of Commerce is like partnering with the origin of economy. Together we will drive business into the future and establish a new economy which is built on collaboration and eco-innovation, inventing a new generation of materials and technologies which contribute to life on the planet, instead of destroying it. For the Oceans,” said Cyrill Gutsch, CEO and founder of Parley for the Oceans whose keynote talk on leadership was a highlight of the Congress.
3.) Showcasing opportunities and activities
Networking and discussions continued in the Congress expo area where over 40 exhibitors are showcasing their offerings. Exhibitors include chambers competing to host the World Chambers Congress in 2023.
The dynamic space is the place to meet with representatives from all facets of the business world from chambers leaders to CEOs of leading corporations.
4.) Beating corruption for a level playing field
Business associations and chambers of commerce, acting individually or in coalitions, can play an essential role in promoting integrity, good governance, and a level playing field across local, national, and international markets where their members operate. During a dedicated Congress workshop on anti-corruption saw the launch of new Principles on Combating Corruption for Business Associations and Chambers of Commerce.
Created by the International Chamber of Commerce (ICC)’s World Chambers Federation (WCF) and the Center for International Private Enterprise (CIPE), the principles assist business associations and chambers of commerce in preventing, detecting, and mitigating corruption risks.
5.) Mayor of Rio de Janeiro hosts reception
Marcello Crivella, the Mayor of Rio de Janiero, invited chambers and business leaders to his residence for a cocktail reception and dinner. At the foot of the Corcovado Mountain, Mayor Crivella’s residence provided guests with an impressive view of the imposing Christ the Redeemer statue.
In his celebratory toast, ICC Secretary General John W.H. Denton AO thanked Mayor Crivella and the city of Rio de Janeiro for hosting the 11th World Chambers Congress. In addition, Mr Denton reported on the success of the Chambers Climate Coalition, which commits chambers to take bold climate action.
Mr Denton said: “Today, not only have more than 300 chambers of commerce signed our chambers climate coalition but fantastically, nine Lusophone countries have committed themselves to taking climate action.”
Hamad Buamim, Chair of the World Chambers Federation and CEO of the Dubai Chamber of Commerce, also expressed his deep appreciation to the city of Rio de Janeiro, as well as the serious and passionate manner embodied by the participating chambers.