Business & UN

Companies unite for Global Business Day

  • 9 November 2007

The International Chamber of Commerce (ICC) and the World Business Council for Sustainable Development (WBCSD) will jointly organize a Global Business Day during the 13th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) in Bali.

The Bali Global Business Day (10 December 2007) will bring together 200-300 decision-makers from companies, governments, inter-governmental organizations and non-governmental organizations.

This event will send a strong message that business wants a successful completion of a new global climate change framework beyond 2012 that includes a clear and ambitious long-term strategy for reducing global carbon and greenhouse gas emissions.

It will also demonstrate the capacities and commitments of leading companies and business sectors to provide solutions to the climate challenge.

And the day will highlight the policies and financing requirements that will enable companies and markets to successfully develop and disseminate the technologies and practices required by an ambitious global mitigation plan.

Four panels including business leaders, government officials and civil society experts will review the issues at stake for COP 13. They will explore and suggest ways forward. The Bali Global Business Day will provide a unique and useful focus on the main challenges in designing a new global climate mitigation and adaptation regime.

The Bali Global Business Day will be on Monday, 10 December 2007, at the Conrad Hotel, Bali.

The name of the event, Tri Hita Karana, is derived from the Balinese philosophy of life. Tri Hita Karana emphasizes that happiness can only be attained if the Creator, people and nature live in harmony with each other. It reflects the objectives of responsible business, balancing people, the planet and profit as the basis for sustainable development.

The event is organized with the support of Asia Pacific Resources International Holdings Limited (APRIL), an Indonesian member company of the WBCSD.