2021 Sustainability Summit held to accelerate MSME recovery

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The Global Compact Network Philippines and UNIDO Country Office in the Philippines hosted the 2021 Sustainability Summit on “Accelerating MSME Recovery Through the 10 out of 10 Agenda” on November 17-18, 2021. This event in two-day line, attended by 21 speakers and seven CEOs, launched the Private Sector Champions 10 out of 10, an initiative formed to turn 10 out of 10 business ambition into concrete action, a roadmap for recovery and sustainability to support micro, small and medium enterprises (MSMEs).

In the opening program, Teddy Monroy, UNIDO Country Representative in the Philippines, said: “We at the UNIDO country office are pleased to have been able to contribute to this effort, also through the support and assistance provided by our sister United Nations agencies such as the Food and Agriculture Organization, dealing with the agricultural sector and food security issues, and the International Labor Organization, providing their expertise on issues relating to human resources, workplace safety and decent work principles, among others ”. On the other hand, Yayu Javier, local representative of GCNP stressed: “Now is the time to make a difference in the way we operate our products and our people, to strengthen the resilience and sustainability of MSMEs”.

Gustavo Gonzalez, United Nations Resident Coordinator for the Philippines, addressed the plenary where he acknowledged: “People are at the center of the United Nations Socio-Economic and Peace Framework (SEPF), especially those who are most at risk of being left behind. The emphasis is on the transition to a green and circular economy that is healthier and more efficient in resources, health and education systems adapted to their objectives and offering better services to all, and lasting social peace ”. He congratulated GCNP members on their 10 out of 10 business agenda and praised the SEPF alignment efforts to make MSMEs more agile in the new normal and harness private sector contributions to the 2030 Agenda.

Mum Victoria Tan of Ayala Corporation and the Chair of Private Sector Champions presented GCNP’s response to support MSMEs, specifically the initial work done by GCNP, UNIDO and private sector champions such as For People : mental health, access to medical support and food security; for prosperity: finance, supply chain sustainability, management and diversification of business continuity and market access; for Planet: circularity and management of plastic and solid waste; energy, clean production and conservation, and water management. Antoinette Taus joined the speakers in a fireside conversation where they spoke more about sustainability and how to help MSMEs recover from the consequences and impact of the pandemic.

The second day started with the annual SDG Circle CEO, with Ms. Anna Lagon, Co-CEO and Chief Creative Officer, BAYO Manila Inc, Mr. Jose Teodoro Limcaoco, President and CEO, Bank of the Philippine Islands, M . David Sutherland, Chairman of the Board, International Care Ministries, Ms. Sharon Gulmatico, Founder and CEO, Morination Agricultural Products, Mr. Kais Marzouki, President and CEO, Philippines, Mr. Benjie Yap, Executive Vice President and CEO, Philippines Mr. Edwin Bautista, President and CEO, Union Bank of the Philippines. Ms. Neha Das, Asia-Oceania Regional Coordinator, UN Global Compact. The CEOs of the side event discussed their companies’ sustainability commitments in People, Planet and Prosperity, with a focus on their support for MSMEs.

In addition, SANDA OJIAMBO, CEO and Executive Director of the United Nations Global Compact, spoke about the need for business leaders and the GCNP to work together to promote principle-based businesses and harness the collective power of MSMEs. She also pointed out that GCN provides an improved reporting framework that can guide responsible companies in their progress on their sustainability commitments. Sonda concluded that if we operate in a sustainable manner, aligned with the SDGs and the COP, efforts to strengthen MSMEs with the help of GCNP, could accelerate the efforts of the 2030 Agenda for Sustainable Development, uniting business for a better world.

The event closed with the recognition of the 5th anniversary of GCNP and its pioneer members and the announcement of the 2021 SDG Awards.


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