Private Equity Moris Beracha Wuani

The way we produce, (re)use and dispose of or recycle our materials has an impact on nearly every one of the United Nations Sustainable Development Goals (SDGs), a collection of 17 global 2030 goals introduced by the United Nations in 2015. Also known as the Global Goals, the SDGs were designed to be universal (for both developed and developing countries), holistic (people-centered and planet-sensitive) and measurable. They include 169 targets and aim to end poverty, protect the planet and ensure prosperity for all. For the textile industry, "SDG 12: Responsible Consumption and Production" is a gateway to many of the other SDGs. More sustainable cultivation of cotton, wool, wood and other natural raw materials aligns with the "Zero Hunger" and "Life on Land" goals. Converting to renewable energy and deploying cleaner technologies in the fiber processing stages have a positive effect on the "Clean Water and Sanitation," "Industries, Inno...

The pressure is mounting for a "new normal." That’s the brief summary from this year’s World Economic Forum (WEF) in Davos, which I attended last month with the United Nations Secretary-General, my team and many of U.N. Global Compact's business partners. World leaders increasingly understand the urgency of becoming more ambitious to deliver the world we all want. Among their chief concerns is climate change, which the 2020 WEF Risk Report presented as the mother of all risks. For the U.N. Global Compact, Davos presented a unique opportunity. It marked that 20 years ago, the late U.N. Secretary-General Kofi Annan initiated a global compact of shared values and principles between the United Nations and business to give the global market a human face. It also marked the launch into the U.N. Decade of Action to deliver on the Sustainable Development Goals (SDGs). Walk or talk? The Decade of Action marks a shift. The planetary window for "business as usual" ...