UN Global Compact Network Caribbean and Sustainable SME Programme Launched in Barbados

The UN Global Compact Network Caribbean and Sustainable SME & Supply Chain Programme was officially launched in Barbados on May 22, 2024. This initiative aims to align business strategies with the United Nations Sustainable Development Goals (SDGs), promoting sustainable and responsible business practices across the Caribbean region.

The launch event featured notable figures such as Rebeca Grynspan, Arsenio Dominguez, and Sanda Ojiambo. These key players are expected to play significant roles in guiding the programme towards achieving its objectives.

Why this matters: The adoption of sustainable practices by SMEs in the Caribbean region can have a significant impact on the environment and local communities, contributing to the achievement of the UN SDGs. This programme's success can serve as a model for other regions, promoting a global shift towards responsible business practices.

The programme's primary focus is to support Small and Medium-sized Enterprises (SMEs) in the Caribbean region. By adopting sustainable practices and improving their supply chain operations, these enterprises can significantly contribute to the achievement of the UN SDGs.

The launch coincided with the Global Supply Chain Forum, a four-day event held in Bridgetown, Barbados, from May 21 to 24, 2024. This forum brought together industry leaders, policymakers, and experts to discuss the challenges and opportunities in global supply chain management.

Key Takeaways

• UN Global Compact Network Caribbean launched to promote sustainable business practices.
• Programme aims to align SMEs with UN Sustainable Development Goals (SDGs).
• Focus on supporting Caribbean SMEs to adopt sustainable practices and improve supply chains.
• Launch coincided with Global Supply Chain Forum in Barbados, May 21-24, 2024.
• Programme expected to make significant impact on Caribbean business landscape.