Expert Group Addresses Responsible Investment in High-risk Countries
(
New York, 20 November 2009
) – An expert consultation to explore responsible investment in
high-risk operating environments, such as conflict-affected countries, was hosted by the Global
Compact today. Chaired by Sir Mark Moody-Stuart, Chairman of the Foundation for the Global Compact,
the event gathered more than 60 representatives of global businesses, institutional investors,
asset managers, and civil society organizations.
Participants reviewed and discussed responsible practices addressing the business value
chain, strategic social investment, engagement and advocacy. In addition, a draft guidance document
articulating a common understanding of “ responsible” investment and “responsible” business
practices in high-risk operating environments was discussed. The final guidance document will be
presented at the next Global Compact Leaders Summit, to be held on 24-25 June 2010, in New York.
“The Expert Group has an important role to play in supporting the private sector and
investors to better address the challenges arising from operating in conflict-affected countries,”
said Sir Mark Moody-Stuart.
Media Contact
Matthias Stausberg
stausberg@un.org
