ADEC INNOVATIONS CEO SHARES INSIGHTS AT THE GSSD 2016, LAUNCHES GCEOABACK
The Global CEO Alliance (GCEOA) was formally launched by its Chairman, Mr. James Donovan, at the Global South-South Development Expo 2016. The event was held from October 30 to November 3, 2016, at the Sheikh Rashid Hall, Dubai World Trade Center, Dubai, UAE.
The GCEOA is an alliance that promotes Sustainability Shared, an open framework where value creation is measured through economic, environmental and social impact, with the alliance providing knowledge and technology exchange that advances sustainability in the business sector.
Mr. Donovan believes that businesses have a pivotal role in driving sustainable development through their expertise and financial capacity to address sustainability challenges of the 21st century. “Developing business solutions, ranging from applications to other types of innovations and partnerships, is the best way to address stakeholders’ ESG concerns,” he said.
Mr. Donovan considers sustainability ventures such as the GCEOA as “untapped opportunities for the private sector to do good and to do good business.” For him, the said endeavors are ways for the private sector to create positive social change without compromising their bottom line.
The GCEOA Chairman strongly expressed his belief that sustainable development is essential for business continuity. “True development can’t occur if someone somewhere is being left behind. There is no business without a healthy environment,” he said.
The GCEOA presents numerous opportunities for the private sector to contribute to sustainable development particularly in getting the “Missing Middle” on board in the private sector’s effort in narrowing the capacity and investment gap for the SDG’s .
It is a platform for multi-stakeholder partnership among chief executives, governments and individuals towards a programmatic approach in addressing the challenges of achieving the United Nation’s Sustainable Development Goals.
The Global CEO Alliance is one of the initiatives of ADEC Foundation which promotes the advancement of people and planet by working closely with stakeholders from the public sector, the private sector, civil society, multilaterals, and the United Nations.