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Today at the UN Global Compact Leaders Summit 2016 in New York, Sonia Consiglio Favaretto, press and sustainability managing director of BM&FBOVESPA S.A., was announced as one of ten 2016 Local SDG Pioneers. Ms. Favaretto was recognized for her efforts that align with Sustainable Development Goal (SDG) 8 on Decent Work and Economic Growth.
Launched in 2016 as part of the UN Global Compact’s Making Global Goals Local Business campaign, the Local SDG Pioneers programme seeks out individuals who are demonstrating how the Sustainable Development Goals (SDGs) can enable business to unlock economic, social and environmental gains for the world. Over 600 nominations were received from 100 countries between February and April 2016.
The 17 Sustainable Development Goals of the 2030 Agenda for Sustainable Development – adopted by world leaders in September 2015 at an historic UN Summit – officially came into force on 1 January 2016. Over the next fifteen years with these new goals that universally apply to all, countries will mobilize efforts to end all forms of poverty, fight inequalities and tackle climate change, while ensuring that no one is left behind.
“Each of the 2016 Local SDG Pioneers exemplifies how business can be a force for good in addressing the challenges we face as a global society,” said Lise Kingo, UN Global Compact Executive Director. “Ms. Favaretto has spent more than a decade working to enable sustainable and transparent capital markets in Brazil. Her efforts to integrate the SDGs into the exchange’s products and services make her a pioneer for sustainable stock exchanges.”
The Pioneers are made up of entrepreneurs who are championing sustainability through their business models and changemakers who are mobilizing the business community broadly to take action in support of the SDGs. A Pioneers Selection Group, comprised of experts from the UN, academia, civil society and the private sector, ranked the nominees based on a set of criteria, resulting in the ten 2016 Global Compact Local SDG Pioneers. In the years to come, the Global Compact’s Pioneers programme will become a vital part of the organization's priority to make global goals local business.
“To have been chosen for the first class of SDG Pioneers is an honor, privilege and responsibility,” said Ms. Favaretto. “It represents recognition for years of work fighting to build a truly sustainable world which reevaluates all of its patterns of production, consumption and behavior, but above all which reevaluates its own mindset. It cements that world as an obtainable and realistic dream that is on the verge of coming true. As an SDG Pioneer, with the important support and credibility of the UN Global Compact, I hope to obtain even greater visibility, networks and contacts that allow me to intensify the SDGs’ actions by BM&FBOVESPA and by the Brazilian market on this strategic and irrevocable journey.”
The UN Global Compact Leaders Summit 2016 is a two-day gathering of the private sector, UN, Government and civil society to jump-start action to achieve the UN Sustainable Development Goals by 2030. Together, over 800 leaders from around the world are gathered in New York to identify how to unleash the business activities, thinking and innovation required for a new era of sustainability.
The UN Global Compact is the world’s largest corporate sustainability initiative, calling on companies to align strategies and operations with universal principles on human rights, labour, environment and anti-corruption, and take actions that advance societal goals. In Brazil, over 700 companies and non-business organization have joined the initiative, and the Global Compact Network Brazil has supported their efforts to advance sustainable business practices since 2003.
