IN RUSSIA AND IN A NUMBER OF OTHER COUNTRIES, THIS DAY IS KNOWN AS THE EARTH DAY
International Mother Earth Day was proclaimed in 2009, by the United Nations General Assembly under Bolivia-led Resolution. It recognizes that the Earth and its ecosystems are our home and that in order to achieve a just balance between the economic, social and environmental needs of present and future generations of humanity, it is necessary to promote harmony with nature and the Earth.
The 80th session of the Economic and Social Commission for Asia and the Pacific (ESCAP)
22 - 26 April, 2024, Bangkok, Thailand
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) opened its 80th session in Bangkok today, on April 22th. The official program is available on the website.
This year's session is guided by the theme "Leveraging digital innovation for sustainable development in Asia and the Pacific". The program of the Session will also provide an overview of the implementation of the 2030 Agenda for Sustainable Development in the Asia-Pacific region.
2024 Annual Letter to UN Global Compact Participants from Sanda Ojiambo
Dear Participants of the UN Global Compact,
Today’s great challenges – climate change, conflict, widening inequalities, socio-economic and geopolitical changes – intensify, while the confluence of social, technological, political and economic megatrends generates unprecedented complexity, uncertainty and disruption.
We face an expanding list of bigger, more critical decisions and equally critical opportunities demanding our attention. The consequences of action, or inaction, are greater than ever.
Over the last few years, I have heard time and again from business leaders seeking to leverage the private sector's strengths to solve problems and drive transformative change. The global, regional and local convenings of the UN Global Compact have provided opportunities for sharing cross-cutting solutions and breakthroughs on diverse challenges, including climate action, renewable energy and living wage.
Innovations and solutions are within reach. Collectively, we must move at a speed, scale and scope that ensures sustainable results for the challenges we face.
Twenty-five years ago, then Secretary-General Kofi Annan called on the private sector to form a global compact for business and bring a human face to the global market. Since then, the Global Compact has grown to a participant base of more than 20,000 companies. Our ambition is to continue on a solid growth and delivery trajectory, especially when the private sector is needed now more than ever.
THE NEWS OF RUSSIAN COMPANIES PARTICIPANTS OF THE UN GLOBAL CONTRACT
PhosAgro, a member of the UN Global Compact since 2018, consistently implements a policy of corporate responsibility and reaffirms its commitment to the principles of sustainable development. This is confirmed by targeted programs aimed at developing human capital and increasing the well-being of the regions of presence, including environmental and climate aspects. The successful implementation of these programs is ensured by the efficiency of production management and investment potential.
Today PhosAgro has set the highest bar in the country's industrial sector in increasing wages for its employees - PhosAgro has decided to index the salaries of employees at all Group companies by a further 15%, starting 1 February 2024.
The average salary of the Company’s employees increased by 60% from 2021 through 2023. The decision to raise salaries again was taken by PhosAgro’s Management Board following an expanded meeting involving members of the Company’s Board of Directors and senior management. The meeting summarised the results of the Company’s social programme and efforts to develop its human resources.
“The decision to index wages was based on the Company’s excellent production and economic performance. This will bolster the material well-being of our employees and serve as an important incentive to further drive productivity, which has increased by 160% over the past 10 years. We provide our exceptional workforce – our primary asset – with safe, comfortable working conditions and decent wages. According to the ratings published by authoritative agencies and business media, we are among the best employers in the country,” said PhosAgro CEO Mikhail Rybnikov.
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Benefits
Joining the Global Compact Network Russia – the Association “National Network of the Global Compact” – opens for the UN Global Compact participants additional opportunities – those mentioned above and stated below.
