For the first time, Tanzania has introduced the UN Global Compact on safeguarding the Tanzanian environment, promote equality, create wealth for local communities, fight corruption, uphold human rights, labour rights and ensuring social inclusion so that Tanzania can bring about sustainable development and promote business ethics.
Tanzania Chamber of Commerce Industry and Agriculture (TCCIA) Executive Director Daniel Machemba made this affirmation on Friday when introducing the UN Global Compact organised by the Association of Tanzania Employers and TCCIA with support from the United Nations Development Program (UNDP).
During the event, UNDP senior governance advisor Steve Lee said UNDP was ready to support Tanzania and its institutions as it builds and implements the Global Compact.
He said the major goal of the compact was to address corporate social responsibility across the country, noting that the UN Global Compact “is an entry and a base for inculcating and instituting responsible business not only by multinationals and large firms but also small and medium enterprises in their respective settings.”
Read the story by Beatrice Philemon in IPP Media.