UN-backed awards seek to honour businesses with sustainable development practices


Businesses with innovative models that enhance commercial success as well as contribute to sustainable development have been invited by the United Nations to participate in the World Business and Development Awards (WBDA), which launched its nominations today.

Organizations engaged in practices that are delivering commercially-viable solutions and helping to improve social, economic and environmental conditions are eligible to apply regardless of size or location.

According to a news release issued by the UN Development Programme (UNDP), a co-organizer of the awards, this year’s prizes will be given to companies with inclusive business models that expand access for low-income people to goods and services, or improve their livelihoods by engaging them in value chains as direct employees, suppliers or distributors, while also generating sales and profit growth.

See full Press Release.