The FINANCIAL — The Global Compact and Lions Club International announced on March 14 a new collaboration between the two organizations.
The agreement was signed by Mahendra Amarasuriya, President, Lions Clubs International (LCI), and Soren Petersen, Head Local Networks and Partnerships at the Global Compact Office, during the 30th Annual Lions Day with the UN at UN Headquarters in New York.
The Global Compact and LCI will promote cooperation in developing countries between local Lions Clubs and Global Compact Local Networks in order to harness the power of business in responding to the challenges and opportunities of globalization in particular with regards to the Millenium Development Goals.
“For the fiscal year 2008-9 at least three pilot projects are planned to be implemented in Latin America, Africa, South/Southeast Asia” said Mr. Amarasuriya during the signing ceremony. Mr. Petersen emphasized the potential synergy effects between local Lions Clubs and Global Compact Networks as “both organizations are based on a similar set of universal values and similar views on the role of corporate citizenship.” Global Compact Local Networks have currently been established in close to 70 countries.
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