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Executive Update: Uniting Business to tackle COVID-19 through the Ten Principles.

Lise Kingo, CEO and Executive Director of the UN Global Compact, calls in her latest Executive Update
for support of those most affected by the health and economic impacts of the COVID-19 pandemic.

In view of the global COVID-19 pandemic, UN Secretary-General Antonio Guterres calls for joint action,
responsibility and solidarity to slow down the spread of the virus and to protect one another. In his current speech,
he urges us to stay calm and collected, highlighting that “this is a time for prudence, not panic. Science, not stigma. Facts, not fear.”

Lise Kingo endorses this call and appeals to look after the ones which are most at risk – the elderly and the sick,
the poor and the marginalized. Also, special attention must be paid to most vulnerable to its economic impact:
workers in the supply chain and women, who often shoulder a disproportionate burden of care.

She emphasizes that “As a global business community, let’s be guided by this message of determination, solidarity
and prudence in the weeks and months ahead. Let’s draw from the power of the Ten Principles of the United Nations
Global Compact and stand united and face the COVID-19 pandemic.

A Special Appeal from the UN Global Compact to stand united

The United Nations Global Compact is calling on business leaders everywhere to unite and take collective action
to stem the COVID-19 pandemic, support workers, also in the supply chain, and facilitate business continuity for a fast recovery.

Taking joint action to contain the COVID-19 outbreak and developing forward-looking solutions are vital to ensure
restoration and stabilization of the global economy in line with the Agenda 2030.

In the spirit of solidarity and international cooperation, the UN Global Compact encourages companies everywhere
to use the Ten Principles as their guide in responding to the crisis.




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