Events

Fostering Sustainable Trade in the APEC Region

On 14 September 2021, the UNFSS co-organized a 3-day Asia Pacific Economic Cooperation (APEC) Stakeholder VSS Awareness Workshop together with the APEC Secretariat and the Department of Standards Malaysia. APEC is comprised of 21 member economies which aims to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable and secure growth and by accelerating regional economic integration. Against this background, the UNFSS has been a close partner to deliberate the

Leveraging collaboration, transparency, and fairness to enhance VSS effectiveness in achieving sustainable development

On 30 August 2021, UNCTAD launched its report “Better Trade for Sustainable Development: The Role of Voluntary Sustainability Standards” in a webinar chaired by Ms. Isabelle Durant, Acting Secretary-General of UNCTAD. Ms. Durant highlighted the need to pursue development under the Sustainable Development Goals (SDGs) umbrella. While she indicated the role of international trade as a means of implementation for the achievement of the SDGs, she referred, as well, to the adverse social and environmental impacts resulted

Better Trade for Sustainable Development: The Role of Voluntary Sustainability Standards

The expansion of international trade in the last decades, although it has brought economic and societal benefits across the globe, sometimes led to failure in addressing the adverse social and environmental impacts. Sustainable trade takes place when these adverse impacts are mitigated, and the international exchange of goods and services yields positive social, economic and environmental benefits [Read: Minding the gap to foster better trade for sustainable development]. For trade to become a ‘sustainable engine’, one approach

Sustainability Standards and Economic Concerns: An Academic Roundtable Discussion

When Voluntary Sustainability Standards (VSS) emerged in the late 20th century, they were heralded as innovative new instruments to help meet some of the most pressing sustainability challenges. Disappointment in the lack of meaningful government policy commitments and/or ineffective implementation of traditional ´command-and-control´ regulatory systems spurred the emergence of these market-based instruments. The question is whether VSS have been able to deliver on their promise to bring about fundamental, lasting changes in sustainability practice. Putting focus on the economic benefits, SDGs

Sustainability Standards and Social Concerns: An Academic Roundtable Discussion

Economic growth alone is not enough to ensure equity, social progress and to eradicate poverty. Up till today, hazardous workplaces continue to exist, and discrimination remains a challenge. According to the latest global estimates, 152 million children are in child labor and 25 million adults and children are in forced labor. Improving workplace practices beyond legal compliance fosters sustainability. It can as well result in higher morale and job satisfaction, and foster creativity