ICC News

20 February 2020 ICC and the United Nations Development Programme (UNDP) have signed a new Memorandum of Understanding to promote business engagement in UNDP’s flagship SDG Impact initiative. The new partnership aims to leverage ICC’s global network to drive a transformation in how economic growth is generated by ensuring that the private sector has the necessary tools to embed sustainability in corporate decision-making. Experts and industry leaders now widely recognise that a step-change is needed in the level of private sector investment in the Sustainable Development Goals (SDGs)—with only a fraction of global assets currently invested in SDG-aligned activities and only

11 February 2020 During the Conference on Integrity held on February 11th, business leaders, public sector officials, international partners, academic personalities and civil society activists gathered in Tirana to share their initiatives their efforts and challenges faced in the fight against corruption today in Albania and worldwide. Organized by ICC Albania, this Conference was the concluding event of the Week of Integrity an initiative introduced for the first time in Albania this year and adopted from ICC Netherlands. The panel discussions and academic debate sessions provided an overview of the most endemic challenges faced by the society, academia or at the

7 February 2020 ICC is partnering with government, business and other stakeholders to create digital solutions that will advance economic prosperity for all. In line with ICC’s Declaration for the Next Century of Global Business, we are committed to maximising the benefits of the digital economy through establishing key partnerships to unify, simplify, and transform trade processes for all. Here are seven ICC digital initiatives that will prepare business for the future of global trade: 1). TradeTrust facilitating ICC TradeFlow During the World Economic Forum Annual Meeting in Davos, ICC joined the Singapore Government and major firms from key industries to launch TradeTrust,

31 January 2020 ICC Secretary General John W.H. Denton AO has responded to the outbreak of a new coronavirus which has infected thousands and led to the deaths of more than 200 people. In a message to the ICC global network, Mr Denton said: “Businesses worldwide are now taking actions to support the government and people of China in their response efforts. We too must demonstrate our support as the global institutional representative of many businesses in China and many more in newly affected countries.” Mr Denton underscored that contributing to a coordinated effort to protect lives, livelihoods and the global

30 January 2020 In celebration of the International Day of Women and Girls in Science, ICC is partnering with the Royal Academy of Science International Trust (RASIT) to co-host the 5th International Day of Women and Girls in Science Assembly on 11-12 February. Formally recognised by the United Nations in 2015, the International Day of Women and Girls in Science provides a platform to recognise the critical role that women and girls play addressing the major challenges of our time, through their active contributions in the fields of science and technology. Celebrated on 11 February, the day is an important opportunity

24 January 2020 The International Chamber of Commerce (ICC) joined over 3,000 participants at the 50th edition of the World Economic Forum to strengthen environmental initiatives among the private sector. Building off last month’s United Nations Climate Conference (COP25), ICC Secretary General John W.H. Denton AO has made environmental initiatives the focal point of his participation at this year’s Forum in Davos. ICC has contributed to several environmental initiatives, tools, services and policy recommendations launched at this year’s Forum. Business provides policymakers with concrete proposals to protect biodiversity Business for Nature, a global coalition of leading organisations and forward-thinking businesses committed

22 January 2020 Convening alongside the World Economic Forum Annual Meeting in Davos, the International Chamber of Commerce (ICC) has joined the Singapore Government and industry partners to accelerate the digitalisation of global trade and commerce. ICC, the Singapore Government, and major firms from key industries have signed a historic cooperation agreement to facilitate and accelerate adoption of digital technologies in trade and commerce. The global industry leaders participating in the agreement are APRIL, DBS Bank, Marubeni Corporation, Mastercard, Mitsubishi Corporation, Mitsui & Co., Ltd., Mizuho Bank, Ltd., MUFG Bank, Noble, NTT DATA,   PSA International, Sompo Japan Nipponkoa, Standard Chartered Bank,

17 January 2020 From 6-12 February, ADR professionals and students hailing from the four corners of the globe will converge in Paris, France for the International Chamber of Commerce’s (ICC) much-anticipated Mediation Week (ICCMW). The world business organization’s largest educational event of the year welcomes over 550 participants—from students and young professionals to world-renowned mediators and academics— for unparalleled capacity building and knowledge exchange each and every year. Here are three things to know about the week-long event. 1. It is a prestigious competition that promises an unforgetting experience In today’s increasingly global and turbulent economic environment, the ability to go

14 January 2020 Resolving commercial disputes efficiently and cost-effectively is an ICC priority, as it advances our purpose to secure peace, prosperity and opportunity for all. But our Dispute Resolution Services go far beyond case management to include pioneering discussions and activities that steer the future course of dispute resolution, engaging with arbitration and ADR users around the world and encouraging the next generation of dispute resolution professionals. We’ve rounded up 12 highlights from our busy year to demonstrate the breadth and impact of our dispute resolution work. 1. We announced a new record for arbitration awards in 2018 The International Court of Arbitration

14 January 2020 Despite overall piracy incidents declining in 2019, there was an alarming increase in crew kidnappings across the Gulf of Guinea, according to the International Chamber of Commerce’s International Maritime Bureau’s (IMB) annual piracy report. In 2019, IMB’s Piracy Reporting Centre received 162 incidents of piracy and armed robbery against ships worldwide, in comparison to 201 reported incidents in 2018. The incidents included four hijacked vessels, 11 vessels fired upon, 17 attempted attacks, and 130 vessels boarded, according to the latest IMB figures. While the overall decline in piracy incidents is an encouraging development, vessels remain at risk in