UNDP and the Business for Peace Foundation have launched the competition for the Business for Peace Award

UNDP has developed a new strategic partnership with the Business for Peace Foundation to promote the Business for Peace Award, which will be given to leaders in the private sector who have demonstrated transformative and positive change that business can create with ethical business practices. The objective of the Award is to create global awareness among all stakeholders of the need to integrate good governance and ethics into business and to ensure that business contributes to, rather than undermines, sustainable human development. In addition, the Business for Peace Foundation will ensure that the Award has legacy and is sustainable, with the provision of up to 7 doctoral scholarships awarded annually in the winner’s name to students pursuing doctoral research in this area.

We encourage exceptional business individuals who have promoted the concept of business worthiness - applying business energy ethically and responsibly with the purpose of creating economic value that also creates value for society – to participate in the Business for Peace Award competition.

The call for nominations is closing on the 15th February.

We would like to particularly encourage local business and businesses engaged in the extractive industry to apply.  There are exceptional women business leaders in difficult environments who are invited to participate in the competition.

The Business for Peace Foundation was established in 2007 to enhance business leaders’ willingness to engage with society as partners, in developing shared values and increasing trust between business and society (http://businessforpeace.no/). The foundation is partnering with a series of reputable institutions such as The City of Oslo, International Herald Tribune, International Chamber of Commerce, The Oslo Centre Peace and Human Rights, Partnership for Change and World Trade Centre Oslo.

The Business for Peace Foundation has appointed a jury (the Awards Committee) which consists of Nobel Peace or Economics Prize Laureates: Prof. Muhammad Yunus, winner of the Nobel prize in Economics in 2006 and Prof. Michael Spence, winner of the Nobel prize in economics in 2001. The task to establish the  Award Committee was given to former Swedish Prime Minister Göran Persson, former Norwegian Prime Minister Kjell Magne Bondevik, and the director of the Peace Research Institute Oslo (PRIO), Kristian Berg Harpviken.

The Oslo Governance Centre in close collaboration with the Istanbul International Center for Private Sector in Development look forward to receiving nominations of qualified business leaders, and to use this new opportunity to engage more strategically with the private sector at the global, regional and country level. Those interested to apply can access application form following the link to the nomination page http://www.applywizard.com/ec11.db42

Candidates are advised to save or print the copy of the nomination form for their records.