Business cannot survive without people, says Eugene Mayne at Leaders in Logistics 2019
Tristar was established not only to provide safe operations in over 20 countries and territories, but also to build a sustainable business that contributes positively to communities, says Eugene Mayne, Group CEO, Tristar.
Speaking during the Leaders in Logistics Summit 2019, Mayne, during his Business for Purpose presentation, highlighted some of the key challenges facing the world from a socio-economic perspective and said businesses need to exist for a greater purpose rather than just profit.
Tristar is built on the foundation of ‘Business for Purpose’ and is guided by an Environmental, Social and Governance (ESG) framework, he said.
“Business leaders should support the 10 Principles of the UN Global Compact (UNGC), ‘not just by lip service but by action’. The 10 Principles cover four areas related to human rights, labour, environment and anti-corruption and directly contribute to the 17 Sustainable Development Goals. (SDGs).,” he said.
The SDGs are a set of economic, social and environmental goals ratified by 193 countries, including UAE at the UN in September 2015 which aims to ‘end all form of poverty, fight inequalities and tackle climate change’ by 2030.
“Business cannot survive in a world in which people don’t and everyone deserves access to clean air and water, and a sustainable economy,” added Mayne. “Business leaders have to respect the 10 Principles of the UN Global Compact. The UAE has launched 17 sustainable development goals. We must achieve these goals for our own sake and for future generations. Inequality, environmental sustainability, gender equality, these are some of the key issues to create a better world.”
To underscore his point, Mayne highlighted a shocking statistic. The global population will be 10 billion by 2030, but 1 billion currently go to bed hungry, while 30% of all food produced globally is wasted.
“Inequality is creating unrest all over the world, and one of the major causes is tax evasion. The gap between rich and poor is widening,” he said.
“This inequality is seen in the logistics sector as well. Road safety is a major concern for our industry, and while high-income countries have seen a significant reduction in road deaths, low income countries have not,” says Mayne.
“We need to be responsible for road safety not just within our own organisations, but with our partners as well, particularly the third parties we work with globally.”