Welcome to this important conference on how ethical business practices can support United Nations priorities. I salute His Highness Sheikh Sultan bin Mohammad Al Qasimi, Ruler of Sharjah, for his vision as Founding Patron of the Pearl Initiative. I also thank His Highness Sheikh Hamdan bin Mohammad bin Rashid Al Maktoum, Crown Prince of Dubai, for patronising this important joint Forum with the Global Compact.

This year is critical for people and the planet. We are aiming to adopt a new set of sustainable development goals and reach a meaningful universal agreement on climate change.

Business can drive progress.

But not just any business will do.

Sustainable development demands principled business. It requires strong corporate accountability. Good governance is vital.

I hope your collaboration can mobilize even more companies from the Gulf region to advance progress.

Be part of this global transformation. Help us make 2015 a turning point in history.

Thank you.