Connect with us

Technology

UN Global Compact Launches Sustainable Procurement Implementation Framework to Help Companies Turn Commitments into Action

Published

2 hours ago

on

NEW YORK, Sept. 21, 2026 /PRNewswire/ — The United Nations Global Compact today launched the Sustainable Procurement Implementation Framework, a practical global resource designed to help companies place sustainability at the core of procurement and translate sustainability commitments and requirements into day-to-day business practice.

Launched during the High-Level Forum on Sustainable Procurement, held on the margins of the United Nations General Assembly, the Framework responds to a critical implementation challenge for companies operating across increasingly complex global value chains. While governments around the world are advancing regulations and policies to promote more responsible and sustainable supply chains, companies also need practical guidance to translate these expectations into the decisions, processes and supplier relationships managed by procurement functions every day.

The Framework is designed to complement, rather than replace, existing regulations, standards and sustainability frameworks. Where regulations and standards can establish what companies are expected to achieve, the Sustainable Procurement Implementation Framework focuses on the how: providing a practical pathway for companies to operationalize sustainability throughout the procurement lifecycle.

Developed by the UN Global Compact Coalition for Sustainable Procurement, with contributions from leading companies and expert organizations, the Framework provides a structured approach to integrating environmental, social and governance considerations into procurement. It helps companies assess their current maturity, establish the right governance and accountability, translate corporate sustainability priorities into sourcing and purchasing decisions, engage and strengthen suppliers, measure performance and continuously improve.

In doing so, the Framework aims to move sustainable procurement beyond a compliance exercise. It positions procurement as a strategic business function that can help companies manage supply chain risks, strengthen resilience, accelerate decarbonization, advance responsible business practices, foster supplier innovation and capabilities, and support long-term competitiveness.

“Our ambition is to make sustainable procurement the global norm and to give companies a practical pathway for turning that ambition into action,” said Sanda Ojiambo, CEO and Executive Director of the UN Global Compact. “In the years ahead, we will work with governments, companies, business associations and other partners around the world to mobilize the private sector to adopt and implement this Framework. By placing sustainability at the core of procurement, we can help transform the purchasing decisions and supplier relationships of thousands of companies into a powerful force for more resilient, responsible and sustainable global value chains.”

Procurement represents one of the most significant areas of corporate influence, connecting companies with thousands of suppliers and shaping business decisions across global value chains. As companies respond to evolving expectations related to climate action, human rights, responsible sourcing, regulation and supply chain resilience, procurement teams are increasingly responsible for turning corporate sustainability ambitions into operational decisions.

Yet implementation remains a significant challenge. Procurement teams must determine how sustainability should influence supplier selection, contracting, supplier engagement, performance management and purchasing decisions often while navigating different regulatory environments, markets and levels of supplier capability.

The Sustainable Procurement Implementation Framework is designed to help bridge this gap. Adaptable across industries, company sizes and geographies, it provides a common implementation approach while allowing organizations to apply the guidance according to their business context, sustainability maturity and supply chain realities. This flexibility is particularly important for global value chains, where large multinational companies and smaller suppliers may operate under very different market and regulatory conditions but increasingly need to work toward shared sustainability expectations.

“Companies increasingly understand the sustainability outcomes they are expected to deliver, including through evolving regulatory requirements. The challenge for procurement teams is translating those expectations into day-to-day decisions and supplier relationships. This Framework helps address that implementation gap by giving companies a practical approach they can apply within the procurement function,” said Pascal Vieilvoye, CEO of Concept 4

The launch marks the beginning of a broader effort to drive adoption and implementation of the Framework globally. Through the UN Global Compact’s global network and partnerships with companies, governments, business associations, public agencies and other organizations, the initiative will seek to build awareness, strengthen implementation capacity and encourage companies to embed the Framework into procurement practices and supplier engagement.

The ambition is not simply to introduce another sustainability resource, but to create a shared and practical approach to sustainable procurement that can be used across markets, industries and value chains. By connecting policy ambition with business implementation, the Framework can also support dialogue between governments and the private sector on how to accelerate more sustainable and resilient supply chains.

The 2026 High-Level Forum on Sustainable Procurement convened ministers, chief procurement officers, Heads of International Organizations and sustainability experts to discuss how procurement can accelerate sustainable development while strengthening competitiveness and supply chain resilience.

The Sustainable Procurement Implementation Framework is publicly available and intended for organizations of all sizes seeking to integrate sustainability into procurement practices and supplier engagement.

About the Coalition for Sustainable Procurement

Established by the United Nations Global Compact in 2025, the Coalition for Sustainable Procurement brings together leading companies committed to advancing procurement as a strategic driver of sustainability, resilience and long-term business value.

Coalition members work collectively to address shared implementation challenges, exchange practical experience and develop solutions that can support companies and suppliers across global value chains. The Sustainable Procurement Implementation Framework was developed through this collaborative effort, drawing on the experience of participating companies and expert partners.

The Coalition is working toward a vision of making sustainable procurement the global norm, with the ambition of enabling 100,000 companies to integrate sustainability into procurement by 2030.

About the United Nations Global Compact

As a special initiative of the United Nations Secretary-General, the UN Global Compact is a call to companies worldwide to align their operations and strategies with Ten Principles in the areas of human rights, labour, environment and anti-corruption. Our vision is clear: to mobilize business to transform sustainability ambition into action at the scale the world demands. With more than 25,000 participants and a presence in over 100 countries through 5 Regional Hubs and more than 70 Country Networks and expansion territories, the UN Global Compact is the world’s largest corporate sustainability initiative.

For more information, follow @globalcompact on social media and visit the UN Global Compact website.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/un-global-compact-launches-sustainable-procurement-implementation-framework-to-help-companies-turn-commitments-into-action-302885011.html

Related Topics:
Continue Reading

Technology

DAXIO Sets Three-Year Public-Market Pathway Towards a $1 Billion Valuation

Published

52 seconds ago

on

September 21, 2026

By

Founder-owned trade show and commercial-technology company combines 12 specialist US events, proprietary DealConnect technology, $35.7 million in annual commercial capacity and a high-margin AI-powered operating model

WEST PALM BEACH, Fla., Sept. 21, 2026 /PRNewswire-PRWeb/ — DAXIO today set out its three-year pathway towards a public-market listing and a $1 billion enterprise valuation.

“With 12 specialist events, proprietary DealConnect technology and $35.7 million in annual commercial capacity, DAXIO has a defined three-year pathway to a $1 billion valuation and public-market listing.” — Dawn Barclay-Ross, Founder and Chief Executive, DAXIO

Founded and wholly owned by international trade show organizer Dawn Barclay-Ross, DAXIO has established a portfolio of 12 specialist US events supported by proprietary DealConnect technology, qualified Hosted Buyer programmes and a portfolio-wide AI operating system.

The portfolio contains approximately $35.7 million in maximum annual commercial inventory capacity: $32.2 million in stand inventory and $3.54 million in sponsorship, advertising and Thought Leadership opportunities.

At 35%, 60% and 85% inventory realization, annual portfolio revenues are approximately $12.5 million, $21.4 million and $30.4 million respectively.

DAXIO’s current cost model indicates the potential for portfolio contribution margins above 90% at scale, reflecting its AI-powered infrastructure, centralized technology and capital-efficient operating structure.

“The next billion-dollar exhibition business will not resemble the last generation of exhibition groups,” said Barclay-Ross, Founder and Chief Executive of DAXIO.

“It will combine deep industry expertise with proprietary technology, intelligent automation and disciplined commercial execution. It will be faster, leaner and more accountable for the business value created at every event. That is DAXIO.”

Twelve events. One scalable commercial platform.

DAXIO’s 2027 portfolio comprises InfraBuild, PowerXpo, EnerWasteXpo, AgriTechXpo, BioGenomic Health Expo, Advanced Medical Device Show, NextGen MedTech Xpo, InsureCap, SmartMfg, AerospaceXpo, DefenseXpo and TalentTech.

Together, the events establish DAXIO across infrastructure, energy, environmental services, agriculture, healthcare, medical technology, insurance, manufacturing, aerospace, defense and workforce technology.

The portfolio has capacity for up to 5,856 stand-equivalent positions across the full commercially deployable event footprint.

Its multi-sector structure creates diversified revenue opportunities through stand sales, sponsorship, advertising, Thought Leadership, commercial partnerships and technology.

DealConnect moves the model beyond networking

DAXIO’s principal technology asset is DealConnect, created by Barclay-Ross to move business-event matchmaking beyond profile-swiping, unqualified introductions and chance encounters.

DealConnect assesses more than 500 data points across capability, compliance and financial dimensions to identify stronger-fit commercial opportunities during DAXIO events.

It operates alongside DAXIO’s qualified Hosted Buyer programmes. Approved buyers with purchasing responsibility and confirmed budgets may receive flights and hotel accommodation in return for agreeing to attend scheduled meetings with exhibitors during the event.

“Attendance is not the commercial outcome,” Barclay-Ross said. “The outcome is whether the right organizations meet, whether the opportunity is credible and whether that conversation can progress into business. DealConnect is designed around that standard.”

A three-year pathway to public markets

DAXIO’s public-market pathway is structured around five measurable drivers:

Converting revenue across the existing 12-event portfolioExtending the portfolio into further specialist and international marketsEstablishing recurring commercial revenues through DealConnectPreserving high margins through AI-powered executionAchieving institutional standards of governance, reporting and financial control 

Barclay-Ross has applied 25 years of international trade show and business-development experience to create an integrated exhibitions and commercial-technology company without the inherited cost base of a conventional exhibition group.

DAXIO is wholly founder-owned and independent of private-equity ownership, institutional exhibition groups and external corporate control.

“The first 12 events give DAXIO significant commercial scale. DealConnect creates proprietary technology value. Our AI operating system provides the execution capacity to operate across multiple specialist markets while protecting margin,” Barclay-Ross said.

“The pathway is already defined: convert the existing inventory, extend the portfolio, establish recurring technology income and enter the public markets as a high-growth exhibitions and commercial-technology company.

“The platform exists. The commercial capacity is quantified. The margin model is compelling. The route is repeatable. DAXIO’s pathway to a $1 billion valuation is underway.”

Strategic capital window closes September 25

DAXIO’s current $200,000 strategic-capital participation window closes on Friday, September 25, 2026.

The capital will be deployed directly into revenue-generating activity across the existing portfolio, including exhibitor and sponsor acquisition, qualified-buyer development, commercial marketing, technology deployment and sales execution.

The current financing provides a time-limited opportunity for eligible investors to participate at the beginning of DAXIO’s three-year public-market pathway.

Confidential company and investment information is available to eligible investors and professional advisers directly from DAXIO.

About DAXIO

DAXIO is a founder-owned, independent trade show and commercial-technology company headquartered in Florida.

Its portfolio comprises 12 specialist US business events supported by proprietary DealConnect technology, qualified Hosted Buyer programmes and an AI-powered operating infrastructure.

DAXIO is executing a three-year pathway towards a $1 billion enterprise valuation and public-market listing.

Media and investor enquiries

Dawn Barclay-Ross
Founder and Chief Executive
DAXIO
dawn@infrabuildXpo.com
+1 561 785 3120

Media Contact

Dawn Barclay-Ross, Capital Connect International Events Inc dba DAXIO, 1 5617853120, dawn@capitalconnectevents.com, https://www.infrabuildxpo.com/

View original content to download multimedia:https://www.prweb.com/releases/daxio-sets-three-year-public-market-pathway-towards-a-1-billion-valuation-302884930.html

SOURCE Capital Connect International Events Inc dba DAXIO

Continue Reading

Technology

OpenCV Introduces Enterprise Support for Companies Building Products with Computer Vision

Published

53 seconds ago

on

September 21, 2026

By

Three service tiers offer long-term maintenance, OpenCV-certified binaries and direct engineering support. OpenCV remains free and open source.

PALO ALTO, Calif., Sept. 21, 2026 /PRNewswire/ — OpenCV today announced OpenCV Enterprise, a paid maintenance and engineering offering for organizations that depend on OpenCV in their products. The program brings together support for established deployments, priority help with production issues and ongoing engineering collaboration through three tiers: OpenCV Enterprise LTS, OpenCV Enterprise Premier and OpenCV Enterprise Partnership.

Organizations can explore the tiers and register at opencv.org/enterprise.

OpenCV Enterprise is a maintenance and engineering offering for organizations that depend on OpenCV in their products.

OpenCV Enterprise builds on OpenCV’s existing engineering collaborations with companies including Qualcomm Technologies and Arm. These efforts include strengthening native OpenCV support for Windows on Snapdragon through builds, automated testing and optimization, and improving performance on Arm-based platforms through integrations such as Arm KleidiCV. The Enterprise offering brings this platform engineering experience to organizations maintaining their own OpenCV-based products.

For companies building industrial inspection systems, medical imaging applications, robotics and embedded devices, maintaining a computer vision library is an ongoing engineering responsibility. An upgrade can require extensive integration and regression testing. Staying on an older version means continuing to assess security issues, maintain builds and resolve defects. OpenCV Enterprise helps companies manage that work within an agreed support scope and product lifecycle.

“Companies need to support the products their customers already use while continuing to develop what comes next,” said Dr. Satya Mallick, CEO of OpenCV. “OpenCV Enterprise gives those teams a direct engineering relationship with OpenCV, with clear responsibilities for maintenance, testing and support. The library remains free and open source.”

Three tiers for different product needs

OpenCV Enterprise LTS — US$150,000 per year. For teams maintaining a stable OpenCV integration over a defined product lifecycle. LTS includes applicable security backports, covered severe-defect remediation, agreed regression testing, a named service owner and 10 engineering days annually. It helps companies keep established products supported while planning upgrades around their own release schedules.OpenCV Enterprise Premier — US$250,000 per year. For teams that need priority engineering support when OpenCV issues affect production or delay releases. Premier builds on LTS with a named technical lead, product-specific qualification, monthly technical reviews and 30 engineering days annually. It gives engineering teams a clear escalation path and additional capacity to address deployment-specific problems.OpenCV Enterprise Partnership — from US$400,000 per year. For organizations requiring continuing engineering collaboration across custom forks, platforms and hardware generations. Partnership builds on Premier with 60 reserved engineering days annually, an agreed development backlog and quarterly roadmap planning. Work can include optimization, fork maintenance, test integration and scoped migration or porting. 

Every delivered Enterprise binary will be certified by OpenCV

Certification ties each supplied binary to its source, build configuration and qualification results. Deliverables include signed builds, source and patches, a software bill of materials, test results, change notes and a release certificate for the supported configurations.

For companies maintaining private OpenCV forks, the service can also address gaps in automated testing and ongoing maintenance. An internal fork may not have the breadth of build-and-test coverage available through OpenCV’s continuous integration infrastructure. Enterprise qualification defines the configurations and regression checks needed for the customer’s deployment; it does not imply testing on every hardware platform.

OpenCV certification applies to the supplied software and agreed configurations. Customers retain responsibility for final product validation and any required regulatory or functional-safety approvals.
The tiers use three-year agreements billed annually. Initial qualification is priced separately, and support for older releases or private forks begins with a supportability assessment. Covered components, configurations, service windows and maintenance commitments are defined in the agreement.

Organizations can explore the tiers and register at opencv.org/enterprise. Registration creates no purchase commitment. OpenCV Enterprise is an optional paid service; OpenCV remains free and open source.

About OpenCV

OpenCV is an open-source library for computer vision, image processing and AI. It is operated by the Open Source Vision Foundation, a nonprofit supporting the beneficial use of computer vision through open collaboration and freely available software. Learn more at opencv.org.

Media contact

Phil Nelson 
Director of Content & Creative, OpenCV 
phil@opencv.org

View original content to download multimedia:https://www.prnewswire.com/news-releases/opencv-introduces-enterprise-support-for-companies-building-products-with-computer-vision-302885058.html

SOURCE OpenCV

Continue Reading

Technology

NICB Announces Leadership Transition

Published

55 seconds ago

on

September 21, 2026

By

OAK BROOK, Ill., Sept. 21, 2026 /PRNewswire/ — The National Insurance Crime Bureau (NICB), the insurance industry’s association dedicated to predicting, preventing, and prosecuting insurance crime and fraud, announces that David Glawe will step down as President and Chief Executive Officer in October after six years of service leading the nonprofit organization.

“On behalf of the Board of Governors, I want to thank David for his six years of service to NICB and his commitment to its important mission,” said Nick Seminara, Chairman of the NICB Board of Governors. “We appreciate his contributions to the organization and wish him well as he prepares for his next chapter.”

Glawe reflected on his time with NICB and the organization’s mission:

“It has been a privilege to serve NICB and to work alongside such a talented and committed team. I have tremendous respect for the work they do every day and for the mission we share—bringing together the insurance industry, law enforcement, and our many partners to fight insurance fraud and crime and protect the public.

I am proud of what we have accomplished together over the past six years and grateful for the dedication, expertise, and commitment I have seen throughout the organization.”

Glawe will work with the Board and NICB leadership team through his departure to support an orderly transition. The Board will announce its leadership transition plans at the appropriate time.

NICB remains focused on its mission and on continuing to strengthen its capabilities and partnerships in the fight against insurance crime and fraud.,

About the National Insurance Crime Bureau: Headquartered in Oak Brook, Ill., the National Insurance Crime Bureau (NICB) is the nation’s leading not-for-profit organization exclusively dedicated to combatting and preventing insurance crime through Intelligence, Analytics, and Operations; Education and Crime Prevention; and Strategy, Policy, and Advocacy. NICB is supported by more than 1,200 property and casualty insurance companies and self-insured organizations. To learn more, visit NICB.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/nicb-announces-leadership-transition-302885047.html

SOURCE National Insurance Crime Bureau (NICB)

Continue Reading

Trending