Washington DC, 10 March 2023 (TDI): Today, the Secretary of State of the United States (US), Antony Blinken announced that US companies are setting the standard for responsible business practices in their overseas operations.
He noted that American companies are leading the way in promoting global challenges, women’s economic security, and creating sustainable supply chains.
U.S. companies set the standard for responsible business practices in their overseas operations. In 2023, we are honoring companies who innovate new tech to address global challenges, promote women’s economic security, and create sustainable supply chains. https://t.co/3JWH8mQcZZ
— Secretary Antony Blinken (@SecBlinken) March 9, 2023
In recognition of this, US Secretary stated that the country is honoring companies that have demonstrated their commitment to innovation and corporate social responsibility.
He acknowledged that these companies have gone above and beyond to create new technologies that address global challenges, promote women’s economic security, and ensure the sustainability of their supply chains.
For information, the US Department of State’s Bureau of Economic and Business Affairs is inviting the public to submit recommendations for the 2023 Secretary of State’s Award for Corporate Excellence (ACE).
This prestigious award, now in its 23rd year, recognizes US firms that embody American values, enhance US efforts abroad, and have a positive impact on local communities worldwide. To mention, the 2023 ACE categories are;
- Award for Corporate Excellence in Innovation
- Award for Corporate Excellence in Women’s Economic Security
- Award for Corporate Excellence in Sustainable Supply Chains
The Award for Corporate Excellence in Innovation recognizes companies that pioneer ideas, solutions, and products to address contemporary challenges of climate change, food insecurity, and responsible technological and infrastructure development.
The Award for Corporate Excellence in Women’s Economic Security honors companies committed to supporting women’s economic security through their values, strategies, policies, and operational practices.
The Award for Corporate Excellence in Sustainable Supply Chains recognizes companies that champion corporate responsibility by improving the environmental, social, and nutritional impact of their operations and supply chains.
Thus, the stakeholders can submit recommendations to the US Embassies and consulates in specific countries where a US company is operating.
However, nominations will be officially submitted by the Chiefs of Mission from US Embassies and consulates, and they retain final decision-making authority on such matters.
Most importantly, compelling recommendations should include proof of positive impact, metrics when available, and demonstrate a commitment to the communities where a company does business.
Nominations of small- and medium-sized firms are encouraged. Furthermore, the recommendations are due by April 15, 2023.
Stakeholders should contact the embassy or consulate switchboard during normal business hours and ask to speak with the economic section regarding the ACE.
Also, the contact information can be obtained on the website of the respective Embassy or consulate.
The US Department of State looked forward to receiving recommendations and honoring companies that exemplify American values and have a positive impact on local communities worldwide.