SAB announced that it has joined the UN Global Compact initiative — a voluntary leadership platform for the development, implementation and disclosure of responsible business practices.
UNGC is a major global initiative that runs toward more sustainable production and collective responsibility and is considered the largest corporate sustainability initiative globally.
Tony Cripps, managing director and CEO at SAB, said: “We are proud to join thousands of other companies globally, to commit and take part in responsible business practices, and play a vital role in the 10 principles that UNGC advocates to create a better future for all of us.”
The 10 principles of the UNGC initiative include human rights, labor, environment and anti-corruption as well as taking action to advance societal objectives. SAB will play a significant role in implementing the 10 principles and leverage UNGC’s strategy to support the UN global border sustainable development goals.
SAB has made ESG a primary focus of its operations and is actively progressing toward a more sustainable and holistic approach to banking by leveraging its capabilities and ESG strategy.
The UN Global Compact is a call to companies everywhere to align their operations and strategies with 10 universally accepted principles and to act and support UN goals and issues embodied in the SDGs.
Launched in 2000, it is the largest corporate sustainability initiative in the world, with more than 15,000 companies and 3,000 non-business signatories based in over 160 countries and more than 70 local networks.
