Building on the insights from our materiality assessment, we recognized the importance of aligning our sustainability efforts with global standards. In 2023, we strengthened our dedication to responsible business practices by officially participating in the United Nations Global Compact (UNGC) initiative. This step connects us with a global network of companies committed to upholding ten universally accepted principles in the areas of human rights, labour, environment, and anti-corruption.
By integrating these principles into our strategies and operations, we enhance our commitment to ethical standards and contribute positively to global sustainable development. Moreover, we are actively supporting the 17 United Nations Sustainable Development Goals (SDGs), which provide a universal framework for addressing the world's most pressing challenges, such as poverty, inequality, climate change, and environmental degradation.
Our commitment to the SDGs means we are aligning our business practices and objectives with these global goals, focusing on areas where we can make the most significant impact:
SDG 4 – Quality education: Investing in employee training and development programs to foster continuous learning and skill enhancement.
SDG 5 – Gender equality: Promoting diversity and equal opportunities within our workforce to ensure an inclusive work environment.
SDG 6 – Clean water and sanitation: Managing water resources responsibly by reducing water consumption, improving water efficiency, and ensuring proper wastewater treatment in our operations.
SDG 8 – Decent work and economic growth: Providing safe working conditions and contributing to sustainable economic growth through responsible business practices.
SDG 9 – Industry, innovation, and infrastructure: Advancing innovation in our products and processes to build resilient infrastructure and promote sustainable industrialization.
SDG 12 – Responsible consumption and production: Implementing sustainable practices across our operations and encouraging responsible consumption patterns.
SDG 13 – Climate action: Reducing our carbon footprint by enhancing energy efficiency and investing in renewable energy sources.
SDG 15 – Life on land: Minimizing our environmental impact on terrestrial ecosystems by promoting sustainable land use, supporting biodiversity, and responsibly sourcing raw materials.
SDG 17 – Partnerships for the goals: Collaborating with stakeholders, industry partners, and communities to achieve shared sustainability objectives.
By embracing the ten principles of the UN Global Compact and actively working towards the SDGs, we ensure that our sustainability initiatives are comprehensive and aligned with international efforts. This alignment complements our materiality assessment by providing a broader framework, which guides our actions and helps us measure our progress against global benchmarks.