Symphony Becomes Part of UN Global Compact

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by KnowESG
KnowESG_UN Global Compact
Image courtesy of https://www.ses.com/

Symphony, a prominent technology platform and market infrastructure provider, has joined the United Nations Global Compact. This is a voluntary initiative that encourages companies to showcase their responsible business practices through development, implementation, and disclosure.

By joining the UN Global Compact, Symphony joins numerous other organisations around the world that share its commitment to responsible business practices for a sustainable future.

Brad Levy, Symphony's CEO, expressed his pride in the company's efforts to prioritise sustainability and ESG matters over the past year. Symphony aims to make deliberate and consistent internal improvements while also supporting its clients' and investors' ESG journeys. Levy assured the community that Symphony adheres to internationally recognised principles on labour, human rights, the environment, and anti-corruption.

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Through its participation in the UN Global Compact, Symphony has made a public pledge to uphold the organisation's Ten Principles, support the UN Sustainable Development Goals (SDGs), and provide annual updates on its progress.

Ben Chrnelich, President and CFO of Symphony, emphasised the company's commitment to a comprehensive and deliberate corporate sustainability approach through its participation in the UN Global Compact. He expressed confidence that joining the initiative represents the first step towards impactful work that includes science-based targets and metrics spanning Symphony's operations, strategy, communications, and market engagement.

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Symphony's leaders will participate in the UNGC's Climate Ambition Accelerator and Target Gender Equality Accelerator programmes to ensure the company adheres to top-tier sustainable corporate standards and reporting.

Additionally, Symphony has shown its dedication to supporting ESG needs in the financial services industry. In 2022, it acquired Amenity Analytics, a data analytics solution that uses natural language processing (NLP) to provide valuable insights to portfolio managers, research professionals, and analysts.

Symphony customers can utilise the Amenity platform to proactively monitor and analyse ESG matters in their supply chains, investment portfolios, and overall sentiment through news and publicly available sources.

To view and compare company ESG Ratings and Sustainability Reports across sectors, follow our Company ESG Profiles page.

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