Zain Joins UN Global Compact Initiative
The Zain Group has joined the United Nations (UN) Global Compact initiative, a platform for the voluntary creation, implementation, and disclosure of responsible business practices.
With this announcement, Zain has joined tens of thousands of companies worldwide and a select few telcos from the Middle East in committing to taking responsible business action to create the world we all desire.
The UN Global Compact is a call to all businesses to align their operations and strategies with 10 widely accepted principles in the areas of human rights, labour, environment, and anti-corruption, and to take action in support of the UN's Sustainable Development Goals (SDGs).
Initiated in 2000, the UN Global Compact is the largest corporate sustainability effort in the world, with over 15,000 firms, 3,000 non-business signatories, and over 70 local networks.
Bader Al-Kharafi, Zain Vice-Chairman and Group CEO, said:
“Zain is committed to creating the world we all want by embedding the UN Global Compact and its 10 principles as part of the overarching strategy, culture, and day-to-day operations.
“In our capacity to establish a 'wonderful world’, through its business practices, Zain is already addressing climate change; upholding human rights; protecting children in the digital and physical realms; and clamping down on corruption, which are all elements that will be further amplified through our entry into the UN Global Compact and its mission.”
Zain is recommitting to promoting and upholding human rights by joining the UN Compact. This is represented in Zain's code of conduct, HR policy, and supplier code of conduct policy, guaranteeing that the company respects and treats its employees equally without discrimination.
The company is committed to playing an active role in addressing climate change and biodiversity loss. It recently published its 11th annual Sustainability Report, "A Resilient Journey," disclosing its ESG indicators, as well as its annual thought leadership report, "The Climate Crisis-Achieving Net-Zero for a Sustainable Future," which explores various topics related to achieving a Net-Zero economy. Zain is committed to systemic change by adopting energy-efficient solutions and lowering its carbon footprint.
Source: Zawya
For more social and governance news
