The United Nations Global Compact (UNGC) is a voluntary initiative whereby companies align strategies and operations with universal principles on human rights, environment and anti-corruption, and take actions that advance societal goals. It is based on commitments of chief executives to implement universal business principles and to take steps to support UN Sustainable Development Goals (SDGs). The goals' aim is to encourage individuals, organisations, governments and the international community to communicate and collaborate more effectively and to ensure that everyone has the right to prosper in the future.
By enabling every citizen to participate securely in the global economy, our purpose directly supports the same goals as those defined via the UNGC. Through the alignment of ourselves to these goals, it allows us to show where and how we contribute to their achievement and also provides a framework for us to report against them.
Our participation in the UNGC is also a clear demonstration of the progress we are making in our five year transformation programme, which addresses a number of initiatives, including sustainability.