Turning Transactions into Actions
We are turning transactions into actions for responsibility by electing to become a member of the United Nations Global Compact principles. Our membership is a tangible expression of the commitment to all our subsidiaries and employees and asserts our desire to be a firm fixture in the technological, energy, environmental, social and societal transition that our communities require.
The UN Global Compact allows us to innovate in terms of Environmental Social and Corporate Governance (ESG) and commit to implementing responsible actions into the heart of our daily strategy and operating methods.
About The UN Global Compact
The UN Global Compact aims to mobilise a global movement of sustainable companies and stakeholders. They provide a principle-based framework, best practices, resources and networking events to ensure companies can undertake business responsibly and keep commitments to society.
To make this happen, the UN Global Compact supports companies to:
- Do business responsibility by aligning their strategies and operations with 10 principles on human rights, labour, environment and anti-corruption.
- Take strategic actions to advance broader societal goals – such as the UN Sustainable Development Goals, with an emphasis on collaboration and innovation.
Over 15,000 companies have joined the UN Global Compact across 160 countries, as a collective force for good and sustainable change. And Thunes is proud to be just one of these organisations.
The UN Global Compact’s ten principles are categorised under four headings.
- Support and respect protection of internationally proclaimed human rights.
- They should not be complicit in human rights abuses.
- Support a precautionary approach to environmental challenges.
- Undertake initiatives to promote greater environmental responsibility.
- Encourage the development and diffusion of environmentally friendly technologies.
Businesses should uphold:
- The freedom of association and the effective recognition of the right to collective bargaining.
- The elimination of all forms of forced and compulsory labour.
- The effective abolition of child labour.
- The elimination of discrimination in respect of employment and occupation.
- Work against corruption in all its forms, including extortion and bribery.
The Work We’re Doing
By joining the UN Global Compact, Thunes is committed to taking action in support of sustainable development goals, submitting an annual communication on progress and implementing the UN Global Compact’s ten principles across the business.
Click the link to find out more.
Ecovadis provides organisations with a business sustainability rating – this is done through actionable scorecards. A scorecard ranks businesses on environmental, social and ethical risks across 198 classifications and 160 countries.
We applied to the Ecovadis sustainability assessment because we were keen to get a benchmark of how we are doing today and set some standards for continuous improvement internally. We were awarded the Ecovadis silver medal for 2022.
“We are proud to join the UN Global Compact and are keen to make sustainable development a powerful lever for innovation.”