The UN’s Global Compact initiative, one of the most important programmes in the world focusing on sustainability. Launched officially in July 2000, it now has 12000 participants from 170 countries worldwide.
The participants include businesses, institutions, representatives from the world and organisations of civil society involved at different levels in creating a more sustainable and inclusive economy. This uniquely makes Global Compact a truly global forum for sustainability.
To become a member, businesses have to adopt, support and promote the so-called Ten Principles – a set of universally accepted values regarding human rights, employment and environmental standards and the fight against corruption. Businesses also have to accept to publish an annual report for their stakeholders detailing their achievements in this area.
As a member of the United Nations Global Compact, the Group is also committed to supporting the Global Compact Network Italy Foundation (GCNI Foundation). In addition, the Sofidel Group is active in several working groups within the Foundation together with the other member companies. In this regard, it is worth highlighting Sofidel’s participation in the TenP-Sustainable Supply Chain Self-Assessment Platform developed by the GCNI Foundation. Its aim is to assess the sustainability performance of supplier companies, with the aim of identifying common challenges and solutions in order to improve sustainability within the supply chain.