#Sustainability

09.08.2017

Helaba commits itself to the principles of the UN Global Compact

Helaba has signed a declaration on the implementation of the UN Global Compact’s ten principles for corporate sustainability in the areas of human rights, labour, the environment and anti-corruption. In so doing, it has committed itself to supporting and promoting the principles.

Herbert Hans Grüntker, the Chairman of Helaba's Board of Managing Directors, commented: “We view our commitment to implement the principles of the UN Global Compact as a mandate to align our strategies and activities towards the sustain­ability goals and vision of the initiative. The declaration to implement the principles takes place in the context of a wide-ranging project extending across all business segments with the aim of improving and sharpening the Helaba Group's sustain­ability profile.”

The Global Compact, which was enacted by the United Nations, is the largest and most significant worldwide initiative for corporate sustain­ability. It pursues a vision of an inclusive and sustainable global economy that benefits all people, communities and markets, both today and in the future, based on the following principles.

  1. Businesses should support and respect the protection of interna­tionally proclaimed human rights; and
  2. make sure that they are not complicit in human rights abuses.
  3. Businesses should uphold the freedom of asso­ciation and the effective recognition of the right to collective bargaining;
  4. the elimination of all forms of forced and compulsory labour;
  5. the effective abolition of child labour; and
  6. the elimination of discrimination in respect of employment and occupation.
  7. Businesses should support a precautionary approach to environ­mental challenges;

Mike Peter Schweitzer
Head of Communications and Press Officer
Ursula-Brita Krück
Deputy Press Officer
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