Sweden’s Höganäs AB has reported that it has joined the UN Global Compact, the world’s largest corporate sustainability initiative. Based on a set of ten principles, participants pledge to adjust their business so that they, in a sustainable way, contribute to the development of societies and economies.
“Sustainability is a strategic priority for Höganäs and by joining the Global Compact we demonstrate our clear commitment,” says Nicklas Lång, Vice President and head of Höganäs’ Sustainability department.
Corporate sustainability starts with a company’s value system and a principled approach to doing business. Participating companies operate in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption.
“The UN Global compact does a good and important job and by us joining, we support their continuous work. At the same time, we get access to networks and tools that are of use on our own journey ahead,” added Lång.