NPC Ukrenergo has officially become a signatory of the UN Global Compact in Ukraine. Joining the initiative means recognizing and confirming the Company’s adherence to the Ten Principles of the UN Global Compact, which relate to human rights, labour, care for the environment, anti-corruption, etc. Encompassing over 11,000 companies, many of them from the energy sector, and 3,000 signatories being non-profit organizations from over 160 countries and more than 60 local networks, this is the world’s largest corporate sustainability initiative.
“Corporate social responsibility and sustainability promotion is a crucial component of NPC Ukrenergo’s Strategy from now on confirmed at the international level. Being a member of the UN Global Compact is a great honour and responsibility for us because we have joined the world’s network of sustainable development. Among its members are our colleagues from 50Hertz Transmission GmbH, Energinet, Red Electrica de Espana SAU, Fingrid Oyj, Réseau de Transport d’Electricité, Canacol Energy Ltd, POSCO Energy, the energy sector of Siemens, etc. Becoming a member opens for every employee and the Company as a whole the opportunity to access a wealth of new useful information, knowledge, cases, tools and advice, which we will definitely use as a socially responsible company,” commented Volodymyr Kudrytskyi, CEO of Ukrenergo.
Joining the Global Compact Network in Ukraine, NPC Ukrenergo receives the opportunity to access a voluminous base of targeted knowledge on human rights, labour, environment, anti-corruption, development of communities, supply chain management, and many more. The company’s employees will be able to use a global library and online academy, and other resources and digital platforms of the UN Global Compact network.
Besides, Ukrenergo will be able to seek advice on the preparation of sustainability reports, use tools to assess gender equality, perform a comprehensive assessment of companies for compliance with Sustainable Development Goals and identify the opportunities to implement the Sustainable Development Goals in various areas of its operation.
Ukrenergo’s accession to the UN Global Compact in Ukraine was preceded by a number of events, including obtaining a Responsible Business Certificate from the Global Compact recognizing the Company’s high level of corporate social responsibility and commitment to Global Sustainable Development Goals. In summer 2020, Ukrenergo participated in establishing the first Voluntary National Review of Progress towards the UN Sustainable Development Goals. Ukraine presented the Review to the international community for the first time. The document presents the cases of Ukrainian companies that committed to the SDGs and made these goals a part of their business strategies. NPC Ukrenergo presented its project on recycling and reuse of industrial waste in the framework of the twelfth Global Sustainable Development Goal — the responsible consumption.
From now on, Ukrenergo, having joined the Global Compact Network in Ukraine, has the opportunity to regularly include its positive performance indicators to the general indicators of Ukraine, which the state reports to the UN every 5 years.
Furthermore, in August Ukrenergo participated in the Global Forum of Impact dedicated to the companies’ adherence to the sustainable development goals under conditions of a pandemic. The Company’s representatives presented the practices of how to organize the work in quarantine, which inspired great interest. In our plans is the participation in the Anti-Corruption Collective Action Workshop at the Kick-Off Workshop dedicated to practices and experience exchange in implementing the anti-corruption culture in companies.
About the UN Global Compact
The Global Compact Network in Ukraine is the official representative of the UN Global Compact. As a special initiative of the UN Secretary-General, the United Nations Global Compact is a call for companies to align their strategies and operations with ten universal principles on human rights, labour, environment, and anti-corruption. Established in 2000, the mandate of the UN Global Compact is aimed to guide and support the global business community in promoting UN goals and values through responsible corporate practices. Companies operating in accordance with the principles of sustainable development can join the network. Encompassing over 11,000 companies and 3,000 signatories being non-profit organizations from over 160 countries and more than 60 local networks, this is the world’s largest corporate sustainability initiative.
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