More SA companies commit to UN Global Compact

Author: Natalie Greve, Engineering News [So. Africa], Published on: 30 January 2013

Twelve South African companies had voluntarily committed to the United Nations Global Compact (UNGC), in the 2013 financial year to date, the National Business Initiative (NBI) said…The twelve signatories were Transnet, Allegiance Air, Oceana Group, Millennium Management, South African Express, South African Airways, Initio Earth Sciences, MTN Group, Investec Group, Netcare, the South African Post Office and Inala Technologies. The UNGC was a strategic policy initiative for businesses committed to aligning their strategies and operations with ten universally accepted principles in the areas of human rights, labour, environmental protection and anticorruption…NBI CEO Joanne Yawitch said…“The UNGC framework offers coherence in understanding the social, economic and environmental impacts of business. The adoption of these principles in our legislation…is further proof of the need to work towards more sustainable outcomes in South Africa.”

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Related companies: Investec MTN South African Airways