UN Global Compact
Nedbank is committed to respecting human rights in all its business activities through compliance with South Africa’s highly regarded and comprehensive bill of rights in the Constitution and in labour legislation. Nedbank Group gives the necessary consideration to the impact of human rights in its corporate citizenship policy and also participates in a UNEP FI working group investigating the importance of human rights for the financial sector specifically.
The UN Global Compact seeks to promote responsible corporate citizenship so that business can form part of the solution to the challenges of globalisation. Nedbank Group supports the 10 principles of the UN Global Compact in respect of human rights, labour rights, environmental protection and anticorruption and is proud to be a signatory to the Global Compact. The group intends supporting and advancing those principles within its sphere of influence and is committed to making the Global Compact and its principles part of the group’s strategy, culture and day-today operations.
The UN Global Compact is a purely voluntary initiative with two objectives, namely:- to mainstream the 10 principles in business activities around the world; and
- to catalyse actions in support of UN goals.
The group participates in the South African Global Compact Learning Forum. Nedbank is also working with the South African Human Rights Commission and the African Institute of Corporate Citizenship in the development of a human rights compliance assessment tool for South Africa.
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| This page was updated on 28 April, 2008 |  Return to top |
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