Rheinmetall is joining the United Nations Global Compact (UNGC). In becoming a signatory, the company pledges to uphold the 10 principles of the UNGC regarding sustainable and responsible business management and development.
Even before joining the UNGC, Rheinmetall oriented its sustainability strategy to the Sustainable Development Goals (SDG) of the UN. For example, the Group aims to be CO2-neutral by 2035. In this context, reduced consumption of energy and water is crucial.
The UNGC is the world’s biggest sustainability initiative. Enacted by the UN in 2000, it currently numbers 12,765 companies from 160 countries. All of the signatories are committed to running their businesses in accordance with ten universally acknowledged principles relating to human rights, labour standards, environmental protection and combatting corruption. Furthermore, the signatories are obliged to report annually on their progress regarding implementation. Based on the 10 principles and the 17 SDGs, the UN – acting in cooperation with signatories to the UNGC – is working to achieve an inclusive and sustainable global economy that benefits all peoples, communities and markets.
Jack Richardson
