AmCham Azerbaijan becomes a UNGC signatory

American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) is pleased to announce that it has become a United Nations Global Compact (UNGC) signatory since March 1, 2021. 

UNGC is a bold initiative designed to redirect business values towards working for the greater good. Its purpose is to help businesses transform their strategy in order to accommodate for the rising need in the implementation of sustainability practices around the world. With more than 12,700 members based in 160 countries, UNGC promotes ten essential sustainability principles across four domains in order to cultivate a better a world:

  • Human Rights
  • Labor 
  • Environment 
  • Anti-Corruption

We commit ourselves to adhere to our recently adopted Sustainability Policy developed based on the UNGC principles and perceive this initiative as a step forward towards its implementation. 

While we are working on several initiatives to embrace our commitments, we as AmCham Azerbaijan are also ready to support our member companies and other local businesses in this journey towards adopting essential values of responsible governance and become a UNGC signatory. Either it is from the administrative or advisory point of view, we are determined to provide all necessary assistance to local sustainability pioneers to join the ranks of UNGC signatories.

We believe, this is a big leap towards strengthening the presence of sustainability practices in Azerbaijan and will significantly contribute to the long-term value creation across all business sectors of the country. 

Date
1 April 2021
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17 March 2015

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20 May 2015

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