We are, We do

Taking Fincons’ sustainability initiatives to the next level: the UN Global Compact Network

Taking Fincons’ sustainability initiatives to the next level: the UN Global Compact Network

1 March 2023
read time

From climate change to equality, the world is still not on track. There is a growing need to transition to more sustainable business models and mounting expectations from customers, employees and investors is putting pressure on companies to act. Businesses are expected to play a critical role in creating a more sustainable and equitable world.

In Fincons, environmental, social and economic sustainability has always been at the heart of business strategy and company mission over the years, with many initiatives and certifications undertaken for environment protection, social causes, occupational health and safety, sport and education. This commitment is growing even further. Fincons is grounding its CSR commitment even more solidly, by setting up a committee in charge of defining a new and improved sustainable development strategy with initiatives that involve the whole Group, working towards new projects.

In this context, the Group recently joined the UN Global Compact Network, the world’s largest corporate sustainability initiative that seeks to mobilise and motivate businesses to align strategies and operations with universal principles in four main areas of interest: human rights, labour, environment and anti-corruption.

With more than 14,000 companies in over 160 countries, the UN Global Compact aims to help companies understand what responsible business means within different national, cultural and language contexts and facilitate outreach, learning, policy dialogue, collective action and partnerships. The ambition is to accelerate and scale the global collective impact of business by upholding the Ten Principles of the UN Global Compact through accountable companies and ecosystems that enable change.

The Ten Principles are as follows:


  • Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
  • Principle 2: make sure that they are not complicit in human rights abuses


  • Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  • Principle 4: the elimination of all forms of forced and compulsory labour;
  • Principle 5: the effective abolition of child labour; and
  • Principle 6: the elimination of discrimination in respect of employment and occupation.


  • Principle 7: Businesses should support a precautionary approach to environmental challenges;
  • Principle 8: undertake initiatives to promote greater environmental responsibility; and
  • Principle 9: encourage the development and diffusion of environmentally friendly technologies.


  • Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

Being part of a global network of companies that share hopes and goals for the future is essential to deliver measurable impact to the world’s most pressing challenges.