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WSBI-ESBG Communication on Engagement to United Nations Global Compact

WSBI-ESBG Communication on Engagement to United Nations Global Compact

​​​​​BRUSSELS, 15 October ​2019​ –​ ​WSBI-ESBG issued today ​its third Communication on Engagement to the United Nations Global Compact. WSBI-ESBG has once more expressed its support to the United Nations Global Compact's corporate sustainability and value system based on a principled approach to doing business in respect of the four main headings of Human Rights, Labour, Environment and Anti- corruption, by issuing its Communication on Engagement covering the period between October 2017 and October 201​​9. Given the nature and scope of its activities, WSBI-ESBG focuses on the Global Compact principles, according to WSBI-ESBG principles of responsible finance, which guides WSBI-ESBG contribution to the Sustainable Development Goals. ​​

​​​​​​“It is my pleasure to herewith state once more that WSBI-ESBG and its members continue to fully support the Global Compact and its 10 principles. With the present communication, we express our continuous commitment to advance the 10 principles within our sphere of influence by, in the first place, making this clear statement on engagement to the Global Compact, stakeholders and the public at large. Moreover, in this Communication on Engagement, we attempt to provide an overview of the actions that our organization has taken to support the UN Global Compact and its Principles as suggested, for an organization like ours. We also commit to sharing this information with our stakeholders using our primary channels of communication.  By promoting the 10 Principles of the UN Global Compact, WSBI-ESBG members already deliver a powerful contribution to meeting the 17 Sustainable Development Goals and their 169 targets, adopted along the 2030 Agenda for Sustainable Development, by the UN General Assembly in 2015.  Aligning our objectives with those of the Global Compact and the Sustainable Development Goals is the only way to address pressing global challenges and contribute to fairer and more inclusive societies."​ ​says WSBI-ESBG Managing Director, Chris De Noose.

The Communications features a description of actions from 2017 to 2019 relating to learning and dialogue events, workshops and training for WSBI-ESBG members on specific topics relevant to corporate sustainability. These actions also address the topics of financial inclusion, financial education and the environmental impact of WSBI-ESBG members, where savings and retail banks members of WSBI-ESBG can greatly make a difference and enhance their positive impact within the communities where they operate.​

>> Read the Communication on Engagement to United Nations Global Compact
>> See United Nations Global Compact Principles


Sustainable development; Financial education; Financial inclusion; Financial Literacy; Remittances; World Savings Day; Scale2Save; Rural Finance; Social dialogue; Social business; financial resilience