Latest news with #UNGlobalCompact
The National
28-07-2025
- Business
- The National
Scottish company named one of the world's 500 most sustainable by Time
Barratt Redrow, which owns housebuilder Barratt and David Wilson Homes Scotland, was featured on TIME magazine's 500 Most Sustainable Companies for 2025. The firm was recognised for its responsible developments, such as those at St Andrews, Cornhill Village in Hamilton and Huntingtower in Perth. It was also commended for its industry-leading commitment to preserving and enhancing the natural environment. The firm was named among the 500 most sustainable companies in the world (Image: Getty Images) Scottish firm named one of the world's most sustainable companies Before its merger with Redrow to form Barratt Redrow, Barratt Developments was the first major housebuilder to set science-based emission reduction targets and is a signatory of the UN Global Compact. Alison Condie, regional managing director at Barratt and David Wilson Homes Scotland, said the firm is "immensely proud" of its legacy of building not only "high-quality" homes, but also a "more sustainable" future. She added that "this achievement reflects the dedication of our teams to reducing our impact, innovating and creating communities that last.' Only 32 UK-based companies received the recognition (Image: Getty Images) David Thomas, CEO of Barratt Redrow, said: 'We are incredibly proud to be recognised by TIME magazine as one of the world's most sustainable companies." He added that "sustainability is at the heart of everything we do" and that "being included on this global list is both an honour and a powerful motivation to keep pushing the boundaries of what responsible homebuilding can achieve.' Recommended Reading: Only 32 UK-based companies received the recognition in 2025, with all of these setting the benchmark on sustainability performance, transparency and innovation. This TIME ranking was pulled together in partnership with Statista, which used a "transparent, multi-stage methodology to identify the world's most sustainable companies." This process began with a pool of some 5000 firms around the globe, which was whittled down to just 500.
Entrepreneur
20-07-2025
- Business
- Entrepreneur
How Entrepreneurs are Reimagining India's Economy
Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. According to Webster's Dictionary, an entrepreneur "is a person who orga nizes and manages any enterprise, especially a business enterprise, usu ally at considerable risk and initiative". As a management consultant I have guided many business leaders with the disci plines of systems think ing and systems acting to navigate through VUCA (volatility, uncer tainty, complexity, and ambiguity), and ways to create innovations in their enterprises. Twenty years ago, my interest shifted from the world of business entrepreneurs to the broader world of social entrepreneurs. I participated in a meeting on "Business as an Agent of World Benefit", between the UN Global Compact, of whom I was a senior adviser, and the Academy of Management in Cleveland in 2006. The UN Global Compact is an international organiza tion of business corpora tions that have volun teered to conduct their businesses in a way that will improve society and save the environment. The Academy of Man agement is the largest organization of business management teachers in the world. Over three days, thousands of persons from around the world participated in the meeting online and in person. A survey of 2,100 students in 87 business schools found that 87 per cent believed that cor porations should work towards societal goals, but only 18 per cent believed they were. Two statements by students were compelling. One was: 'The key business role should be to develop society, not profits'. The other: 'Profitability is easy: changing the world is hard'. Business entrepre neurs and social entre preneurs live in very different worlds. The measure of the success of a business entrepreneur is how wealthy, and how quickly, he or she becomes. The value of an enterprise to the country cannot be measured by the value it creates in stock markets. The measure of success of a social entrepre neur is how many poor people's dignities and lives are improved by the enterprise, sustainably. The caring of business entrepreneurs for society cannot be measured by how much of their wealth they give in philanthropy, which is usually a tiny fraction, or by a corporation's expenditure on CSR, the norm for which is only 2 per cent of profits. Their contributions to the improvement of the condition of their societ ies must be measured by how they produced their wealth and profits. What impacts do their products and services have on the lives of the poorest people? How many people were engaged in the produc tion and delivery of the products and service? Were they paid well, and provided with adequate social security? How was the environment destroyed in the process of extracting value for their business? Indian entrepreneurs must reimagine their contribution to India through the lens Ma hatma Gandhi provided. He gave a talisman to en trepreneurs and leaders, in business and govern ment: Anantodya. When ever you take a decision, think of how it will improve the life of the poorest person in your community. Or, as Lord Krishna said to Arjuna in the Gita. You have a right only to the work, not the fruits thereof. The fruits of your work must be the improvement of the lives of the poorer people of India, not the increase of your wealth and fame.
Yahoo
16-07-2025
- Business
- Yahoo
Cosmo Accelerates Global ESG Leadership with Major Ratings Upgrades, UN Compact Commitment, and Climate Action Pledge
Dublin, Ireland--(Newsfile Corp. - July 16, 2025) - Cosmo Pharmaceuticals N.V. (SIX: COPN), a global leader in AI-powered healthcare and specialty pharma, today announced a major leap forward in its sustainability journey, underscoring its ambition to lead the next decade of healthcare innovation with purpose, transparency, and impact. In the past year, Cosmo has taken bold steps to embed ESG into the core of its business. This has been delivering measurable results that now place the Company among the top sustainability performers in its industry: MSCI ESG Rating Upgraded to 'A' – Cosmo has advanced from 'BBB' to 'A', placing it ahead of many mid-cap peers globally. The upgrade recognizes Cosmo's tangible progress on carbon emissions, workforce engagement, and board-level governance. LSEG ESG Score Doubled – Now Ranked #42 Globally in the peer group. With its score rising from 31.31 to 62.98, Cosmo has broken into the top 100 for the first time, signalling growing investor confidence and ESG credibility. Signatory to the United Nations Global Compact – Cosmo has joined the world's largest corporate sustainability initiative, aligning its strategy with the UN's Ten Principles on human rights, labour, environment, and anti-corruption. Formal Commitment to the Science Based Targets initiative (SBTi) – In a decisive move toward climate accountability, Cosmo has pledged to set science-based emissions reduction targets in line with the Paris Agreement. Giovanni Di Napoli, Chief Executive Officer of Cosmo, commented: 'Cosmo is evolving into a new kind of healthcare company, where scientific innovation, operational excellence, and environmental stewardship are inseparable. These milestones are not checkboxes; they are foundational to our long-range ambition. ESG is not a side initiative – it is core to building a high-performance, future-ready business. We're proud of the progress, and even more determined to lead with discipline, transparency, and speed.' Niall Donnelly, EVP Corporate Governance and Chief Sustainability Officer, added: 'These upgrades reflect years of internal work to make ESG part of how we think, decide, and operate. The journey doesn't end here. Our SBTi commitment and UN Compact engagement show we are not just signalling intent. We are taking action that is measurable, science-aligned, and investor-relevant.' These achievements build on Cosmo's Vision 2030 strategy, which places ESG at the intersection of innovation and execution. As sustainability becomes a defining metric for healthcare investors, Cosmo is positioned to capture growing capital inflows from Article 8 and Article 9 SFDR-aligned funds and other ESG-driven portfolios. The Company's latest ESG Report, performance metrics, and future goals can be accessed at: About Cosmo Cosmo is a life sciences company focused on MedTech AI, dermatology, gastrointestinal diseases, and contract development and manufacturing (CDMO). We design, develop, and manufacture advanced solutions that address critical medical needs and raise the standard of care. Our technologies are trusted by leading global pharmaceutical and MedTech companies and reach patients and healthcare providers around the world. Guided by our purpose - Building Health Confidence - our mission is to empower patients, healthcare professionals, and partners by innovating at the intersection of science and technology. Founded in 1997, Cosmo is headquartered in Dublin, Ireland, with offices in San Diego (USA), and in Lainate, Rome, and Catania (Italy). For more information, visit Financial calendar Half-Year 2025 Results and Report H.C. Wainwright 27th Annual Global Investment Conference, New York City, USA Jefferies Global Healthcare Conference, London, United Kingdom ODDO BHF Forum, Lyon, France July 23, 2025 September 8-10, 2025 November 17-20, 2025 January 8-9, 2026 For further information, please contact: Attachments PDF - English To view the source version of this press release, please visit
Al Etihad
07-07-2025
- Business
- Al Etihad
Tadweer Group joins United Nations Global Compact
7 July 2025 15:37 ABU DHABI (ALETIHAD)Tadweer Group, the sole authority for waste management in the Emirate of Abu Dhabi and a subsidiary of Abu Dhabi Developmental Holding Company (ADQ), today announced that it has officially joined the United Nations Global Compact (UNGC).The milestone reinforces Tadweer Group's commitment to unlocking the value of waste through innovative circular economy solutions, while aligning with the UAE's Net-Zero 2050 Strategic Initiative and the national Green Agenda in 2000, the UN Global Compact is the world's largest voluntary corporate sustainability initiative, uniting more than 20,000 companies across over 160 countries and supported by 60 local joining, Tadweer Group has committed to implementing the UNGC's Ten Principles - particularly those focused on environmental stewardship - and to reporting annually on its progress, thuspromoting transparency and Al Dhaheri, Managing Director and CEO, Tadweer Group, commented, 'Joining the UN Global Compact is a natural extension of our mission to lead sustainable waste transformation at scale. We see waste not as an endpoint, but as a beginning, a resource with untapped potential to drive clean energy, support green industry, and create shared value. Our participation affirms that Tadweer Group's growth will always be aligned with the highest global standards of environmental and social responsibility.' Tadweer Group's UNGC membership aligns with its ongoing international engagement as the organisation expands its role in unlocking the value of waste. Its major projects include one of the region's most advanced Waste-to-Energy (WTE) facilities, expected to generate power for over 250,000 homes annually, and Abu Dhabi's largest Material Recovery Facility (MRF), which supports increased recycling and landfill Group is also advancing waste-to-resource innovation, through initiatives such as methane-to-graphene conversion and the development of sustainable aviation fuel (SAF), contributing to broader decarbonisation and clean energy move comes as the UAE increases its global climate engagement, with COP30 offering critical platforms for dialogue and action. As a UNGC participant, Tadweer Group is now better positioned to represent the UAE's circular economy model on the world stage, and to forge strategic partnerships that scale impact across this step, Tadweer Group deepens its contribution to the national sustainability agenda, while embracing its role in shaping the next era of climate-forward, resource-efficient growth. Tadweer Group is contributing to the development of a waste management model informed by defined values, measurable action, and international collaboration, designed to support both local priorities and broader global sustainability efforts. Source: Aletihad - Abu Dhabi
The Wire
04-07-2025
- Business
- The Wire
Yingfa Ruineng Joins UN Global Compact, Aiming to Lead Photovoltaic Sector Through Sustainability
YIBIN, China, July 4, 2025 /PRNewswire/ -- Sichuan Yingfa Ruineng Technology Co., Ltd. ("Yingfa Ruineng") has recently announced its formal accession to the United Nations Global Compact (UNGC). This move underscores Yingfa Ruineng's firm commitment to sustainability, integrating it into the company's business strategy and driving innovation to accelerate the photovoltaic industry toward greater efficiency and lower carbon emissions. Fulfilling a Global Commitment and Advancing Sustainable Goals Established in 2000 by former UN Secretary-General Kofi Annan, the UN Global Compact is the world's most influential platform for corporate sustainability. It calls on businesses to align operations with ten principles covering human rights, labor standards, environmental protection, and anti-corruption, while supporting the broader UN Sustainable Development Goals (SDGs) set for 2030. Today, the initiative includes tens of thousands of companies and organizations across more than 160 countries. By joining the UNGC and pledging support for its principles, Yingfa Ruineng has demonstrated its strong commitment to making Environmental, Social, and Governance (ESG) values a core strategic priority. Looking ahead, the company plans to deepen its ESG efforts across all operational areas and contribute to the transition toward a more efficient and low-carbon PV supply chain. Driving Clean Energy Adoption Through Technology As a key player in China's photovoltaic industry chain, Yingfa Ruineng focuses on the R&D and mass production of high-efficiency solar cells. These solutions serve a broad range of applications, including utility-scale solar farms, and commercial, industrial and residential distributed PV systems. Drawing on leading-edge technologies such as PERC, TOPCon, and back-contact (BC) cell technology, alongside Czochralski monocrystalline silicon ingot technology, the company continues to improve conversion efficiency and lower the levelized cost of electricity (LCOE). In response to global efforts around carbon neutrality, and in alignment with China's "dual carbon" targets, Yingfa Ruineng is continuously advancing technological innovation and smart manufacturing to reduce energy consumption and emissions throughout its production process. Through its partnership with the UNGC, the company will further accelerate the optimization of its sustainable supply chain management practices and deepen its exploration of renewable energy applications. Executive Perspective: Sustainability Sets the Course Forward "Joining the UNGC marks an important milestone in Yingfa Ruineng's path toward globalization," said Yingfa Ruineng President Zhang Min. "We recognize that long-term success lies not only in outstanding business performance, but also in the positive impact a company makes on the environment and society. Moving forward, we will continue to raise our internal standards and integrate sustainability into every facet of our operations." Outlook: Powering a Net-Zero Energy Future As the global energy landscape undergoes rapid transformation, Yingfa Ruineng sees its participation in the UNGC as a new starting point. The company will further enhance its technological capabilities and ESG performance while collaborating with international partners to help accelerate the shift toward a greener, low-carbon, and sustainable energy future—one that aims to share the benefits of clean energy development with all. Photo - Logo - (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.).
