The UN Global Compact is a call to companies to align their operations and strategies with ten universal principles in the areas of human rights, labour, environment and anti-corruption. Launched in 2000, it is the largest corporate responsibility initiative in the world – with over 8,700 signatories based in more than 130 countries.
Businesses make a vital contribution to society and development: creating employment and income, providing technical skills, strengthening management and bringing market-based solutions to pressing social and environmental problems. The United Nations Global Compact is rooted in the belief that responsible business practices and cross-sector partnerships are critical to strengthening the global economy and ensuring environmental and social well-being.
While not being a legal commitment, the UN Global Compact invites companies to make its principles an integral part of their business strategy, day-to-day operations and organisational culture and requires each participant to communicate annually on their corporate responsibility.
SWIFT signed to the United Nations Global Compact Programme in October 2012. With this commitment, we have joined a fast growing network of businesses and other stakeholders from around the world seeking to contribute to a more inclusive and stable global market.
Read the SWIFT Communication on Progress on the Global Compact website