Finance

The Axian Group officially joins the UN Global Compact Sustainable Development Initiative

The Axian Group officially joins the UN Global Compact Sustainable Development Initiative
Wednesday, 16 September 2020 10:22

The Axian Group joins over 600 companies and stakeholders on the African continent that are currently signatories of the United Nations ́ Global Compact. This action further iterates our commitment to proactively expand and improve our impact on the communities we serve, especially regarding human rights, workers ́ rights, the environment and the fight against corruption.

THE UN GLOBAL COMPACT INITIATIVE, A GLOBAL PROGRAM TO PROMOTE SUSTAINABLE DEVELOPMENT.

The UN Global Compact Initiative is the largest sustainable-development program ever implemented, with members currently numbering over 9,500 private-sector companies and more than 3,000 non- profits. The Global compact is a catalyst for future-proofing and far-reaching innovation; it allows companies to act collectively and individually in furtherance of the UN’s Sustainable Development Goals. Members do so by basing their strategies and innovation on 10 key principles that address human rights, workers’ rights, the environment and the fight against corruption. To end extreme poverty, combat inequality and fight against climate change, the private-sector must do business ethically and turn their business models into vehicles for positive impact on the communities they serve.

AXIAN REACHES AN IMPORTANT MILESTONE AND STRENGTHENS ITS COMMITMENT TO POSITIVE IMPACT.

The Axian Group has reached an important milestone as a catalyst for positive impact across the Indian Ocean and Africa. Joining the UN Global Compact reaffirms Axian ́ s commitment to integrating the Sustainable-Development Goals into its strategy, its culture and its operations, and to advocating for the broader adoption of these goals in society at large. Axian has thus taken up the challenge of promoting fairer, more inclusive economic development.

THE AXIAN IMPACT MANAGEMENT TEAM, CREATED TO HOLD US TO OUR COMMITMENTS.

Creating a legacy of positive impact and contributions is a core part of Axian’s broader commitment to society. Axian pushes for social change by changing economies through new products and services, that make markets more inclusive and more impactful. By making financial services; clean and affordable energy and telecom products more accessible, Axian promots digital, energy and financial inclusion in every country that we operate in. As part of our company’s mission, as of 2019, Axian has assembled a novel Impact Management Team dedicated to measuring, evaluating and bettering the positive impact of every subsidiary—thanks in part to a groundbreaking Impact Scoring method Axian created to quantify its effectiveness. The Axian Foundation’s launch to oversee the group’s philanthropy further reiterates our commitment to positive impact.

About Axian

Founded over 150 years ago in Madagascar, the Axian group is a diversified entity operating in 5 key sectors with high growth potential; namely Real Estate, Energy, Telecoms, Financial Services and Innovation. With over 5,000 employees across the Indian Ocean and Africa, we are a proactive enabler and partner in the economic transformation of emerging countries. We constantly ensure that our operations have a positive and sustainable impact on the daily lives of as many people as possible.

About the UN Global Compact

The UN Global Compact initiative is a sustainable-development movement created to align companies with universally-held principles on human rights, workers’ rights, the environment and the fight against corruption. The Global Compact helps companies implement actions in line with UN issues and objectives as outlined in the Sustainable Development Goals.

27757 le groupe axian rejoint linitiative de develop   27757 le groupe axian rejoint linitiative

On the same topic
BRVM-listed lender launches CFA1.5 billion capital increase Move aims to meet regulatory requirements and strengthen balance sheet Operation...
Ecobank posts $801 million in pre-tax profit for 2025, up 21% Cost discipline improves, with efficiency ratio falling below...
Gabon’s insurance market revenue fell 5.8% in Q4 2025 after strong growth in previous quarters. Life insurance revenue dropped 67%, driven...
Plan includes recovery commission, audits and possible asset seizures Move aims to strengthen governance and support industrial...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
03

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
04

Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...

Francophone Africa: A Rising Economic Giant With Weak Internal Trade
05

Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...

Over 260 Namibian SME Owners Trained as Sector Faces Mounting Losses
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.