Finance

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

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

(AXIAN ) - 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.

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