JSW Steel Joins United Nations Global Compact Initiative.

• JSW Steel has joined the United Nations Global Impact (UNGC) initiative.
• The UNGC encourages companies to conduct business responsibly by aligning their operations and strategies with the UN’s 10 principles.
• JSW Foundation, the social arm of the JSW Group, is a member of UNGC and part of the India local network of UNGC.

Key Points:

• A majority of JSW’s strategic focus areas and organizational goals have been formulated to align with the UN SDGs.
• The formal membership with JSW and UNGC will continue executing operations and practices sustainably.
• The initiative also commits companies to take actions to advance broader social benefits through the UN Sustainable Development Goals (SDGs).
• The UNGC holds members from over 160 countries of more than 20,000 companies and over 69 local networks.

What are United Nations Global Compact (UNGC)?

• The United Nations Global Compact is a non-binding United Nations pact to encourage businesses and firms worldwide to adopt sustainable and socially responsible policies and to report on their implementation.
• The UN Global Compact is a principle-based framework for business, starting with ten principles in the areas of human rights, labor, environment, and anti-corruption.