05/12/2022

KREAN reaffirms its support and adherence to the United Nations Global Compact

The United Nations Global Compact is the largest corporate global commitment to sustainability. By adhering to it, companies and corporations commit to align their strategies and operations with the universal principles of human rights, labour rights, respect for the environment, anti-corruption, as well as taking action to achieve Sustainable Development Goals (SDGs).

The United Nations Global Compact aims to generate a movement of companies and stakeholders in global business to create a more sustainable world. To this end, the UN Global Compact supports companies to conduct their business in a responsible manner by aligning their strategies and operations with diez principios in the areas of human rights, labour rights, the environment and the fight against corruption. It also supports the implementation of strategic actions to make progress with the general objectives of the company , such as the the Sustainable Development Goals of the UN, with an emphasis on collaboration and innovation.

KREAN joined the United Nations Global Compact in 2011 with the aim of supporting the ten fundamental principles proposed by the United Nations regarding human rights, labour rights, respect for the environment and anti-corruption in KREAN's sphere of influence and work. Adherence stems from the commitment to make the Global Compact and its principles part of KREAN's culture, strategy and daily activities.

Since 2011, KREAN has worked on the direction of its business strategies and company culture, within the Mondragon Corporation, in the context of the United Nations Global Compact, publicly reporting annually on its progress in the implementation and endorsement of its principles and annually renewing its adherence and support for the Global Compact.

KREAN has recently published its 2021 report, relating to the 2021 - 2024 strategic period, cementing its adherence and alignment with the United Nations Sustainable Development Goals (SDGs). KREAN is committed to continue to prioritise the impact of its services and business on five goals: Goal 7: Affordable and clean energy; Goal 8. Decent work and economic growth; Goal 9. Industry, innovation and infrastructure; Goal 11. Sustainable cities and communities and Goal 13. Climate action. The published report describes the main actions and projects undertaken, as well as the impact generated on these SDGs and the corresponding monitoring indicators.

At the same time, KREAN is committed to continue making an impact through the deployment of its corporate policy on two other Sustainable Development Goals, including Goal 3. Health and well-being and Goal 5. Gender equality. The published report describes the main actions taken and business policies implemented to contribute to these two SDGs.

The United Nations Global Compact Report is available through the following link: KREAN S. COOP. – Communication on Progress | UN Global Compact

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