The UN Global Compact challenges companies to conduct business responsibly by aligning their operations and strategies with the UN’s ten principles which pertain to human rights, labour, environmental practices and anti-corruption. With more than 14,000 companies in over 160 countries participating, the UN Global Compact holds members to the highest sustainability standards, Hexion said in a media statement.
Participation in the UN Global Compact requires signatories to report yearly on their commitment to the universal sustainability principles and development goals. Hexion’s annual sustainability report will outline the company’s ongoing efforts and progress.
“We are proud to join forces with the United Nations Global Compact in an effort to further accelerate our sustainability efforts. Many of Hexion’s sustainability goals have been developed to strategically align with the UN SDGs. With this membership, we plan to continue implementing practices that align with these objectives for the betterment of our communities and the environment,” Craig Rogerson, chairman, president and chief executive officer of the company said.
Fibre2Fashion News Desk (GK)