2022 Jan 06th, Hangzhou, China. Zhejiang Geely Holding Group (Geely Holding) has joined the United Nations Global Compact (UNGC) as a participant on January 6, 2022. As a signatory and participant in the UNGC initiative, Geely Holding has committed itself to upholding the ten principles of the Compact covering human rights, labor, the environment, and anti-corruption as well as contributing to the 17 UN Sustainable Development Goals in its strategies and operations.
The UNGC was established in 2000, affiliated with the United Nations Secretariat and is the world’s largest corporate sustainability initiative, uniting businesses in over 160 countries to support Ten Principles in areas of human rights, labor, the environment, and anti-corruption. It has over 12,000 corporate members, and 3,000 non-business signatories based in over 160 countries
As a responsible global corporate citizen, Geely Holding not only cares about its own sustainable development, but also cares about contributing to the global sustainable development by implementing critical Environmental, Social, and Governance (ESG) framework across its strategies and operations. Geely Holding is committed to being a leading example of sound ESG practice within the automotive industry and has established a board level ESG committee to coordinate the promotion of ESG and sustainable development.
Guided by the Ten Principles and the UN Sustainable Development Goals, Geely will systematically take several actions including integrating ESG in its strategic planning, promoting sound ESG practices throughout its operations, actively monitor implementation of ESG practices, and support green financing. Through the UNGC platform, Geely Holding will participate in industry exchanges, cooperate with global partners, and promote global long-term sustainable development.