Segezha Group joins UN Global Compact, building on its commitment to ESG
News General news
Segezha Group (the “Company” or the “Group”), a subsidiary of Sistema PJSFC and a leading Russian vertically integrated holding company in the forest industry performing a full cycle of operations from logging to advanced wood processing, announces it has joined the United Nations Global Compact (“UN Global Compact” or “Compact”), the world’s largest corporate sustainability initiative.
Launched in 2000 as a special initiative of the UN Secretary-General, the UN Global Compact provides a framework for developing more sustainable and responsible businesses. The Compact brings together over 10,000 companies and 3,000 non-business signatories from more than 160 countries, as well as more than 60 local networks. It is a call to companies everywhere to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption.
With this commitment, Segezha Group is demonstrating its long-term support of the Sustainable Development Goals as outlined in the UN Global Compact’s ten principles.
“Segezha Group is fully aligned with the UN Global Compact’s Ten Principles, not only in word but in deed; these principles are integrated into the Group’s policies, strategic initiatives and day-to-day work. Joining the Global Compact is not simply a chance to share our positive experience internationally, but to learn first-hand from our peers about best international practices in sustainability,” said Managing Director for Government Relations and Forestry Policy Nikolay Ivanov.