Leonardo e Pirelli they become part of UN Global Compact Lead, a group of 40 companies from all over the world which are recognized as having a leading role in terms of sustainability. The announcement came during the “Uniting Business Live” event, organized as part of the 75th United Nations General Assembly.
The United Nations Global Compact is the largest corporate sustainability initiative in the world: to qualify as a Lead, a company must take part in at least two Global Compact “Action Platforms” that bring together businesses, local networks, academia, civil society and governments to solve complex sustainability issues and bring innovation to global goals.
“Being Global Compact Lead increases our sense of responsibility towards people and the planet – he said Alessandro Profumo, CEO of Leonardo – By participating in the Global Compact and in the collaboration platforms, we are part of a global movement which, on the basis of different experiences, but also of shared principles, is committed to innovating business models, also through new approaches to governance and finance, to build a more equitable, inclusive and sustainable world".
Furthermore, again within the context of the United Nations Global Compact, it was established a taskforce of CFOs, who presented "the integrated principles" for finance and investments linked to the UN's sustainable development goals (SDGs). These are commitments relating to human rights, labour, the environment and the fight against corruption.
Among the founders of the taskforce are Pirelli e Snam. The objective of the initiative is to involve the global community of financial managers and ensure that the entire value chain linked to investments and capital flows creates a large, liquid and efficient market for achieving the SDGs.
Members of the CFO taskforce have singled out four key areas for SDG investment that need improvement: impact and measurement, integrated strategies and investments, integrated corporate finance and integrated communication and reporting.
"Integrating the Sustainable Development Goals into the approach of policies related to Corporate Finance and Investment is essential in order to be able to accelerate the achievement of the SDGs with incisive actions", he explains Francesco Tanzi, Chief Financial Officer of Pirelli.
Secondo Alessandra Pasini, CFO of Snam, "the climate challenge we are facing and the need to make progress also in the social and governance spheres require an effort by all companies".
