With this announcement, Sharp is proud to join hundreds of other companies globally in the pharmaceutical sector who have committed to taking responsible business action to help create a better world for everyone.
Speaking about the announcement, Kevin Orfan, Sharp’s President and CEO, said: “Sharp’s membership of the UN Global Compact is clear evidence of our commitment to responsible corporate governance and demonstrates our intention to put our stakeholders’ interests’ at the heart of our decision making.”
The UN Global Compact is a call to companies to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and to act in support of Sustainable Development Goals.
Sharp will focus initially on actions that align with stakeholder priorities, as identified through a double materiality process conducted earlier this year.
Those areas include sustainable procurement, environmental sustainability, labour and human rights and anti-corruption, providing a natural alignment with the 10 Principles of the UN Global Compact.
“This is a further milestone in our development as a sustainable organisation,” commented Hywel Woolf, Global Sustainability Manager at Sharp.
“The UN Global Compact is a global framework for action that brings structure and transparency to sustainability, that will help us to progress and report on our environmental, social and governance ambitions."
"The requirement to Communicate on Progress provides Sharp with the framework to align our own ESG strategy whilst continuing our transparent progression as a sustainable organisation.”
Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world, with more than 20,000 companies based in more than 160 countries, and more than 60 Global Compact Networks.
As a member of the UN Global Compact, Sharp has committed to providing regular updates on its progress through the publication of a Communication of Progress (COP) report, which will be published annually.