Leonardo: confirmed in the UN Global Compact Lead for sustainability
50% of investments aligned with SDGs in 2021-2022
As part of the 76th General Assembly of the United Nations, during the Uniting Business Live (20-22 September) Leonardo, for the second consecutive year, was recognized as the UN Global Compact Lead. Leonardo, underlines a note, is the only one of the main global companies in the Aerospace and Defense sector to be included in the small group of companies, a total of 36, which this year records the presence of four Italian companies: in addition to Leonardo, Eni, Enel and Pirelli.
The ten principles of the Global compact
The recognition is awarded to companies that stand out for their commitment to promoting the Ten Principles of the Global Compact and contributing to the achievement of the Sustainable Development Goals (Sdg). In 2020, Leonardo directed approximately 50% of its investments to SDG objectives and, compared to an average annual investment of approximately € 600-700 million for 2021-2022, is committed to keeping 50% of these aligned with SDG, with impacts on the strengthening of innovation processes and the development of the supply chain, by adopting a quantitative reporting model capable of analyzing the effectiveness of sustainability interventions over time.
During 2021, the note continues, Leonardo was an active subject of the Global Compact by participating in the Action Platform “Peace, Justice and Strong Institutions” and in the working groups of the CFO Taskforce, contributing to the development of the SDG 16 Business Framework, a tool aimed at promoting structural change in companies by strengthening the culture of integrity and responsible business management. Leonardo is also among the signatories of the CFO Principles on integrated SDG investments and finance for the creation of a market for investments and finance to support SDGs. The confirmation as a Global Compact Lead is part of a sustainability path that sees Leonardo as an international leader, concludes the note.
Eni and sustainable finance platforms
Therefore, Eni also demonstrated its commitment to the United Nations Global Compact by participating in the Action Platforms on Sustainable Finance and Decent Work in the supply chain. Eni’s Communication on Progress (CoP) and other related information are available in its Participant profile on the United Nations Global Compact website. «Since joining the United Nations Global Compact in 2001 – the company says – Eni is proud to be part of a global movement of sustainable companies and stakeholders. By adopting a principles-based approach to sustainability, Eni assumes the shared responsibility of building a better world ».
Pirelli at the forefront of automobiles & parts
For its part, Pirelli, the only global company in the Automobiles & Parts sector, has been confirmed as the United Nations Global Compact LEAD. «For Pirelli, doing business means innovating, accelerating change for the benefit of the community and protecting the environment. The confirmation of Pirelli’s inclusion in the United Nations Global Compact LEAD is therefore a reason for pride and rewards our constant effort in pursuing challenging objectives through actions aimed at concrete results »comments Marco Tronchetti Provera, CEO and Executive Vice Chairman of Pirelli. “Today more than ever, the world needs companies of all sizes to continue working to improve their sustainability performance and take action to build a better world,” said Sanda Ojiambo, CEO and Executive Director of the United Nations Global Compact.