Deloitte is a multinational professional services firm that provides audit, consulting, financial advisory, risk advisory, tax, and related services to clients worldwide. As a leading player in the corporate world, Deloitte has signed several agreements related to corporate responsibility over the years. These agreements showcase Deloitte`s commitment to sustainability, social responsibility, and ethical business practices.
One of the major corporate responsibility agreements signed by Deloitte is the United Nations Global Compact (UNGC). The Global Compact is a voluntary initiative launched by the United Nations in 2000 to encourage businesses and organizations worldwide to adopt sustainable and socially responsible policies. The compact provides a framework for businesses to align their operations with universal principles related to human rights, labor, the environment, and anti-corruption.
Deloitte signed the UNGC in 2003, making a commitment to integrating the ten principles of the compact into its operations and strategies. The ten principles encompass human rights, labor, environment, and anti-corruption. By signing the compact, Deloitte committed to upholding the fundamental principles of social responsibility, including supporting human rights, promoting diversity and inclusion, protecting the environment, and fighting corruption.
As a signatory of the UNGC, Deloitte has been actively implementing sustainable and responsible business practices. For instance, Deloitte has integrated sustainability into its strategy and operations, using innovative technologies to reduce its environmental footprint, and promoting diversity and inclusion within its workforce. Deloitte has also been leveraging its expertise to support clients in achieving their sustainability and social responsibility goals.
Deloitte is also a founding member of the Accounting for Sustainability (A4S) initiative, which aims to inspire and enable more sustainable decision-making among finance professionals. Through the A4S initiative, Deloitte has been encouraging CFOs and finance professionals to embed sustainability into their decision-making process, including risk assessment, capital allocation, and performance management.
In conclusion, Deloitte`s signing of the United Nations Global Compact demonstrates its commitment to sustainability, social responsibility, and ethical business practices. The UNGC is just one of the many corporate responsibility agreements that Deloitte has signed over the years, highlighting its efforts to be a responsible corporate citizen and make a positive impact on society. As a professional, it`s essential to remember that showcasing Deloitte`s corporate responsibility initiatives can be a significant factor in attracting potential clients who value a company`s social impact.