NAIROBI, Kenya Dec 8-Diamond Trust Bank (DTB) has signed into the United Nations Global Compact to strengthen its commitment to the Sustainable Development Goals (SDGs)
The bank, which has subsidiaries in four East African countries, joined the corporate sustainability initiative anchored in the United Nations at a ceremony in Nairobi presided over by Group Chief Executive Officer, Nasim Devji.
Devji noted that becoming a signatory to the United Nations Global Compact will strengthen the Banks commitment to the Sustainable Development Goals (SDGs) and described the commitment as central to DTB’s agenda and strategy for the future.
“As a financial institution that has a rich 75-year heritage, we are aware of the need to be a sustainable corporate,” said Devji.
Devji further said that the ethos that DTB stands for are aligned to the Ten Principles of the UN Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.
“We are delighted to officially welcome DTB into the UN Global Compact as the 6th bank in Kenya as it reaffirms its public commitment to responsible and sustainable business conduct,” said Judy Njino, Executive Director of Global Compact Network Kenya during the official signing ceremony.
“As a signatory to the Women’s Empowerment Principles and an active participant in the Target Gender Equality programme, we also look forward to supporting the bank to deepen and strengthen its contribution towards equal women representation,” said Njino.
The bank joins more than 14,000 companies and 3,000 non-business participants globally, including 266 Kenyan companies that have embraced the commitments of the UN Global Compact.
Specifically, companies that sign up to the UN Global Compact commit to align their business strategies and operations with universal principles on human rights, labour, environment, and anti-corruption and take actions that advance societal goals.
