Rai Way participates in the United Nations Global Compact initiative

Rai Way participates in the United Nations Global Compact initiative

Rai Way joins the United Nations Global Compact initiative, born out of the desire to promote a sustainable global economy and to encourage companies all over the world to adopt sustainable policies that respect corporate social responsibility.

The initiative was proposed for the first time in 1999 at the World Economic Forum in Davos by the former Secretary of the United Nations Kofi Annan, who on that occasion invited the leaders of the world economy present at the meeting to sign a "Global Pact" with the United Nations in order to tackle the most critical aspects of globalisation in a logic of collaboration. In July 2000, the United Nations Global Compact (UNGC) was put into operation from the United Nations Building in New York. Since then, more than 18,000 companies from 160 countries around the world have joined together, creating a new reality of global collaboration.

Membership, which is entirely voluntary, is the highest expression of an organisation's commitment to human rights, labour, the environment and anti-corruption at a global level and is one of the initiatives explicitly considered best practice by the leading ESG-rating agencies.

Rai Way will actively participate in the UNGC initiative by committing itself on two fronts: by applying the UNGC Ten Principles on human rights, labour, environment and anti-corruption, making them an integral part of its strategy and daily operations, and by carrying out projects aimed at achieving the Sustainable Development Goals (SDGs).

Rai Way's support to the initiative is consistent with the Company's tangible and renewed commitment to ESG issues, which are at the core of the 2023 Business Plan, as clearly outlined in the recently approved Sustainability Plan, which intercepts 9 SDGs and sets, among others, the ambitious goal of Carbon Neutrality by 2025.