Sterling Bank Plc has become a participatory member of the United Nations Global Compact – the world’s largest sustainability initiative with more than 9,000 businesses and non- business participants in 135 countries.
The UN Global Compact Office said in a statement that as a participant, Sterling Bank has committed to set in motion changes to its business operations so that the UN Global Compact and her 10 principles become part of its business strategy, day-to-day operations and organisational culture. Furthermore, to incorporate the UN Global Compact and its principles in the decision-making processes of the highest-level governance body like its board of directors.
Prior to being a member, Sterling Bank had already adopted some sustainability initiatives in line with the UN Global Compact principles. They include the Sustainable Banking Policy which contains elements of human rights, labour relations and denouncing child labour.
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