Segezha Group's Arka Merchants joins United Nations Global Compact

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Segezha Group's Arka Merchants joins United Nations Global Compact

September 27, 2018 - 06:00
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MOSCOW, Sept. 27, 2018 (Press Release) -Arka Merchants Ltd., which consolidates the paper packaging production facilities of Segezha Group under the brand of Segezha Packaging, has joined the United Nations Global Compact.

Participation in the UN Global Compact confirms the company’s adherence to principles of human rights, labor relations, protection of the environment and anti-corruption activities. This UN initiative in the area of corporate social responsibility and sustainable development on the global scale has brought together businesses that follow responsible business practices and adhere to principles of integrity and fair competitive practices.

In the official letter signed by Ms. Lise Kingo, Executive Director of United Nations Global Compact, the organization welcomed the initiative of the company to join the major international initiative that seeks to promote responsible social practices of corporations. Global Compact unites thousands of businesspeople and other stakeholders representing the civil society, trade unions and governmental bodies. According to a UN spokesperson, it is important to realize that the global market is becoming more open, socially and economically, if business practices follow certain universal principles. Companies that are parties of the Global Compact put forth conscientious efforts to turn this principled approach to change into practice.

Mr. Rinat Stark, Chief Executive Officer of Segezha Packaging, said that the company actively supports the Ten Principles of the UN Global Compact, and seeks to implement them into the strategy, corporate culture and daily business activities.

“We hereby declare our intention to cooperate and advance the UN sustainable development goals through joint programs and activities. We see joining the Global Compact as an opportunity to use the best world practices, and share our experience,” Mr. Stark said. “Being a participant of the UN Global Compact shows our commitment to sustainable development and long-term cooperative strategy.”

Segezha Group is working steadily on introducing the Strategy on Sustainable Development through 2021 (with the possible future extension through 2025). The Company has defined the following key directions for its activities: “Green Production,” “Responsible Supply Chains,” “Attractive Employer,” and “Comfortable Living in Forest Regions.” In addition to implementing the strategy, Segezha Group has become one of Russia’s leading industrial companies to publish non-financial reporting, and took part in the voluntary WWF Environmental Responsibility Rating.

As of today, the Global Compact brings together more than 13,000 companies and organizations from more than 160 countries of the world. After they join the initiative, the participants of the Global Compact gain access to UN knowledge and experience in the sphere of corporate social responsibility and sustainable development.