Malaysia Airlines Joins The UN Global Compact Initiative - What Does It Mean?
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Loading... - Chiaki Makino
- 24 Jan 2023
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The airline will report on its work on human rights, environment and anti-corruption.
On Tuesday this week, Malaysia Airlines announced that, as part of the carrier's sustainability work, it had joined the United Nations Global Compact (UNGC) initiative as the first aviation company in Malaysia. Meanwhile, when doing so, it joined a whole host of other airlines globally. Let's take a closer look at what the UN Global Compact is and why it matters for airline sustainability.
What is the UNGC?
The UNGC is a global, voluntary CEO initiative that promotes responsible business practices and the advancement of the UN Sustainable Development Goals (SDGs). When signing up to participate, companies vow to align their strategies and operations with principles of human rights, labor, environment, and anti-corruption and report on their progress each year.
The initiative also runs seminars and courses on topics such as biodiversity, gender equality, and just livelihood transition related to a shift towards more sustainable production and other practices.
The Malaysia Aviation Group, which is the parent company of Malaysia Airlines, says that signing up for the initiative shows commitment to aligning its operations to the UNGC Ten Principles (explained in greater detail further on in the article). Read More…
