Initiatives and Commitments

The ambition of the UN Global Compact is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change. To make this happen, the UN Global Compact supports companies to do business responsibly by aligning their strategies and operations with Ten Principles on human rights, labour, environment and anti-corruption; and take strategic actions to advance broader societal goals, such as the UN Sustainable Development Goals, with an emphasis on collaboration and innovation.

Read more about UN Global Compact and the Ten Principles on their website here.

UN Principles for Responsible Banking is the world’s foremost sustainable banking framework. NOBA is a signatory of the UN Principles for Responsible Banking. Through the Principles, banks take action to align their core strategy, decision-making, lending and investment with the UN Sustainable Development Goals, and international agreements such as the Paris Agreement.

As a signatory of UN Principles for Responsible Banking, NOBA became a member of the UN Environmental Programme Finance Initiative. An UN-convened network of banks, insurers and investors accelerating sustainable development, catalyzing action across the financial system to support the transition to more sustainable and inclusive economies worldwide.

Here you can read more about UN Principles for Responsible Banking and the principles and UN Environmental Programme Finance Initiative.