News -
Hultafors Group Joins the United Nations Global Compact
Hultafors Group proudly announces its participation in the United Nations Global Compact, the world’s largest corporate sustainability initiative. This strategic step aligns with our ongoing commitment to integrating sustainable practices into all aspects of its operations. “This formal commitment is an important step in our journey towards sustainability,” says Kristina Altner, Group Sustainability Manager at Hultafors Group. The Group pledges to actively work with the ten principles of the Global Compact, furthering its dedication to the Global Goals for Sustainable Development.
Enhancing Sustainability Across Brands
As a part of this forum Hultafors Group looks forward to exchanging ideas with other member companies and collaboratively driving sustainable progress. “Our aim is to embed comprehensive sustainability practices across all our brands,” Altner emphasizes, highlighting that sustainability is integral to the Group's strategy and future vision.
This membership not only represents a commitment but also a continuation of Hultafors Group's sustainability journey. Even though the Group has previously been involved indirectly through Investment AB Latour, joining directly as Hultafors Group strengthens their commitment. Altner notes, “The Global Compact’s principles have long been foundational for our policies and actions. Officially being part of this network underscores our ambitions and enhances our accountability to stakeholders.”
Looking ahead, the focus is on establishing a unified sustainability agenda and working towards shared goals. A key part of their current efforts involves setting climate goals aligned with the Science-Based Targets Initiative, a commitment made in September. “We recognize the need to rethink, innovate, and evolve our operations, products, and overall business approach,” adds Martin Knobloch, CEO of Hultafors Group. By joining the Global Compact, Hultafors Group affirms its commitment to being at the forefront of sustainable development. The Group envisions a future where sustainability is central to all its endeavors, aiming to make a positive impact on the world.
About the UN Global Compact
The Global Compact, with over 22,000 members in 169 countries, is dedicated to supporting companies in implementing sustainable strategies. It is grounded in the Ten Principles, encompassing human rights, labor, environment, and anti-corruption, based on international declarations and conventions.