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Huayou Cobalt Joins the United Nations Global Compact Organization

  • 2024-07-10

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Huayou Cobalt officially announced that it has joined the United Nations Global Compact (UNGC), pledging to support the ten principles of the UNGC in the areas of human rights, labor, environment and anti-corruption. The joining of UNGC is the international organization's recognition of Huayou Cobalt's contribution to sustainable development in the areas of corporate governance, product services, risk management, social care and talent development.

As a special initiative of the United Nations Secretary-General, the UNGC was established in 2000 by the then UN Secretary-General Kofi Annan, and is the world's largest international organization promoting corporate sustainable development, with more than 20,000 corporate and other stakeholder members from nearly 170 countries. The organization is committed to mobilizing member companies and stakeholders globally to incorporate the ten principles of the Global Compact, including human rights, labor, environment and anti-corruption, into their strategies and operations, and to help companies contribute to the achievement of the UN Sustainable Development Goals through capacity building, dialogue platforms, and innovative cooperation and partnerships.

Huayou Cobalt's joining the UN Global Compact marks an important step for the company in the field of global sustainable development and corporate social responsibility. As an important player in the new energy lithium materials industry, Huayou always adheres to the development concepts of innovation, coordination, openness, green and sharing, and is committed to becoming a leader in the green mission of the global new energy lithium materials industry. Huayou Cobalt not only focuses on the growth of its own business, but also on environmental protection, social responsibility and corporate governance. Joining the United Nations Global Compact means that the company is committed to following the ten principles of the United Nations in its operations, covering the areas of human rights, labor standards, environmental protection and anti-corruption. This action not only highlights Huayou Cobalt's leading position in the global market, but also demonstrates its strong commitment to building a more sustainable world, which will help to enhance the company's international reputation, strengthen trust and cooperation with its global partners, and promote the process of sustainable development within the industry.

Joining the United Nations Global Compact is one of the important initiatives for Huayou Cobalt to practice long-termism and sustainable development strategy. Huayou expects to work with a wide range of stakeholders to jointly promote the realization of the United Nations Sustainable Development Goals, and to join hands with global enterprises to build a more sustainable world.