Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 1)
1.
Which company became a signatory to the United Nations Global Compact, committing to integrate ESG principles into its operations?
Answer: Option
Explanation:
L&T Finance Ltd became a signatory to the United Nations Global Compact (UNGC), marking a significant step toward embedding Environmental, Social, and Governance (ESG) principles into its business strategy. By joining this global initiative, the company aligns itself with internationally recognized standards focused on human rights, labour practices, environmental protection, and anti-corruption. It also commits to supporting the Sustainable Development Goals (SDGs). As part of this engagement, the company must submit an annual Communication on Progress report, ensuring transparency, accountability, and continuous improvement in its sustainability efforts.
Discussion:
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