KWFT is delighted to be the first Microfinance to join the United Nations Global Compact Network as part of the Institution’s ongoing efforts to work collaboratively with likeminded partners to advance sustainability and support delivery of the UN Sustainable Development Goals (SDGs). The launch event was held on 12th October 2021 at the KWFT Centre yesterday.
The UN Global Compact has grown to be the world’s largest corporate sustainability initiative and global movement of more than 13,000 businesses across 160 countries and works to accelerate and scale the collective impact of businesses by upholding the Ten Principles on Human Rights, Labour, Environment and Anti-corruption as well as delivering the SDGs.
The Network will give KWFT a platform to showcase its journey in transforming the lives of its customers as well as learn best practices from other Network Members. The Institution commits to align its operations and strategies with the Ten Principles into its corporate strategy, value systems, culture and operations.
In addition, KWFT will diligently keep track of the progress and share its successes with the rest of the Network Members, enhance its participation in the sustainable business and development space as well as position the Institution on social impact.