TVS becomes India’s first automobile manufacturer to be a part of the UN global compact

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TVS Motor Company, on Friday, announced that they have joined United Nations Global Compact, the world’s largest sustainability initiative. The company has become the first Indian two-wheeler and three-wheeler manufacturer to be a part of the UN Global Compact. With this integral step, TVS Motor Company will now support the Ten Principles of the United Nations Global Compact on human rights, labor, environment, and anti-corruption.

The company, in its recent press release, states, “All TVS Motor Company offices and operations globally, in India, Singapore, Indonesia, the UK, and Europe, will adhere to our commitment. This will also enable TVS Motor Company to access a wide range of tools and learn from the UN Global Compact expertise on this topic to take our sustainability efforts further. TVS Motor Company is keen to extend the UN Global Compact to its other partners and vendors and bring them on board as part of its effort in the future.”

“TVS Motor Company has always aligned its business goals to support a broader sustainability agenda. As a part of the United Nations Global Compact, we will be further able to build on our efforts across the supply chain with access to the right tools and experts. We also look forward to engaging in collaborative projects which advance the wider development goals of the United Nations, particularly the Sustainable Development Goals.”

Mr Venu Srinivasan, Chairman, TVS Motor Company

The UN Global Compact is a call to arms for organizations to align their operations and strategies with ten universally accepted principles in the areas of human rights, labor, the environment, and anti-corruption.

“The commitment to support UNGC Principles & Sustainable Development Goals (SDGs) has encouraged socially responsible organisations across India to join the Global Compact initiative. We are delighted to welcome TVS Motor into the GCN India family and look forward to jointly pursue goal-oriented initiatives towards the advancement of UN Global Compact’s mandates and achievement of SDGs.”

Mr Subhash Kumar, President, UN-GCNI and Chairman, ONGC Group 

Launched in 2000, the UN Global Compact is an initiative to adopt sustainable and socially responsible policies. It also deals with the implementation of those practices. This social corporate sustainability project has over 14,000 firms and 3,000 non-business signatories from over 160 countries as its members. Presently, around 400 organizations from diverse industries are a part of the UN Global Compact in India.

Mr. Venu Srinivasan has recently been conferred with the Padma Bhushan for Trade and Industry. See the tweets here:

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