United Nations Global Compact (UNGC)
Qalaa Holdings is an active participant in the United Nations Global Compact (UNGC) Egypt Network. The UNGC is the world's largest voluntary corporate social responsibility initiative with over 12,000 business and non-business participants from 160 countries, and is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labor, environment and anti-corruption. By doing so, Qalaa Holdings contributes to ensuring that markets, commerce, technology and finance advance in ways that benefit the economies and communities in which it does business.
As a participant, Qalaa Holdings commits to:
- Setting in motion changes to its business operations so that the UNGC and its Ten Principles become part of the company's strategy, culture and day-to-day operations, not just at the holding level but throughout its subsidiaries and supply chains;
- Advocate the UNGC and the Ten Principles via its communications channels; and
- Communicate annually with its stakeholders on efforts to implement the UNGC principles, and post a Communication on Progress (COP) on the UNGC website.
Integrity Network Initiative (INI)
Qalaa Holdings joined the Integrity Network Initiative (INI) in June 2017. Started in 2012 by the Egyptian Junior Business Association, the INI seeks to engage the Egyptian business community in a collective effort to fight corruption and create an efficient and enabling business environment. All signatories of the INI agree to receive training on fundamental anticorruption principles, appoint an Ethics and Compliance Manager, and create and implement clear and effective anticorruption practices. A pioneer in sustainable and ethical business practices, Qalaa Holdings views private sector leadership as crucial to affecting positive social change and economic development in Egypt.