Singapore-based global payments company Thunes announced its affiliation with two global ESG initiatives, namely the United Nations Global Compact and Ecovadis.
Earlier this year, Thunes said that it had successfully passed sustainability assessments and submitted respective reports to both institutions.
As a result, Thunes was awarded the Ecovadis silver medal for 2022, placing the company in the top 25% of performers for business sustainability.
The Ecovadis initiative, a business sustainability rating, ranks organisations on their environmental, social, and ethical impact across 198 classifications and 160 countries.
The UN Global Compact initiative is the world’s largest corporate sustainability initiative, aiming to align the strategic actions of businesses with the UN sustainable development goals (UN SDG) on human rights, labour, environment and anti-corruption.
These initiatives will contribute to Thunes’ ongoing ESG programme “Turning Transactions into Actions” which aims to highlight the proactive and long-term role that every business must play in environmental, social, and corporate governance.
This highlights Thunes’ efforts to place sustainability and responsibility as core principles of its operations.
Peter De Caluwe
Peter De Caluwe, CEO of Thunes said,
“We believe that a successful business must also be responsible. So we are very proud to join the UN Global Compact and Ecovadis initiatives and becoming one of the pioneers among fintech companies that focus on Environmental, Social and Corporate governance.
We have begun to integrate ESG reporting into the heart of our daily strategy and modus operandi, and will continue to advocate the long-term value, rather than just short term gains, within our company.”
