Skip to main content

Consolidated Bank signs on to UN Global Compact

 As part of efforts to strengthen its commitment to responsible business practices, Consolidated Bank Ghana LTD (CBG) has joined the United Nations Global Compact (UNGC), a voluntary global initiative that promotes responsible business practices and the advancement of the Sustainable Development Goals (SDGs).

By signing on to the world’s largest corporate sustainability initiative, CBG aligns itself with a global network of Businesses and Organisations committed to upholding10 universally accepted principles in the areas of human rights, labour, the environment, and anti-corruption.

These principles serve as a guidepost for organisations to integrate sustainability into their strategies and operations, fostering long-term value creation for both the company and society.

At the signing ceremony at Consolidated Bank Ghana LTD (CBG) in Accra, the Managing Director of CBG, Daniel Wilson Addo, said this agreement signifies the bank's unwavering dedication to advancing sustainable development goals and contributing to a more inclusive and prosperous future.

It is with joy that I announce that CBG is the first state-owned commercial bank in Ghana to be a member of the UNGC.

This partnership has become necessary because, as a bank, we are cognisant of the impact of the decisions we make now and the years to come.

As a member of the UN Global Compact, CBG joins like-minded corporate organisations to accelerate the world's progress towards sustainability.

The Executive Director of the UN Global Compact Network Ghana, Tolu Kwaku Lacroix, welcomed Consolidated Bank Ghana LTD (CBG) to the initiative, stating, "CBG has shown great leadership in the areas of sustainability and ESG.

Along with implementing the Ghana Sustainable Banking Principles, it is an institution that fosters good governance practices among its clients and supports capacity-building initiatives for its stakeholders.” he added.

He said by joining the UN Global Compact, CBG sent a strong message that this sustainability journey was important and that it desired to elevate its standing in Ghana and the world.

For his part, the CEO of the Ghana Association of Banks, John Awuah, commended CBG for promoting sustainability in banking.

On behalf of the association, I commend you for choosing sustainability and humanity as the centre of all your business.

I hope this will propel more banking institutions to boldly join the community of business leaders and organisations that have decided to put profitability and humanity in the same sentence".

Labels:

Comments

Post a Comment

Popular posts from this blog

NESCAFÉ Launches Real Vibes Text & Win Promo to Reward Coffee Consumers Across Ghana

 NESCAFÉ has launched the Real Vibes Text & Win Promo, an exciting consumer promotion designed to reward loyal coffee lovers and bring the brand’s My Coffee, My Vibe experience even closer to consumers across the country. Running from September to December, the promotion gives consumers the opportunity to enjoy their favourite NESCAFÉ coffee while standing a chance to win exciting prizes, including phones, motorcycles, airtime and the ultimate grand prize—an electric SUV. Speaking at the launch, Lily Ntim, Category Development Manager for NESCAFÉ, said the promotion reflects NESCAFÉ’s commitment to creating, rewarding and memorable experiences for consumers. “Today, we are excited to introduce the NESCAFÉ Real Vibes Text & Win Promo, a campaign designed to bring the My Coffee, My Vibe experience even closer to our consumers,” she said. She added that the campaign is not only about prizes, but also about celebrating the everyday moments consumers enjoy with their coffee. “T...
Post a Comment
Read more

UK-Ghana Trade & Investment Summit: Trade Resource Centre to help businesses maximise UK-Ghana trade opportunities

 In a significant boost to UK-Ghana trade and investment relations, the UK-Ghana Chamber of Commerce (UKGCC), in partnership with the UK-Ghana Jobs and Economic Transformation (JET) Programme, has launched the UK-Ghana Trade Resource Centre, a practical market-access platform designed to help businesses identify opportunities, navigate export requirements and build commercial partnerships between Ghana and the United Kingdom. The UK and Ghana enjoy strong trade relations, with total bilateral trade reaching approximately £1.6 billion in the year to Q1 2026. Yet, despite this progress, significant untapped opportunities remain for businesses in both countries. The Trade Resource Centre has been established to help bridge information gaps, connect businesses with the right partners, and support firms to take greater advantage of opportunities under the UK-Ghana Trade Partnership Agreement. The launch formed one of the major outcomes of the UK-Ghana Trade & Investment Summit 2026,...
Post a Comment
Read more

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican...
16 comments
Read more