We are proud to announce that Grant Thornton Luxembourg is now an official signatory of the National Pact on Business and Human Rights. This is a voluntary commitment aimed at business leaders wishing to implement the United Nations Guiding Principles on Business and Human Rights.
On 6 July 2022, our Sustainability Manager, Fani Xylouri, signed the National Pact on Business & Human Rights in the presence of the Minister of Foreign and European Affairs, Jean Asselborn, the Luxembourg Employers’ Association (UEL), the National Institute for Sustainable Development and Corporate Social Responsibility (INDR) and other stakeholders.
With the adoption and implementation of the National Pact on respect for Human Rights in Business activities the partnership and the joint commitment between the State and businesses to live up to the obligations incumbent upon them under the United Nations Guiding Principles is possible.
By signing the National Pact, companies commit to raising awareness among its stakeholder and training their employees and stakeholders on the protection of human rights in business. To further develop governance tools to identify and prevent risks of human rights violations and to establish remediation actions for any reported incident. Lastly, companies are required to publish a standardised annual report on the measures implemented.
“We are proud that Grant Thornton Luxembourg is now an official signatory of the National Pact on Business and Human Rights. This way we uphold our commitment to protect and respect human rights in our sphere of influence in our everyday operations.” said Thierry Remacle, Managing Partner of Grant Thornton Luxembourg.