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Adapteo has now joined the United Nations Global Compact initiative
Adapteo has applied and been accepted to the world’s largest corporate sustainability initiative, the United Nations Global Compact.
Participation is voluntary and all companies applying are committing to implementing the sustainability principles of the United Nations Global Compact. These are based on several UN declarations, such as the Universal Declaration of Human Rights and the Rio Declaration on Environment and Development. Their content is summarised in ten principles, regarding the topics of human rights, labour, environment, and anti-corruption. Already today, these are important questions for Adapteo’s business and sustainability strategy. Therefore, committing to the United Nations Global Compact initiative was a natural next step.
In total, there are over 12,000 companies in over 160 countries that participate in the United Nations Global Compact. Adapteo is joining their ranks by becoming a signatory, a little over a year after becoming an independent and listed company in 2019, and the commitment fits well into the continued development of its sustainability strategy.
Hanna Wennberg, SVP Marketing, Communication and Sustainability at Adapteo says.
“Initiatives such as the United Nations Global Compact is exactly the type of arena that is needed to encourage companies to make their own commitments towards a more sustainable future.”
“It was a natural step for Adapteo to apply for participation after becoming an independent and listed company in mid-2019. We see sustainability leadership as an enabler for success and an integral part of our business strategy. We believe that a sustainable business model is necessary to remain competitive in the future. The ten principles of the United Nations Global Compact are in line with Adapteo’s concept of ethical business practice, which is an integrated part of our operations.”
Adapteo is a leading flexible real estate provider in Northern Europe. We build, rent out and sell adaptable buildings for schools, daycare centres, care, offices, accommodation and events. We know that our society will go through an immense change in the years to come. Whatever the future brings, we believe that adaptability is the best solution. With our buildings, we can transform, repurpose, scale up and scale down in a matter of weeks by using a modular and circular building concept. Our buildings can be used for a few days or indefinitely, always optimised for current needs. That is how we build adaptable societies.
Adapteo is listed on Nasdaq Stockholm and operates in Sweden, Finland, Norway, Denmark, Germany, and The Netherlands. In 2019, Adapteo’s Net sales were EUR 216 million.