28 November 2023: Welspun Living Limited (formerly known as Welspun India Limited), a global leader in home textiles, proudly announces its participation in the United Nations Global Compact (UNGC) initiative, aligning its operations and strategies with the Ten Principles of UNGC. This significant step underscores Welspun Living’s unwavering commitment to ethical conduct, human rights, labor standards, and environmental sustainability.
Welspun Living has always been at the forefront of Environmental, Social, and Governance (ESG) practices, ranging from energy and water management, circularity, sustainable resource consumption to diversity & inclusion, women empowerment, and education. It has also implemented policies and frameworks around good labour practices like zero tolerance on child & forced labour and no discrimination at work place along with Anti-bribery and Anti-corruption policies which are in alignment with the Ten principles of UNGC. The UNGC membership reaffirms Welspun Living’s commitments to the implementation of Ethical business practices within the organisation.
The significant move emphasizes the company’s role in contributing to a better and more equitable world. The UNGC membership signifies enhanced credibility, global cooperation, and shared responsibility, showcasing Welspun Living as a responsible corporate player.
“As a member of the United Nations Global Compact, Welspun Living Limited proudly stands alongside global leaders. In line with UNGC’s Ten Principles, this strategic move underscores our commitment to weave a sustainable future. In addition to embracing change, we also embody responsible corporate citizenship, demonstrating that home textiles can have a positive impact on the world” said Dipali Goenka, MD & CEO, Welspun Living Ltd.