Ultima Markets Becomes First CFD Broker to Join UN Global Compact Initiative

Ultima Markets Joins UN Global Compact Initiative

In a landmark achievement, Ultima Markets has made history by becoming the first Contract for Difference (CFD) broker to join the United Nations Global Compact initiative. This commitment reaffirms the firm's dedication to sustainable practices and corporate responsibility as it joins a network of over 25,000 organizations from across 167 countries.

What is the UN Global Compact?

The UN Global Compact is the largest corporate sustainability initiative in the world, designed to encourage companies to align their operations with universal principles related to human rights, labor, the environment, and anti-corruption. The initiative's goals resonate closely with Ultima Markets' principles, furthering its mission to promote responsible trading and investment practices.

Jean Philippe, a Board Advisor for Corporate Governance and Sustainability at Ultima Markets, emphasized, "Joining the Global Compact is a crucial step in our journey toward advancing ethical financial services and contributing to a sustainable future. Sustainability is part of our core mission."

Commitment to Sustainable Development Goals (SDGs)

Ultima Markets' participation in the Global Compact underscores its commitment to various Sustainable Development Goals (SDGs). The company intends to focus on SDG 4, which advocates for Quality Education by promoting financial literacy and skill development within the community and its workforce. Moreover, the commitment to SDG 9, Industry, Innovation, and Infrastructure, highlights its goal to leverage innovative technologies that enhance the accessibility of financial services.

During the announcement, Ultima Markets also revealed its plan to implement environmentally-friendly office practices to align with SDG 13, Climate Action. This pledge reflects their commitment to reducing their environmental footprint and promoting sustainable business practices.

Building a Global Alliance

With the move to join the UN Global Compact, Ultima Markets becomes part of a global alliance dedicated to driving positive change and addressing critical social and environmental challenges. The company will collaborate with international leaders and fellow organizations to foster economic prosperity and social equity, contributing to global efforts against climate change and inequality.

The firm's integration within a vast network facilitates collaboration with partners who share similar values. By working together, Ultima Markets and its partners aim to champion climate action, gender equality, fair labor practices, and responsible governance across the financial sector.

The Future of Ultima Markets

As a globally-recognized licensed broker offering access to over 250 financial instruments, Ultima Markets operates with a diverse workforce of more than 2,000 professionals spread across 15 global offices. The firm serves clients in over 172 countries, focusing on delivering long-term value through innovative services, climate action, and educational initiatives.

By embedding sustainability in its core practices, Ultima Markets not only sets a benchmark for other brokers but also shows its commitment to making a significant impact on a global scale. This step forward is a clarion call for others in the industry to rethink their operational methodologies when it comes to sustainability and ethics, presenting a new paradigm for how financial services can operate.

For more updates on Ultima Markets' initiatives and their positive contributions toward a sustainable, inclusive economy, follow them on various social media platforms like Facebook, X, Instagram, LinkedIn, and YouTube.