Ultima Markets Makes History as 1st CFD Broker Joining UN Global Compact Initiative
In a groundbreaking move, Ultima Markets, a leading CFD trading service provider, has officially become the first brokerage firm in the CFD industry to join the UN Global Compact Initiative. This significant step not only marks a historical moment for the company but also reflects a broader commitment to sustainability and corporate responsibility in the financial sector.
Understanding the UN Global Compact Initiative
The UN Global Compact is a global initiative that encourages businesses worldwide to adopt sustainable and socially responsible principles. It aligns corporate strategies with ten universally accepted principles in the areas of human rights, labor, environment, and anti-corruption. Joining this initiative places Ultima Markets among these responsible organizations, demonstrating their dedication to contributing positively to society and the environment.
Commitment to Sustainability
By joining the UN Global Compact, Ultima Markets reaffirms its commitment to effective sustainability. The brokerage intends to adapt its operational practices to align with the ten principles of the initiative. This transition is crucial in promoting responsible business practices that encompass environmental stewardship, social justice, and robust governance across the entire financial service sector.
A Major Milestone in Global Economic Sustainability
The participation in the UN Global Compact represents a significant milestone in Ultima Markets' efforts towards building a sustainable global economy that promotes inclusivity. As part of a network that includes over 25,000 organizations in 167 countries, Ultima Markets is poised to work alongside international leaders to fight climate change and advance equality and economic prosperity.
Jean Philippe, a board advisor focusing on governance and sustainability at Ultima Markets, stated, "By joining this initiative, we develop ethical financial services that contribute to a sustainable future. Sustainability is embedded in our core mission." This commitment underscores Ultima Markets' ambition as a key player in the financial and technology industry, as they align their operations and business practices with global sustainability goals.
Educational Commitment to Financial Literacy
The financial technology and practices of Ultima Markets are designed not only to facilitate trading but also to promote financial literacy and education. By empowering employees and communities, the firm fosters a culture of education that supports the Sustainable Development Goal (SDG) No. 4: Quality Education. The brokerage's focus on SDG 9: Industry, Innovation, and Infrastructure reflects a commitment to use innovative technologies that improve access to financial services.
Additionally, Ultima Markets is dedicated to implementing environmentally-friendly office practices to minimize their ecological impact as part of SDG 13: Climate Action. The company is committed to working with the Compact initiative and global partners towards SDG 17: Partnerships for the Goals.
Legacy and Future Goals
Ultima Markets aims to provide long-term value to clients through education, innovation, climate action, and global collaboration, while contributing to the broader sustainability movement. As a licensed brokerage firm, Ultima Markets provides access to over 250 financial instruments. With a dedicated team of over 2000 professionals across 15 global offices, the company serves clients in more than 172 countries. Visit Ultima Markets online for more details about their services and commitments to sustainability.