Ultima Markets Makes History as First CFD Broker Joining UN Global Compact Initiative
Ultima Markets Joins the UN Global Compact
In a significant milestone, Ultima Markets has officially become the first CFD trading broker to join the United Nations Global Compact initiative. This move not only marks a turning point for the broker but also highlights its commitment to sustainable practices and corporate social responsibility within the financial sector.
What is the United Nations Global Compact?
The United Nations Global Compact is recognized as the largest global initiative promoting sustainable development. It provides a framework for businesses worldwide to align their strategies and operations with the UN Sustainable Development Goals (SDGs). By joining this initiative, Ultima Markets has committed to integrating its business operations with the ten principles of the Compact, which emphasize human rights, labor rights, environmental protection, and anti-corruption measures.
Ultima Markets' Commitment to Sustainability
As part of its engagement with the UN Global Compact, Ultima Markets aims to actively support and promote sustainability. The broker's alignment with the goals of the Compact reflects its intention to foster responsible investment and prioritize ethical financial services.
Promoting Financial Literacy
A crucial aspect of Ultima Markets' strategy is the promotion of financial literacy among its clients and communities. The company recognizes that educating and empowering individuals is essential for effective participation in the financial markets. By prioritizing SDG 4, which focuses on quality education, Ultima Markets intends to foster a culture of learning and financial awareness.
Innovation in Financial Services
Given the rapidly changing landscape of the financial industry, Ultima Markets has also made it a priority to invest in innovative technologies. The broker's dedication to SDG 9, which encourages industry, innovation, and infrastructure, serves as a commitment to enhancing its technological capabilities and improving access to financial services.
Reducing Environmental Impact
Recognizing the urgency of climate action outlined in SDG 13, Ultima Markets is determined to adopt environmentally friendly practices within its operations. The firm plans to implement office practices that minimize its ecological footprint while promoting sustainable business practices across all its activities.
Collaborating for Global Goals
Ultima Markets is excited to be part of a larger network of over 25,000 organizations in 167 countries that are collaborating under the UN Global Compact. By participating, Ultima Markets aims to work alongside international leaders in the finance sector and beyond to combat climate change and promote social equality while fostering economic prosperity.
Quotes from Leadership
Jean Philippe, a member of Ultima Markets' board, emphasized the company's commitment by stating, "Joining the UN Global Compact underscores our dedication to ethical financial services and solidifies our goal of contributing to a sustainable future. Sustainability lies at the heart of our mission." This leadership perspective showcases the organization's serious commitment to aligning its operations with global standards for sustainable development.
Ultima Markets At a Glance
Founded as a licensed broker, Ultima Markets offers access to over 250 financial instruments. The company employs a workforce of more than 2,000 professionals across 15 international offices, providing services to clients in over 172 countries. Ultima Markets is committed to utilizing its platform not only for trading but also to advocate for sustainability and financial education in the markets.
In conclusion, Ultima Markets' entry into the UN Global Compact is more than just a symbolic gesture; it is a genuine commitment to building a more inclusive and sustainable global economy through responsible practices, financial literacy, and active collaboration with global partners.