MoraBanc Joins UN Global Compact to Advance Responsible Banking
The Andorran bank commits to the initiative's ten principles on human rights, labor, environment, and anti-corruption, while prioritizing UN Sustainable Development Goals like gender equality and climate action.
Key Points
- MoraBanc joins UN Global Compact, committing to its 10 principles on human rights, labor, environment, and anti-corruption.
- Bank pledges support for UN SDGs, prioritizing gender equality (SDG 5), decent work (SDG 8), climate action (SDG 13), and partnerships (SDG 17).
- ESG director Mireia Maestre attended Spanish network assembly in Madrid, stressing sustainability for competitiveness.
- Move builds on bank's ESG efforts in sustainability projects, equality, and governance.
MoraBanc has joined the United Nations Global Compact, the world's leading international corporate sustainability initiative, to bolster its model of responsible banking aligned with major social, environmental and governance challenges.
Through this accession, the Andorran bank commits to embedding the Compact's ten principles—covering human rights, labour standards, the environment and anti-corruption—into its operations and business strategy. It also pledges support for the UN Sustainable Development Goals, focusing especially on SDG 5 (gender equality), SDG 8 (decent work and economic growth), SDG 13 (climate action) and SDG 17 (partnerships for the goals).
Mireia Maestre, the bank's ESG director, attended the Spanish network's general assembly in Madrid this week, followed by the 'Movers de la Sostenibilidad 2026' event, which gathered over 300 companies and organisations. She emphasised that sustainability represents a vital factor for competitiveness and long-term value generation, particularly when driven from the top levels of organisations.
This step strengthens MoraBanc's ongoing ESG progress in recent years, including sustainability projects, backing for Andorran society, talent development, equality efforts, financial education and responsible governance. The bank keeps integrating environmental, social and governance factors across its financial activities, client interactions, supplier relationships, employee management and community engagement.
Launched in 2000, the UN Global Compact brings together more than 25,400 entities across over 160 countries, with 64 local networks. Spain's network, the third largest globally, encompasses 1,891 organisations, mostly companies.
Original Sources
This article was aggregated from the following Catalan-language sources: