Daraz joins UN Global Compact

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Daraz Sri Lanka recently joined the United Nations Global Compact (UNGC) with the aim of building long-term sustainability, meaningful engagement and strengthening its business operations.

Daraz is one of South Asia’s leading e-commerce platforms and has progressively contributed to the growth of digital economies in key South Asian frontier markets, including Sri Lanka. Joining the UNGC initiative further enhances the Company’s purpose to uplift communities through the power of commerce.

Sharing his thoughts on the company’s move to join the UNGC, Daraz Sri Lanka, MD Rakhil Fernando commented: “As our business and teams continue to grow, we are always looking for more ways to promote our people and culture, social responsibility, and business sustainability commitments. There is a lot of opportunity and potential, and we want to make measurable, meaningful, and long-lasting contributions to the communities we serve. Being a part of the UN Global Compact will give us a great network and framework to tap into and learn from.” The UNGC is the world’s largest sustainability initiative that calls on companies to align their strategies and operations with universal principles on human rights, labour, environment, and anti-corruption. Through corporate partnerships, the UNGC drives change across all aspects of corporate sustainability and provides tools to help businesses manage environmental responsibility, social impacts, and good governance while also integrating their corporate agendas with the UN’s sustainable development goals (SDG).