Interloop Signs United Nations Global Compact

On Feb 16, 2021, Interloop Limited joined the United Nations Global Compact (UNGC) – the world’s largest corporate citizenship initiative, to augment its commitment to support the 10 Global Compact principles, focused on Human Rights, Labour, Environment & Anti-corruption. Interloop’s business practices are already aligned with multiple UN Sustainable Development Goals (SDGs), and by signing the charter o March 30, 2021 at the UNGC Mega Event, Interloop pledges to make the UN Global Compact and its principles part of Interloop’s strategy, culture, and day-to-day operations, along with engaging in collaborative projects. These projects will advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. Being a purpose-driven organization, Interloop’s foremost priority is business continuity with responsible and ethical practices in its commercial activities and relationships with the stakeholders. This ignites the passion to continue to improve the performance and ensure that as a UNGC signatory company, it lives up to the expectations set by the Compact and the United Nations.

Speaking at the panel discussion, “In Conversation with Unstoppable Women” at the Global Compact Network Pakistan Mega Event on March 30, 2021, Iftikhar Ahmad, representing Interloop apprised the audience about various initiatives undertaken by Interloop for ensuring inclusion and women empowerment, and as a result over 1500 women are working at Interloop at various positions including non-traditional roles such as engineers, lab technicians, knitting machine operators, environmental scientists and many more. He underscored the fact that in Pakistan, women make up less than 10% of STEM professionals while at Interloop, 40% of female executives have STEM degrees. He emphasized that creating a family-friendly workplace has enhanced employee motivation and enriched Interloop’s reputation as an employer of choice, ultimately translating into improved organizational performance.