Local Authorities Pension Trust
Kenya
Africa

Social security schemes and the principles of the United Nations Global Compact: How social security investments contribute to environmental sustainability

Implementation year
2019

The Local Authorities Pension Trust (LAPT) actively seeks to create sustainable value through our business activities – for our customers, employees, shareholders and society. We have embraced sustainability as a value that motivates and inspires our business undertakings. It is owing to this reason that LAPT signed up to the United Nations (UN) Global Compact initiative, a call to companies to align strategies and operations with universal principles on human rights, labour, environment and anti-corruption, and take actions that advance societal goals.

Subscribing to the UN Global Compact initiative not only means that LAPT is at the forefront in promoting sustainable business in Kenya, it also translates to administrative and operational capacities, and/or the efficient and effective delivery of programmes by LAPT. Moreover, the initiative offers LAPT an increased brand trust and support from key stakeholders, especially members. LAPT has taken a major step in this direction by training all our employees to become Sustainability Ambassadors. This means that it has anchored its commitment to sustainable action even more firmly in its corporate culture and into the day-to-day activities.

Topic:
Governance and administration
Investment
Social policies & programmes