Saudi Arabia: The Kingdom’s leading real estate developer, ROSHN, has become a member of the United Nations Global Compact, reiterating its commitment to the use of sustainable practices and the well-being of its workers.

According to its own definition, the UN initiative was set up as a call to companies to “align strategies and operations with universal principles on human rights, labor, environment and anti-corruption, and take actions that advance societal goals.”

“ROSHN has answered the UN Global Compact’s call,” Group CEO David Grover said.

“Our human-centric, people-first priorities are well stated, and by joining the Global Compact we cement our leadership position in the Kingdom and internationally as a PIF-backed giga-project mandated to set new standards as we work to enable the Saudi Vision 2030.

“I look forward to updating the UN regularly on how we are incorporating these principles as we work to improve the quality of life for the people of Saudi Arabia.”

Having joined the initiative, ROSHN is required to submit annual reports detailing its work to implement the compact’s 10 guiding principles.

The UN Global Compact was set up in 2000 and is the largest corporate sustainability initiative in the world, with more than 15,000 companies and 3,000 non-business signatories from over 160 countries.