Business

Allfunds strengthens its social commitment and joins the United Nations Global Compact

Allfunds strengthens its commitment to Corporate Social Responsibility and joins the United Nations Global Compact, the world's largest corporate sustainability initiative.


  • It is a further step in consolidating the responsible approach of Allfunds through economic, social and environmental performance.
  • The United Nations Global Compact is the world's largest corporate sustainability initiative.
  • Allfunds commits to aligning its operations with ten universally accepted principles in the areas of human rights, labour standards, environment and anti-corruption.


The company, which has been producing a CSR report in accordance with the Global Reporting Initiative (GRI) standard since 2017, with the goal of making progress towards becoming a reference in Corporate Social Responsibility in the sector. Through the global compact, Allfunds commits to aligning its operations with ten universally accepted principles in the areas of human rights, labour standards, environment and anti-corruption. The wealthtech will also take action in support of the United Nations goals currently reflected in the Sustainable Development Goals (SDGs).


Juan Alcaraz, Allfunds CEO and founder commented, “Allfunds has a strong commitment to improving the local communities in which it operates. Since our founding 20 years ago, we seek to strike the right balance between economic, social and environmental aspects to achieve business sustainability”.


Committed to Corporate Social Responsibility

Commitment to CSR is in the DNA of the wealthtech. The company has set out five lines of work to help improve all the societies in which it operates, as well as many other places that are in need.


In 2015, Allfunds decided to create the Allfunds Solidarity Fund. The vehicle's primary objective is to carry out social works for the benefit of citizens, especially minors, through donations channeled through the fund itself, collected in actions, campaigns, and events organized by Allfunds. The latest challenge of the fund, promoted in May, raised more than 265,000 euros to feed more than 600 Spanish families and help provide adequate nutrition for more than 12,000 children in poverty in Italy.


In addition, this commitment has reinforced Allfunds' Good Corporate Governance with the creation of the Corporate Social Responsibility Committee, where strategy is decided, and decisions related to the company's CSR policy are made.


Human capital also occupies a central place in the company's strategy. Allfunds has adopted a series of policies aimed at attracting and retaining talent, as well as fostering motivating working environments that contribute to the professional development of employees.


Likewise, through the Allfunds Environmental program, the organization fights against climate change by identifying the threats that put the stability of the planet at risk and offering environmental solutions. Similarly, the company continues to digitize its processes with the aim of making sustainable and controlled use of resources, as well as leaving a mark on its activity.




Contact:
Allfunds
Katherine Sloan
Global Head of Corporate Communications
Tel: +34 91 274 64 00
katherine.sloan@allfunds.com

Back News