NEQSOL Holding Reaffirms Commitment to Sustainability at the United Nations Global Compact Leaders’ Summit 2024 in New York
01 October 2024

NEQSOL Holding, a global investment group with diverse operations across telecommunications, energy, hi-tech, and construction and over 12,000 employees, reaffirmed its commitment to sustainability at the United Nations Global Compact (UNGC) Leaders’ Summit 2024 this September in New York. NEQSOL Holding supports the UNGC’s mission of challenging the private sector to commit to ambitious targets to improve and scale the collective impact of business on the UN Sustainable Development Goals (SDGs). NEQSOL Holding has operations in the U.S., Netherlands, UK, Türkiye, Azerbaijan, Ukraine, Georgia, Kazakhstan, the UAE, and serves approximately 25 million customers worldwide.

The UNGC Leaders’ Sumit 2024 in New York convened business leaders, UN officials, government leaders, SDG stakeholders and civil society professionals who are committed to raising the bar on sustainability, giving them the tools, knowledge, networking and inspiration to scale the impact of private sector contributions to the 2030 Agenda for Sustainable Development and the SDGs.

NEQSOL Holding joined other business leaders and partners from around the world to discuss the future of corporate sustainability through various meetings and sessions, including meeting with Ms. Sanda Ojiambo, Assistant Secretary-General of the UNGC, and sessions on Corporate Governance, Innovation in Financial Markets, and Cross-Generational Power with the UN's Young Leader for SDGs.

Imran Ahmadzada, NEQSOL Holding’s Chief Financial Officer and Head of NEQSOL Holding Azerbaijan, was a panellist at the UNGC Georgia Network event on “Corporate Sustainability Reporting Frameworks: Synergies & Opportunities for AI Integration” along with representatives from UNGC Azerbaijan. Mr. Ahmadzada shared his experience and insights on how artificial intelligence is revolutionizing corporate sustainability reporting, enhancing data accuracy, streamlining processes, and providing deeper insights into ESG metrics, as well as new approaches to sustainability reporting across different regions, highlighting best practices and challenges.

“As a proud member of the UNGC, NEQSOL Holding aligns both global and local operations with international sustainability standards and is committed to increased accountability, partnership and innovation to drive even further environmental impact. We will soon publish our first consolidated ESG and corporate sustainability report, ahead of the European Union's Corporate Sustainability Reporting Directive (CSRD) deadlines – and have been issuing sustainability reports with external assurances for our subsidiaries since 2018, well before it was seen as the norm. As a group, we are committed to meeting the evolving needs of our customers, through adhering to the highest standards of performance, sustainability, and governance.” said Mr. Ahmadzada.

NEQSOL Holding has a unified approach to corporate sustainability. The Holding and most of its subsidiary companies have UNGC memberships at the country-level, contributing to their framework of consistent and transparent standards.