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Nexia TS Participates in the United Nations Global Compact

May 2018

 

Singapore, 11 May 2018 – Nexia TS is pleased to announce the firm’s participation in the world’s largest corporate sustainability initiative together with 9678 companies in 161 countries. The United Nations Global Compact is a call to companies to align strategies and operations with universal principles on human rights, labour, environment and anti-corruption. As a socially responsible firm, we believe in the long-term investment of our people’s future that is premised on a sustainable approach.

 

Embodying our core values, the firm is committed to making the Global Compact and its principles part of our strategies, culture and day-to-day operations with our stakeholders.

 

The Ten Principles of the United Nations Global Compact are based on the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption.

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and

Principle 2: make sure that they are not complicit in human rights abuses.

Labour

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;

Principle 4: the elimination of all forms of forced and compulsory labour;

Principle 5: the effective abolition of child labour; and

Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: Businesses should support a precautionary approach to environmental challenges;

Principle 8: undertake initiatives to promote greater environmental responsibility; and

Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

 

“As a voluntary multi-stakeholder of the United Nations Global Compact initiative, Nexia TS pledges its commitment to align and integrate our business practices in the areas of the ten fundamental principles to create a more sustainable and responsible society – for the better of our people and future.” 

Henry Tan, Managing Director, Nexia TS

 

About United Nations Global Compact

At the UN Global Compact, it aims to mobilize a global movement of sustainable companies and stakeholders to create the world we want. That’s their vision.

To make this happen, the UN Global Compact supports companies to:

  1. Do business responsibly by aligning their strategies and operations with Ten Principles on human rights, labour, environment and anti-corruption; and
  2. Take strategic actions to advance broader societal goals, such as the UN Sustainable Development Goals, with an emphasis on collaboration and innovation.

 

For more details, please visit www.unglobalcompact.org.

 

 

About Nexia TS:

Nexia TS was founded in 1993 by two experienced chartered accountants – Henry Tan and Sitoh Yih Pin. After working as managers for one of the international accounting firms, they saw a vision and an opportunity to establish their own organisation – not any accounting firm – but one which is unique in their personalised and well-qualified expertise.

 

To date, Nexia TS is recognised as an established mid-tier local accounting firm. We have grown significantly in size over the years. Being an independent member firm of Nexia International, we are affiliated to accounting firms in many parts of the world. This means that our clients will get to enjoy personalised, comprehensive and quality services at competitive rates in Singapore and globally. Our reputation for quality has been recognised by clients and accounting professionals.

 

As testimony to this, we are among the first few local accounting firms to be accredited by the Institute of Chartered Accountants in Australia to provide supervision of professionals undergoing traineeship to qualify as Chartered Accountants. Headquartered in Singapore, Nexia TS has established a strong presence in various countries across the region. Nexia TS Shanghai is a one-stop centre providing advisory services for foreign-invested enterprises in China. NTS Malaysia and NTS Myanmar provide a full suite of corporate advisory services for our clientele with operations and new foreign investments in the respective countries.

 

Nexia International is an international network of accounting and consulting firms with origins going back to 1971, making Nexia International one of the longest established networks. Currently, with more than 30,750 staff serving our clients at 667 offices in 115 countries, it is ranked as the top 10 largest international accounting and consulting network.

 

For more details, please visit www.nexiats.com.sg.

 

 Media Contacts:

Grace Lui
Head of Marketing Communications
+65 6597 7297
gracelui@nexiats.com.sg

 

May Tan
Marketing Communications Manager
+65 6534 5700 (ext. 861)
maytan@nexiats.com.sg