24 June 2019 | Herpreet Kaur Grewal
The International WELL Building Institute (IWBI) has signed up with the United Nations Global Compact, a voluntary leadership platform for the development, implementation and disclosure of responsible business practices.
The IWBI joins "thousands of companies and civil society organisations from all sectors and parts of the world in implementing the UN Global Compact's 10 principles on human rights, labour, environment and anti-corruption".
The institute has supported the UN Global Compact's principles of corporate strategy, culture and day-to-day operations.
Its WELL Building Standard, a global rating system for advancing buildings and communities that enhance human health and well-being, has identified in its standard how each of the sustainable development goals (SDGs) are supported by WELL's work.
Rick Fedrizzi, IWBI chairman and CEO, said that "by participating in the UN Global Compact, we will demonstrate to our global community" that "the strategies that we advocate to support human health must go hand in hand with actions that improve education, reduce inequality, confront climate change and protect our environment".
Rachel Gutter, IWBI president, added: "Human health is inextricably linked to environmental and socio-economic vitality WELL's alignment with the SDGs reinforces the powerful opportunity we all have to catalyse our buildings and communities as mechanisms to improve the health of both people and the planet."
At least 2,100 projects have registered or certified nearly 400 million square feet of space with WELL.
The UN Global Compact, launched in 2000, encourages companies to align their operations and strategies with the 10 universal principles. More than 9,500 companies and 3,000 non-business signatories based in at least 160 countries, and more than 70 local networks are signed up to the compact.