How we shape our sustainability strategy

Targeting all levels of our business

Our sustainability strategy is designed to ensure sustainability considerations feed into every decision we make – at all levels of the business. To underline our commitment to be a good corporate citizen – and learn from a community of like-minded, responsible organizations – we signed the United Nations Global Compact already in 2012. This is the world’s largest corporate sustainability initiative encompassing the 17 Sustainable Development Goals (SDGs) established by the United Nations as a blueprint for achieving a better and more sustainable future for everyone. They address the global challenges we face, including poverty, inequality, climate change, environmental degradation, peace, and justice.

 

Why the UN Global Compact?

Back in 2012 when u-blox became a UN Global Compact signatory, there were far fewer signatories than the, to date, 22,247 organizations. Together these businesses and civil society organizations are doing business responsibly by aligning their strategies and operations with the UNGC 10 principles on human rights, labor, environment, and anti-corruption; and taking strategic action to advance broader societal goals, such as the 17 UN Sustainable Development Goals, with an emphasis on collaboration and innovation. The UN Global Compact is a global movement that is shaping a sustainable future through a shared commitment to deliver on ambitious goals for humanity and our planet. Each UN SDG represents challenges far greater than any one organization alone can overcome. We can accomplish far more through shared commitment, collaboration, innovation, and action.

 

Our 2022 GRI Materiality Analysis

In 2022, we renewed our Global Reporting Initiative (GRI) Materiality Analysis to identify and prioritize the areas where u-blox can make a meaningful economic, environmental, and social impact - areas that are important to and highly influence the decision-making of u-blox and our stakeholders. Coupled with the United Nations SDGs, the results shaped our sustainability strategy and how we organize, take action, report, and communicate on sustainability.

Open dialog with u-blox stakeholders around the world

With a global footprint in all regions, the u-blox stakeholder community is vibrant and diverse. Our employees, customers, investors, partners, the communities we live and work in, and other organizations and entities that can affect or be affected by our activities all have a stake in u-blox. We actively seek opportunities on an ongoing basis to communicate with and gather input across multiple channels with our global stakeholder community. We welcome an open dialog with stakeholder engagement along our journey to a more sustainable future.