DFCC Bank launches initiative to attract inbound foreign remittances – The Island
Daraz Sri Lanka recently joined the United Nations (UN) Global Compact with the aim of building long-term sustainability, meaningful engagement and strengthening its business operations. Daraz is one of South Asia’s leading e-commerce platforms and has progressively contributed to the growth of digital economies in key South Asian frontier markets, including Sri Lanka. Joining the United Nations Global Compact initiative further reinforces the company’s goal of uplifting communities through the power of commerce.
Sharing his thoughts on the company’s decision to join the UN Global Compact, Daraz Sri Lanka’s Managing Director, Rakhil Fernando, commented: and the companies’ sustainability commitments. There is a lot of opportunity and potential, and we want to make measurable, meaningful and lasting contributions to the communities we serve. Being part of the UN Global Compact will give us a great network and framework to tap into and learn from. »
The United Nations Global Compact is the world’s largest sustainability initiative that calls on companies to align their strategies and operations with universal principles relating to human rights, labor, the environment and the fight against against corruption. Through corporate partnerships, the UN Global Compact drives change in all aspects of corporate sustainability and provides tools to help companies manage environmental responsibility, social impacts and good governance while integrating their corporate programs to the United Nations Sustainable Development Goals (SDGs).
Commenting on the partnership with the UN Global Compact, Daraz’s Head of Public Policy and Corporate Affairs, Anishka De Zylva said, “Bringing greater awareness of social responsibility and good governance into our organization and our communities is integral to building a sustainable business that drives development and the economy. growth. This partnership with the UNGC will give us more momentum and a strong network to contribute and leverage the creation of better business practices and shape crucial conversations with internal and external stakeholders. It will take time to transform the way we think and help our people and business take on important new metrics, but we look forward to the challenge and working with the UNGC to build a dynamic and agile future.
Daraz Sri Lanka is the largest online shopping marketplace in Sri Lanka and is home to a wide range of products featured in groceries (Daraz Mart), consumer electronics, home appliances, fashion, sporting goods, pet supplies and more. Daraz Sri Lanka is part of South Asia’s leading online shopping marketplace, Daraz, which has an active and growing presence in Pakistan, Bangladesh, Nepal and Myanmar. Backed by state-of-the-art technology, bespoke marketing, data and service solutions, Daraz Sri Lanka hosts a growing base of 2.5 million users, over 125,000 registered sellers and, at any given time, over 4.5 million products that are advertised and sold on the platform.
Daraz’s logistics company, DEX, delivers more than 50,000 packages to consumers every day, and the majority of those 50,000+ packages are sold by local sellers who operate on the platform. Daraz is focused on providing excellent customer experiences, ease of purchase, comprehensive customer service, and a hassle-free purchase and return experience. Backed by the strength of the Alibaba Group, Daraz is transforming into the fastest growing e-commerce platform in the region.
