® Veyseloglu becomes first Azerbaijani FMCG group to join UN Global Compact
Veyseloglu Group of Companies, one of the leading players in Azerbaijan’s fast-moving consumer goods (FMCG) sector, has officially joined the United Nations Global Compact. With this milestone, Veyseloglu becomes the first Azerbaijani group in the FMCG industry to participate in this globally recognized corporate sustainability initiative.
The official signing ceremony was held at the company’s headquarters in Baku. The event was attended by Aydin Talibov, Founder and CEO of Veyseloglu Group, Samir Mammadov, National Representative of the UN Global Compact in Azerbaijan, as well as members of the executive leadership team and directors responsible for corporate sustainability.
By joining the initiative, Veyseloglu is committed to aligning its operations and strategies with the UN’s Sustainable Development Goals (SDGs) and the 10 universal principles in the areas of human rights, labor, environment, and anti-corruption. The company aims to further enhance its environmental protection efforts, social responsibility programs, and transparent governance practices.
In his address, Aydin Talibov emphasized that this step is fully aligned with the company’s long-term strategic vision:
“Today, we are not merely signing a document — we are committing to creating a more ethical, equitable, and sustainable business environment for future generations. Corporate culture, environmental responsibility, transparent governance, and inclusive development have become integral to our business philosophy over the past 30 years. We are now determined to carry these values to a global level.”
Samir Mammadov, UN Global Compact Representative in Azerbaijan, highlighted the importance of this development for the sector:
“Veyseloglu’s accession to the UN Global Compact marks a significant milestone for Azerbaijan’s retail sector. The commitment of a company with such broad operational reach is a landmark moment for promoting sustainable development values within the country’s business community. We highly value this partnership and encourage other companies to follow suit.”
About the UN Global Compact
Launched in 2000 by the United Nations, the Global Compact encourages companies worldwide to align their strategies and operations with ten universally accepted principles in human rights, labor, environment, and anti-corruption. Today, it stands as the world’s largest corporate sustainability initiative, bringing together over 30,000 business and non-business participants from more than 160 countries.
About Veyseloglu Group of Companies
Founded in 1994, Veyseloglu Group of Companies is a market leader in Azerbaijan’s retail sector. The group operates across the entire supply chain, including retail, logistics, manufacturing, distribution, and delivery. Over the past 30 years, the company has significantly contributed to national economic stability through initiatives focused on food security, employment, and supply chain resilience.
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