The Croatian Global Compact Initiative Incited PBZ to Donate HRK 500,000 in Aid of Typhoon Victims in the Philippines


At the initiative of the Global Compact Croatia led by the Croatian Employers' Association Privredna banka Zagreb d.d. (PBZ), a bank of the Intesa Sanpaolo Group, will donate HRK 500,000.00 to the Croatian Red Cross. The funds will be donated to the Croatian Red Cross to help the people of Philippines, struck by the monster typhoon Haiyan, the strongest typhoon ever registered in that area.

The Global Compact (GC), an United Nations (UN) Initiative designed to promote socially responsible activities, was set up in the year 2000 and it brings together over 8,000 corporate stakeholders from 135 countries across the world. The GC initiative is led by the Croatian Employers’ Association (CEA) and PBZ has been a participant of the Global Compact Croatia initiative since 2007. The CEA brings together 52 participants of the Global Compact in Croatia and represents the biggest such initiative, as a unique example of the collaboration of the business world and the international community, academic community, civil society, governments, business associations and the United Nations itself.

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