World Bank Group President Jim Yong Kim today told the Bank’s shareholders he wants the institution to become a solutions Bank that can work with partners and help “bend the arc of history” to eliminate extreme poverty.
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The worldwide financial crisis brought into relief the role of financial systems in economic development and poverty reduction. The World Bank’s first-ever Global Financial Development Report contributes to the policy debates on this topic, building on new datasets, surveys, research and country experience, emphasizing the perspective of low- and middle-income countries. The report re-examines a basic question highlighted by the crisis: what is the proper role of the state in financial development?
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Member of the European Parliament and Rapporteur for CSR, Richard Howitt, offers his insights into how the concept of CSR can push forward higher social and environmental standards in business and be used as a lever to combat emerging societal challenges. CSR Europe Association talked to him. more[...]
When former secretary-general Kofi Annan addressed business leaders at the World Economic Forum in Davos in 1999, he not only started to initiate the Global Compact, but also, at the same time, fundamentally redefined the relationship between the private sector and the United Nations (UN) system. After its operational launch in 2000, the Global Compact swiftly emerged as the world’s leading corporate responsibility initiative with currently close to 7,000 business and more than 3,000 nonbusiness participants in nearly 140 countries. more[...]
Labor standards, human rights, environmental conservation, and transparency – the core issues of the United Nations Global Compact are especially vital in the developing economies. Latin America and the Caribbean are remarkable examples. “El Pacto Mundial en América Latina y el Caribe. Memorias 2011: Informe de Gestión,” a publication of the Global Compact Regional Center, gives a detailed view on the present situation of the Global Compact in Latin America and the Caribbean.
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In June, several senior leaders and practitioners from Deloitte Touche Tohmatsu Limited and its member firms attended Rio+20 (formally called the United Nations Conference on Sustainable Development), the UN Global Compact's Corporate Sustainability Forum, Business Action for Sustainable Development 2012's Business Day, and various side meetings for business and civil society.
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This report, together with additional information available online, summarizes our 2011 sustainability and corporate responsibility (CR) performance. For us, sustainability is about the ‘‘triple bottom line” – long-term social equity, economic prosperity and environmental performance. Corporate responsibility is about maintaining the necessary controls to minimize risks, while creating positive business impacts for our stakeholders and our brand, by linking our products, services and solutions to an overall business goal of sustainable growth. more[...]
This article suggests that when the phenomenon of standards and standardisation is
examined from the perspective of organisation studies three aspects stand out: the
standardisation of organisations, standardisation by organisations, and standardisation as
(a form of) organisation. Following a comprehensive overview of existing research in
these three areas, we argue that the dynamic aspects of standardisation are
underrepresented in the scholarly discourse. Furthermore, we identify the main types of
tension associated with standardisation and the dynamics they generate in each of those
three areas, and show that, while standards and standardisation are typically associated
with stability and sameness, they are essentially a dynamic phenomenon. The article
highlights the contributions of this special issue to the topic of standards as a dynamic
phenomenon in organisation studies and makes suggestions for future research.
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