Deutsche Telekom has been the first DAX 30 company to establish a quota for women: By the end of 2015, 30 percent of upper and middle management positions in the company are to be filled by women. This is a Group-internal requirement and applies worldwide. René Obermann, Chairman of the Board of Management of Telekom, summed it up as follows: “Taking on more women in management positions is a matter of social fairness and, above all, a categorical necessity for our success. Having a greater number of women at the top will simply enable us to operate better.” more[...]
On August 22, 2012, and as mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, the US Securities and Exchange Commission adopted the final rule regarding disclosure of the use of conflict minerals that originated in the Democratic Republic of the Congo (DRC) or an adjoining country. The rule was originally proposed on December 15, 2010. more[...]
Adopting sustainable business practices to manufacture goods in conformity with the natural environment will pave the way to the future for companies in the 21st century. The Viyellatex Group follows such a forwardlooking way regarding business applications. Started in 1996 with just six lines, Viyellatex now has over 135 lines with an average production capacity of 2.5 million per month. more[...]
Recent events in many countries across the world are a stark reminder that the power of the human spirit should not be underestimated. As we put the “Great Recession” behind us and look toward a more positive – and yet vastly different – new era, we are reminded that it was the innovation, creativity, and passion of people who got the world through those challenging times. During the downturn, companies had to cope with “doing more with less” – raising productivity yet with fewer people to get the work done. This required new approaches, new perspectives, and above all, new ingenuity. The recession is in our rearview mirror but that pressure to do more with less has endured – we have entered the Human Age. more[...]
The RBS Group has been a signatory of the UN Global Compact since 2003, and in 2010 our Head of Sustainability became Chair of the UK Network; working to promote the Global Compact’s Ten Principles among UK industries and the wider UNGC community. We support the Compact as we believe that the resources available to businesses can be leveraged to create sustainable development and a more sustainable economy – on both a local and global scale. more[...]
With a population of about 20 million people, São Paulo is the fifth largest urban agglomeration in the world. The rapid rural-to-urban migration following the industrialization that took place during the mid-20th century has led to an immense urban population increase. Today, 75 percent of the Latin American population live in urban areas. The city’s infrastructure cannot satisfy the needs of that rapidly growing population. more[...]
The Aid by Trade Foundation (AbTF) and its Cotton made in Africa (CmiA) initiative and the Better Cotton Initiative (BCI), have signed an interim partnership agreement that should see increased effectiveness and efficiency in promoting greater sustainability to African smallholder farmers as well as delivering sustainable solutions for the textile and fashion industry in Europe and North America. more[...]
Global youth unemployment stands at record levels and significantly outstrips that of joblessness rates for other age groups. Everywhere you look, the numbers are deeply troubling. The latest statistics from the International Labour Organization put the global youth unemployment rate at more than 81 million workers – 40 percent of the total unemployed. The developing world, with generally younger populations, is disproportionately affected. According to the ILO, the highest regional youth unemployment rates exist in the Middle East and North Africa, where close to one out of every four young people are out of work. more[...]
The ITUC has described the wave of violence at South Africa’s Lonmin Marikana platinum mine as appalling, with as many as 36 killed yesterday when police opened fire on striking miners. 10 people had previously been killed in the past week as violence at the mine escalated. more[...]
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