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Nestlé needs YOUth!
Andrea Lucia Biswas Tortajada
Nestlé S.A.Nestlé believes that to prosper over the long term and create value for our shareholders, we must also create value for society. As the world’s largest food and beverage company, we have a unique opportunity and responsibility to play an active part in the communities where we live and work, support youth and contribute to the achievement of the United Nations Sustainable Development Goals. Never has this been more relevant than in the current context, where so many youth lack economic opportunities. more[...]
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The Strength of Loose Couplings – The UN Global Compact as a Multistakeholder Initiative
Prof. Andreas Rasche, Copenhagen Business SchoolMultistakeholder initiatives such as the UN Global Compact organize their participants in specific ways. Most importantly, they have to bridge global (universal) principles and local (contextualized) implementation practices. Some initiatives have responded to this need by creating a nested network structure – that is, local networks that are embedded into a wider global “network of networks.” The UN Global Compact, for instance, has more than 100 local networks, which are connected through regional hubs, the Annual Local Network Forum, and interactions with the Global Compact Office. Stakeholder dialogue and collective action are emerging both within and among such networks. more[...]
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Which Form of Dialogue Is Suitable for Which Purpose?
Deutsche Gesellschaft für internationale Zusammenarbeit (GIZ)A broad distinction can be made between stakeholder dialogues that are geared toward consultation and those that focus more strongly on cooperation during implementation. In consultative stakeholder dialogues, actors contribute their expertise, viewpoints, and experience. Initiators of the stakeholder dialogue are usually responsible for the further use of recommendations and lessons learned. Consultative and cooperative forms of stakeholder dialogues subsume the following variants: more[...]
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UNDP-led partnership unveils key to successful community-driven sustainable development projects
United Nations Development Programme (UNDP)The Equator Initiative - a United Nations-led partnership which recognizes the success of local sustainable development projects with the biennial Equator Prize - has launched a series of 127 case studies and a volume of “lessons-learned” outlining the key components of successful, community-based development initiatives. more[...]
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Lead by Example
Jeffrey Revels, TMS Group
TMS GroupThe purpose of the venture between TMS and its key customers is to provide a working strategy to implement the Business Social Compliance Initiative (BSCI). The key is a partnership in respecting human dignity, managing risk, and maximizing the opportunities in the supply chain by taking a proactive and ethical approach. more[...]
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Action In the Supply Chain
Dr. Alexandra Hildebrandt
Arcandor AGSince the nineties, retailers have been paying more and more attention to social Responsibility in the Supply Chain. As there was extensive agreement on establishing common criteria of their individual procurement guidelines, it was only logical for them to pursue a cooperative effort. Originally under the umbrella of the Foreign Trade Association of the German Retail Trade (AVE), these efforts developed at the European level into the Business Social Compliance Initiative (BSCI). more[...]
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