How do we respond to the world’s increasing demand for food while protecting the environment and biodiversity for future generations? BASF’s sustainable agricultural work helps to address these global challenges. Our business is well-positioned to help customers become more sustainable. We provide farmers with reliable and innovative products, but also support them with our know-how. more[...]
The global financial crisis of 2008 was a stark reminder of business’s role in society. When well governed and well led, the role of business transcends one of profitability for its owners and incentives for its managers. Its role is to create value for society. Profit is a means to an end, not an end in itself. Without profit, there is no growth, and without growth there is no development. But if business does not create value and instead divvies up the same pie over and over again for personal gains (remember the subprime mortgages, collateral debt obligations, and credit default swaps?), then it is bound to fail and cause havoc for society. more[...]
In 2009 The TMS Group launched an ambitious program entitled the TMS Green Campaign, which is designed to create awareness of significant environmental and energy conservation issues by promoting the “glocal” concept of “think globally and act locally.” Furthermore, the objective is to transform the awareness into actions and encourage employee-driven conservation practices within their workplaces, homes, and at the grassroots level in their communities. more[...]
The 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[...]
TÜV Rheinland Group in Shenzhen and CSR Asia, in collaboration with the German not-for-profit organization InWEnt gGmbH (Capacity Building International, Germany), have developed this multi-supplier training program linking productivity, quality management, CSR and the essential basic rights with respect to selected ILO standards, Chinese labor law and workplace conditions. more[...]
TÜV Rheinland Group in Shenzhen and CSR Asia, in collaboration with the German not-for-profit organization InWEnt gGmbH (Capacity Building International, Germany), have developed this multi-supplier training program linking productivity, quality management, CSR and the essential basic rights with respect to selected ILO standards, Chinese labor law and workplace conditions. more[...]
As world economies become globalized, the new challenge is to ensure that multinational corporations can be held accountable not only for the impact of their activities on human beings but also for their respect of Human Rights. To date, there is no supranational legal institution with the appropriate means to enforce human rights in a mandatory way. Companies that agree to assume responsibility do so voluntarily. But for an international firm, ensuring that Human Rights are respected can be quite difficult. The standards developed to protect people’s rights were originally drafted for states, so additional practical steps are required to apply those standards to companies and to develop concrete ways to implement and track them within a corporate environment. more[...]
Nestlé believes that for a business to be successful in the long term, it must create value not only for its shareholders but also for society, including farmers who play a vital role in local communities across the world. Nestlé calls this Creating Shared Value and focuses efforts in three key areas: nutrition, water, and rural development. more[...]
Corporate social responsibility has become an emerging issue in global food supply chains. Partners involved in the food sector are challenged to find innovative and meaningful approaches to ensure that their agricultural products are produced in line with internationally agreed labor requirements such as the UN Global Compact Principles. more[...]
Around the globe, some 300 million children aged between five and fourteen work. In India, 59 million children do not have the chance to go to school. Instead, most of them have to herd goats, crush rocks, collect rubbish, sew sequins onto textile articles, clean the houses of rich families, or do other menial jobs to survive. more[...]
Since more than 15 years, Carrefour has shown its leadership through its commitments (1st French company to build a partnership with WWF to work on environmental issues in 1998, providing its own brand products suppliers with a sustainability self-assessment tool) and its product innovation (1st French retailer to propose a green energy offer at competitive price in 2009, organic healthcare range of own brand products in 2008). more[...]
Within the framework of its sustainable development approach and its commitment to the respect for the Global Compact Principles regarding the environment (Principles 7, 8, and 9), Carrefour has created a sustainable development self-assessment tool to encourage its suppliers to implement a sustainability approach. Adapted to SMEs, this tool covers all the areas of a company at the social and environmental levels. more[...]
The Strategic Alliance SAFO (Strategic Alliance for Fortification of Oil) between BASF and GTZ supports local producers in the fortification of staple foods with essential nutrients, in particular Vitamin A. Besides technical training, a mobile testing kit was developed to assist quality control and monitoring more[...]
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