With the integration of Cognis and its active ingredients business, Laboratoires Sérobiologiques (LS), BASF has broadened its product portfolio based on renewable raw materials in the last years. One of renewable raw materials is Argan oil from Morocco. 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[...]
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[...]
Corporate Community Involvement offers the first-ever roadmap to strategic community involvement. Building on their extensive experience, Nick Lakin and Veronica Scheubel have designed this book to be practical—for those who want to act upon what they read. more[...]
In cooperation with the United Nations Development Programme (UNDP), Mitsui is donating a solar power-operated pumping facility for irrigation water to a local farming community in Mozambique, Africa. In 2010, a partnership agreement to build an irrigation system was signed between Mitsui and UNDP, with the project currently at the construction phase. more[...]
Philanthropy is about donating to charity without expecting a return. Companies have historically contributed to society in this way. Strategic philanthropy, which is a more modern approach, is about directing corporate giving to a cause that is aligned with the core business. Yet in the 21st century, strategic philanthropy does not suffice in providing leadership. There is a growing demand for companies to move beyond strategic philanthropy to modern community partnerships, co-creating solutions to pressing societal and environmental problems by contributing core competencies and truly aiming for impact. In the process, shared value creation for both society and the company is not only desirable for companies, but also to stakeholders. more[...]
This joint Poverty-Environment Partnership paper aims to stimulate a dialogue among developing country policymakers, development partners and other stakeholders on how best to support country-led efforts to build inclusive green economies. more[...]
Interview with Sergei A. Ordzhonikidze. He was Director-General of the United Nations Office at Geneva (UNOG) from March 2002 until March 2011. more[...]
Emphasizes the second objective of the Global Compact by articulating how companies can support development objectives through their core business; strategic social investments; advocacy; partnerships and collective action. Available Global Compact platforms for business to support development goals are identified and examples of how companies are already contributing to this agenda are showcased. (Source: UNGC) more[...]
Collaboration between the United Nations and the private sector has become ingrained in the way the United Nations and its Agencies, Funds and Programmes function; but it was not always this way. The report charts the evolution of UN-business engagement since 2000. Source: UN Global Compact more[...]
When I went to New York in March 2009, it was during the peak of the banking crisis and the self-doubts of the investment sector. There was a prevailing certainty that one economic era had come to an end, but ambiguity as to how the new era would look. Some of these elements are being intensively discussed and developed at the Global Compact Office: It is about lasting nature, transparency, responsible merchants, and the respectful handling of our planet. more[...]
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