2008 will be remembered as the year of crises. The breakdown of financial institutions and markets and the subsequent worldwide economic downturn have put the spotlight on issues that the United Nations Global Compact has long advocated as essential responsibilities for modern business and today’s global markets: comprehensive risk management, long-term performance, and ethics. more[...]
Too often, corporate social responsibility (CSR) is driven by social or government pressure, the fear of possible negative publicity, or the expectations that the financial markets have of listed companies. more[...]
The ISO International Standard ISO 26000 is one of the three documents being recommended by the European Commission (EC) on guidance for European enterprises to fulfil their commitment to social responsibility. more[...]
The United Nations Global Compact – which is a Global Public Policy Network advocating ten universal principles in the areas of human rights, labour standards, environmental protection, and anti-corruption – has turned into the world’s largest corporate responsibility initiative. Although the Global Compact is often characterized as a promising way to address global governance gaps, it remains largely unclear why this is the case. Andreas Rasche and Dirk Ulrich Gilbert discusses to what extent the initiative represents an institutional solution to exercise global governance. more[...]
This book explores what sustainability means, and especially what it means for business. It looks at the tools, techniques, standards and methodologies needed for sustainability and helps you to discover which are most appropriate for your organization and how you would implement them. The report also offers support in the preparation of a business case for moving towards sustainability. This book is not just written for experts, but aims to clarify and communicate the issues of sustainability and provide an invaluable tool for all managers. more[...]
This guide shows how organizations can identify and manage their risks for good governance. Since the publication of PD 6668:2000, Managing Risk for Corporate Governance , upon which this book is based, there is a greater appreciation of the importance of risk management in organizations and society at large. more[...]
This Sauerland-based family business offers convincing proof that traditional values can harmoniously coexist with a modern commitment to mankind and to nature. Corporate social responsibility is an intrinsic pillar of Kusch+Co’s corporate strategy. more[...]
As part of PUMAVision – PUMA’s sustainability concept – and in line with its mission to become the most desirable and sustainable Sportlifestyle company, PUMA introduced the sustainability scorecard in 2010 to achieve its ambitious environmental targets by 2015. The scorecard lists targets for a 25 percent reduction in energy and water usage as well as climate and waste emissions by 2015 compared to 2010. more[...]
AKSA, a leading manufacturer of acrylic and carbon fibers in the world, has initiated a Community Advisory Panel comprised of about 45 representatives of municipal mayors, village elders, teachers, local authorities, and students selected from the villages in the vicinity of the facility. Since 2001, biannual or more frequent Community Advisory Panel meetings are held to assess and evaluate the coexistence of AKSA with the community, including issues of environmental, health, and safety performance of the facility as seen from the eyes of the public. more[...]
Project one :In the light of its business excellence and recognition, Arab African International Bank decided to institutionalize the CSR building on its “Belief System “ and depending on a “Structural Approach”. This has produced the “We Owe it To Egypt” Foundation to be the national drive behind significant impact and sustainable development of health and education in Egypt. The Foundation’s main mission is: To pool patriotic resources and establish centers of excellence in health and education. Project two: The bank has adopted the Equator Principles as a regulatory framework for social and environmental impact assessment for projected finance that exceeds the 10 million dollars. more[...]
2009 was an eventful and challenging year – not only for PUMA but also for the world economy and the Sportlifestyle industry as a whole. The impacts of the financial crisis were felt globally and did not spare PUMA. At the same time, sincere criticism toward unsustainable, short-term financial business models and serious concerns about global warming called not only for a stronger emphasis on concepts of sustainable development within our societies but also for individual industries and single corporations. more[...]
For Mutualista Pichincha, corporate social responsibility and the Ten Principles of the Global Compact go far beyond the realm of traditional institutional and professional behavior. They constitute a way of life and a new manner of doing things in all aspects of our entrepreneurship. They must become the engine that drives all our actions at work and at home; with our children, friends, and colleagues; on the streets as well as during public events and all of our daily activities. more[...]
If one person forgets to switch off the light, it’s not the end of the world. But when thousands of employees agree to climate-protection measures, the effects can show a tremendously positive result. If only one customer requests a carbon-neutral transport, it’s not going to save the planet. However, when thousands of customers all over the world ask for eco-friendly services, it makes a big difference. Today, it is our employees and our customers who drive our corporate responsibility activities at Deutsche Post DHL. more[...]
Multinational companies face huge challenges in countries they operate in, from human rights to the growing need for transparency and responsibility, from respect for the environment to the fight against poverty and the promotion of fair labor practices. Oil and gas companies operate in some of the most challenging places on earth, where they can have an important impact on local communities and on the environment due to the nature of their operations. Furthermore, they manage energy resources that are deeply connected to the economy of a country, and they cope with a public sector that often looks for the support from the private sector to guarantee an improvement of development standards. more[...]
The world is facing a number of major challenges: One of the most important is the growth of the global population and the factors associated with this, such as access to healthcare, regular food supplies, and effective environmental and climate protection. These global problems are the main starting point for the new Bayer Sustainability Program. more[...]
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