Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc, and energy. The pursuit of sustainability guides Teck’s approach to business. The company, which is based in Vancouver, Canada, is building partnerships and capacity to address sustainability challenges within the regions in which it operates and at the global level. more[...]
Like most other countries across the globe, Korea has many issues to tackle regarding the widening gap between education and wealth levels. To narrow the gap, SK has enacted a wide range of social activities as well as made efforts to drive economic growth as a responsible corporate citizen. But in the process of undertaking such activities, SK soon realized that simple acts of charity are not enough to find an efficient solution to the deep-rooted malaise in society, and that a social enterprise can be a mechanism to address pressing issues and create sustainable values. As the first step toward utilizing such a valuable tool, SK raised KRW 50 billion in 2009 to support social enterprises on a large scale. more[...]
In the past year, Panama has made some important and positive headlines worldwide. The country was awarded an investment grade credit rating by both of the globally renown ratings agencies, Fitch Ratings and Standard and Poor’s. Also, the New York Times named Panama as the number one travel destination in 2012. The country also had economic growth of 8 percent from 2006 to 2010, and in 2011 the country’s economy grew 10.6 percent, making it one of the fastest-growing economies in Latin America. more[...]
Contributing to society with social responsibility initiatives and actions constitutes a core element of INTERAMERICAN’s mission. For this reason, the company invests significant amounts of time into various social actions, above and beyond the responsible practices that it has integrated into activities of its business operations. From its inception until today, it has continually focused on the people and society in general. more[...]
Governments across the Americas are putting profit before the physical and cultural survival of thousands of Indigenous peoples, said Amnesty International in a briefing paper published ahead of the International Day of Indigenous Peoples on 9 August. more[...]
Immediate action to promote sustainable diets and food biodiversity so as to improve the health of humans and of the planet is urged in a book just published by FAO and Bioversity International. more[...]
This will be a date long remembered by Japan and the world at large. Since the aftermath of the Great East Japan Earthquake that hit the Tohoku area north of Japan, Mitsui & Co. (“Mitsui”) has been conducting various activities in terms of recovery support through social contribution activities and through Mitsui’s core business. more[...]
Efforts to establish an agenda of corporate responsibilities with human rights in Latin America have led to modest, if not aspirational, results. However, recent developments suggest that this agenda is gradually gaining ground, as seen through its appropriation by states, companies, and civil society advocacy groups as an interpretative framework for their actions. The emerging dynamics of collaboration and conflict between such actors – within and across national borders – contribute toward defining the broad substance and scope of this emerging agenda. more[...]
A decade ago, corporate social responsibility had only just emerged on the agendas of businesses operating in Latin America. Corporate commitments were limited to the largest firms, usually the multinationals; public awareness and demand for corporate responsibility was low; governments were uninvolved; and civil society organizations promoting CSR were still new and, for the most part, funded from elsewhere. more[...]
TeliaSonera has engaged the Danish Institute for Human Rights to support and review its human rights impact assessment. DIHR will develop a tool tailored to TeliaSonera and its human rights risk profile. It will include freedom of expression and privacy issues and be benchmarked on the United Nations Guiding Principles on Business and Human Rights. DIHR will also assess TeliaSonera’s consequential mitigation plan. more[...]
We are witnessing an exciting global movement whereby philanthropists from both developed and emerging economies are using targeted and innovative approaches to address sustainable development. Today, strategic philanthropists are responsible for stimulating entrepreneurship and small business development in developing countries. These philanthropists are increasingly recognizing the importance of adopting a more business-like approach to philanthropy to maximize social and environmental returns of their philanthropic investments. Measuring impact is also a crucial component of successful philanthropy and has become more prominent globally. Evaluation helps to focus on results, ensures effective allocation of resources, and upholds accountability. 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[...]
New research released today indicates that listed mining and resources companies across the world are keen to comply with the UN’s Guiding Principles on Business and Human Rights, which were officially adopted one year ago, but must keep up the momentum in order to maintain public confidence in their efforts. more[...]
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