Huay Ma Haad Mountain was on the verge of being completely deforested, which led to water scarcity and greatly affected both the agricultural and industrial sectors in the area and created conflicts between them. As one of Thailand’s leading corporations and a major employer in the Rayong province, PTT Global Chemical (PTTGC) has taken the lead in a regional sustainability initiative, the “Reforestation and Water Conservation at Huay Ma Haad Mountain” project, to strengthen community-led forest conservation, biodiversity restoration, as well as community development. more[...]
Paradigm Shift in Vaccines: Our Dengue Vaccine CandidSanofi Pasteur, the vaccines division of Sanofi, has taken an innovative approach to addressing a disease that affects tropical and subtropical countries, without anticipating a return on investment from high-income countries. For the first time, a new vaccine will have its initial introduction in several middle- and low-income countries – where the need is the greatest. more[...]
There has been a surge in the popularity of the private standards-setting approach to social and environmental governance in recent decades. A single economic sector may now literally feature dozens of competing voluntary sustainability standards. Emerging gradually as a result of the uncoordinated efforts of various independently operating (coalitions of) actors, the rise of voluntary standards-setting has been largely spontaneous and unplanned. more[...]
Although often lumped together, the many voluntary sustainability standards (VSS) used today are not at all alike. As a whole they do tend to deal with the areas not functionally addressed by most firms and global trading structures. more[...]
This section introduces the relevant principles from the Rio Declaration, and highlights elements of subsequent UN declarations that have developed or expanded on these principles. From National vs. International Standards, LCA standards vs. sector-specific standards up to Management system vs. performance standards. more[...]
Voluntary sustainability standards have the potential to generate significant environmental, economic and social benefits in developing countries. However, decision makers from developing countries frequently express concern about the lack of credible information about standards, the considerable compliance costs, the risk of marginalization of small-scale producers, the lack of harmonization and equivalence, resulting in the need to comply with multiple standards for a single product,and the lack of transparent governance. more[...]
Rural India faces an acute shortage of healthcare professionals. In an innovative initiative called “Addressing the Base of the Pyramid” (BoP), Novo Nordisk A/S teamed up with community partners to bring diabetes services closer to people in remote areas while supporting health activists’ microbusiness. This initiative is now integrated with the Changing Diabetes Barometer® program in Bihar, India, to increase the level of outreach. more[...]
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