Novethic analyses the investment policies of around thirty French and Northern European investors and draws up the major trends of norm-based exclusions practices which consists in excluding from portfolios companies that have been called into question because they have violated international conventions on social or environmental issues. Even it is gradually gaining ground in France, the process still involves a limited number of companies. more[...]
Since its founding in 1943, Bradesco’s operations have been grounded in its commitment to Brazil’s development, and for that reason, sustainability is not new to Bradesco Bank. Issues such as community development and social inclusion have always been part of the organization’s day-to-day business. more[...]
Since the very beginning, Georg Kell has been Executive Director of the Global Compact. Due to his ongoing fervour the Global Compact today is fully integrated into the UN system. We spoke with Georg Kell about the economic crisis, the search for new confidence, and the renaissance of politics and ethics. His message is clear: We have to reward sustainable business models. And we have to take climate change much more seriously, or the future might be rough. more[...]
Current protest movements illustrate that citizens regard corruption as a great obstacle to democratization. Because of this corruption prevention plays an important role in companies and government agencies, as required by Principle 10 of the United Nations Global Compact. Therefor Whistleblowing systems can be an effective part of a stratagy for corruption prevention. more[...]
The current protest movements in various countries illustrate that citizens regard corruption as one of the greatest obstacles to democracy and that they demand responsible behavior from politicians. The interface between politics and business represents the most significant gateway for decisions that are not in the interest of the state and its citizens. Because of public pressure and an increase in international legislation, corruption prevention plays an increasingly important role in companies and government agencies, as required by Principle 10 of the United Nations Global Compact. 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[...]
Sakhalin Energy has based its activities on a strategy of sustainable development. It allows the company to achieve business goals while taking into consideration the potential environmental and social impacts on its employees and on local communities. It is fair to say that such an approach means no operational or technological decision is made without adequate environmental, health,and social assessments of the potential impact of the Sakhalin-2 Project. more[...]
There’s an ancient Chinese proverb that goes something like, “Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime.” more[...]
There’s an ancient Chinese proverb that goes something like, “Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime.” The message is clear: Education has a longer-lasting benefit than charitable donations alone. more[...]
Since the nineties, retailers have been paying more and more attention to social Responsibility in the Supply Chain. As there was extensive agreement on establishing common criteria of their individual procurement guidelines, it was only logical for them to pursue a cooperative effort. Originally under the umbrella of the Foreign Trade Association of the German Retail Trade (AVE), these efforts developed at the European level into the Business Social Compliance Initiative (BSCI). more[...]
The availability, nature and conditions of work are central to the wellbeing of individuals, families, economies and societies the world-over. ‘Work’ is the core business of Adecco Group, the world’s leading provider of HR solutions, with over 31,000 people dedicated to enabling more than 500,000 colleagues to work every day with clients in over 60 countries. more[...]
"At the end of the day, corporations are citizens too, and they should commit themselves in the same way good citizens would. It's important to emphasize here that other social forces must be involved: there's always at least one organization that is already implementing an idea, someone who has found a better approach to a certain segment of the population or an innovative solution to the same problem." more[...]
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