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CSR Reporting of European Banks and Insurance Companies still Needs Improvement
Novethic analysed the reporting of 31 European banks and insurance companies in four areas of CSR (Corporate Social Responsibility): environmental, social and governance issues and their products and services. The study examines how the financial sector has reacted to the questions it has raised since the crisis. The companies surveyed provide detailed reporting on their social policy or their direct environmental impacts, but information is sparse on sensitive governance issues such as executive compensation or tax havens. more[...]
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Rethinking the Role of the State in Finance - Global Financial Development Report 2013
World BankThe worldwide financial crisis brought into relief the role of financial systems in economic development and poverty reduction. The World Bank’s first-ever Global Financial Development Report contributes to the policy debates on this topic, building on new datasets, surveys, research and country experience, emphasizing the perspective of low- and middle-income countries. The report re-examines a basic question highlighted by the crisis: what is the proper role of the state in financial development? more[...]
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Supporting the Development of Youth Entrepreneurship in the United Kingdom
Royal Bank of Scotland GroupThe RBS Group has been a signatory of the UN Global Compact since 2003, and in 2010 our Head of Sustainability became Chair of the UK Network; working to promote the Global Compact’s Ten Principles among UK industries and the wider UNGC community. We support the Compact as we believe that the resources available to businesses can be leveraged to create sustainable development and a more sustainable economy – on both a local and global scale. more[...]
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Green Delta Reaches the 26th Year of Its Journey in the Insurance Sector
Syed Tousif Haque, Green Delta Insurance
Green Delta Insurance Co. Ltd.In January 2012, Green Delta Insurance Company Ltd. (GDIC) celebrated its 26th anniversary after being incorporated on December 14, 1985, as a public limited company. The actual operation of the company began on January 1, 1986. At that time, the company only had capital of Bangladeshi Taka (BDT) 30 million. Green Delta Insurance Company Ltd. now holds about BDT 510.3 million more[...]
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Education, Community, and Social Equality
Perihan Abdel Ghaly, Arab African International Bank
Arab African International BankArab African International Bank believes in investment in youth for a better future and realizes that its influence as a leading private institution has grown in parallel with its competitiveness. Arab African International Bank was the first bank in Egypt and the region to launch an education program for undergraduates in various universities across the country and offers awards for creative ideas. more[...]
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Changing the Way Corporations Source Energy
Rasmus M. Schophuus , Vestas Wind Systems A/S
Vestas Wind Systems A/S
WindMade asblWindMade™, the first consumer label for wind energy, is moving the discussion from how much energy a product uses during its lifetime to the embodied energy of the product. Created to drive the global adoption of wind energy, WindMade™ is designed to inform consumers about the source of the energy used to make the products they buy and thus encourage corporations to source renewable energy to run their operations and production. Launched at the World Economic Forum in Davos in 2011, WindMade™ is backed by the UN Global Compact, Vestas Wind Systems, WWF, Global Wind Energy Council, Bloomberg, the LEGO Group, and PwC. more[...]
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Climate Protection Drives Innovation
Yvonne Benkert, MAN SE
MAN SEClimate change is one of the greatest global challenges faced by government, business, and society. It also brings specific opportunities and risks for the transportation and power engineering sectors. The MAN Group is active in both industries and produces trucks, buses, diesel engines, turbomachinery, and special gear units in 13 countries around the world. MAN is thus in a position to make a significant contribution to the reduction of CO2 emissions. At the same time, the company is confronted with the increasingly ambitious CO2 reduction targets set by policymakers and with growing customer expectations – in the transportation sector in particular. more[...]
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Essent Contributes to a Bio-based Economy
Stijn Vercauteren, Essent N. V.
EssentAccording to Essent, innovation is the key to a sustainable energy transition. That is why the company invests a great deal of time and energy in the development of innovative sustainable energy applications. In 2011, Essent therefore started a pilot location for this purpose that is intended to contribute to the development of a bio-based economy. According to Essent, innovation is the key to a sustainable energy transition. That is why the company invests a great deal of time and energy in the development of innovative sustainable energy applications. In 2011, Essent therefore started a pilot location for this purpose that is intended to contribute to the development of a bio-based economy. more[...]
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A Stakeholder Approach to Corporate Social Responsibility
Prof. Adam Lindgreen, University of CardiffA Stakeholder Approach to Corporate Social Responsibility provides a comprehensive collection of cutting-edge theories and research that can lead to a more multifaceted understanding of corporate social responsibility in its various forms, the pressures and conflicts that result from these different understandings, and some potential solutions for reconciling them. more[...]
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