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Investing in a Sustainable Future
Editorial TeamThe Dansk Bank Group believes that a higher level of education and financial literacy is crucial in maintaining stable economic growth. In 2008, Danske Bank therefore established The Financial Literacy Programme (including initiatives for customers as well as non-customers from the age of 5 up to the age of 27) dedicated to improving the level of financial literacy education and therefore started with initiatives for children. more[...]
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Social Entrepreneurship in Times of Crisis
Mirjam Schöning, Schwaab Foundation"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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On the Eve of the MDG Review Summit
Anita Sharma, UN Millennium CampaignWhen they signed the Millennium Declaration in 2000, world leaders made an historic promise to work together to improve the lives of the world’s poorest people. With its clear goals and deadlines, the Millennium Development Goals (MDGs) created the first-ever global compact in which rich and developing countries acknowledged shared responsibility to end extreme poverty and its root causes. more[...]
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The Accountability Web: Weaving Corporate Accountability with Interactive Technologies
Bill BaueUsing Web 2.0 tools for corporate accountability makes inherent sense, as they share a common thread: Both are rooted in interaction and thrive on engagement. We call this intersection The Accountability Web, the title of the report we wrote last year during a research fellowship for the CSR Initiative at the Harvard Kennedy School. more[...]
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Global Core Labor Standards Are More Important Than Ever
Dr. Thomas Palley, New America FoundationFor much of the last decade, globalization was a leading issue of public policy debate, and global core labor standards (CLS) were the lead demand of critics of globalization. Now, with the world economy stuck in the deepest economic recession since the 1930s, attention to globalization and the need for labor standards has waned as people have become more concerned about jobs and economic recovery. more[...]
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Ethics and Business: Ensuring Credibility
Prof. Andreas Suchanek, Leipzig Graduate School of Management (HHL)"Ethics, in the form of a shared basic understanding of “right” values, such as dignity, freedom, justice, etc., are the foundation of the social market economy. Competition and legal foundations, both of which are essential for a market economy, lose their ability to function when people lose trust, and maintaining trust is always (also) a matter of the responsibility – or more generally: practiced values – of those active in the market economy." more[...]
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Do we need a new economic system?
Dr. Elmer LenzenIn 1933, representatives from 66 countries met in London to find a common solution to that era's global economic crisis. The idea: to have London send a signal for a new global financial system. The conference was a flop. On BBC Radio, economist John Maynard Keynes called it a complete yawn, and went on to say that conferences of this type usually ended in empty platitudes and ambiguous phras es. more[...]
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Corporate Responsibility in Times of Crisis
Georg Kell, United Nations Global Compact2008 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[...]
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