The 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[...]
WindMade™, 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[...]
The aviation industry’s share of global emissions of anthropogenic CO2 is around 2 percent, which is partly due to the continued growth of air transport. Since 2007, Air France-KLM has been implementing a “climate plan” – a strategy to aggregate the actions already undertaken within the Group in addition to further actions to fight climate change. more[...]
When former secretary-general Kofi Annan addressed business leaders at the World Economic Forum in Davos in 1999, he not only started to initiate the Global Compact, but also, at the same time, fundamentally redefined the relationship between the private sector and the United Nations (UN) system. After its operational launch in 2000, the Global Compact swiftly emerged as the world’s leading corporate responsibility initiative with currently close to 7,000 business and more than 3,000 nonbusiness participants in nearly 140 countries. more[...]
Having become a participant of the UN Global Compact in 2003, Groupe SEB is committed to respecting the Ten Principles of the agreement. For the Group, which has a presence in several continents, including Asia, it was necessary to find a tool capable of transforming this commitment in principle into a concrete reality. This would enable an evaluation of the manner in which these Principles were taken into account locally in each of the Group’s subsidiaries. Accordingly, in 2007 the Group adopted the HRCA Quick Check (Human Rights Compliance Assessment) – a self-assessment tool developed by the Danish Institute for Human Rights and supported by the United Nations. more[...]
With the design of the ISO 26000 norm, the ISO picked up suggestions proposed by their own consumer organizations pertaining to social responsibility in companies operating in global markets. ISO 26000 is not a management system standard. It is not intended or appropriate for certification purposes or regulatory or contractual use. more[...]
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