With the integration of Cognis and its active ingredients business, Laboratoires Sérobiologiques (LS), BASF has broadened its product portfolio based on renewable raw materials in the last years. One of renewable raw materials is Argan oil from Morocco. 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[...]
Global youth unemployment stands at record levels and significantly outstrips that of joblessness rates for other age groups. Everywhere you look, the numbers are deeply troubling. The latest statistics from the International Labour Organization put the global youth unemployment rate at more than 81 million workers – 40 percent of the total unemployed. The developing world, with generally younger populations, is disproportionately affected. According to the ILO, the highest regional youth unemployment rates exist in the Middle East and North Africa, where close to one out of every four young people are out of work. more[...]
People in over 150 countries all around the world – including men and women of many different backgrounds, individual lifestyles, and generations – are working for Bosch. This diversity brings real benefits for our company, and it is essential for our successful business performance in the long term. Numerous studies have shown that increased diversity leads to more innovation, better problem-solving, and greater creativity. more[...]
Like most other countries across the globe, Korea has many issues to tackle regarding the widening gap between education and wealth levels. To narrow the gap, SK has enacted a wide range of social activities as well as made efforts to drive economic growth as a responsible corporate citizen. But in the process of undertaking such activities, SK soon realized that simple acts of charity are not enough to find an efficient solution to the deep-rooted malaise in society, and that a social enterprise can be a mechanism to address pressing issues and create sustainable values. As the first step toward utilizing such a valuable tool, SK raised KRW 50 billion in 2009 to support social enterprises on a large scale. 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[...]
Labaton Sucharow LLP announced the results of its survey of 500 financial services professionals across the United States and United Kingdom. Conducted by Populus in June, Wall Street, Fleet Street and Main Street: Corporate Integrity at a Crossroads reveals startling data on corporate ethics, the regulatory landscape, and individuals' willingness to blow the whistle on wrongdoing. more[...]
Labor standards, human rights, environmental conservation, and transparency – the core issues of the United Nations Global Compact are especially vital in the developing economies. Latin America and the Caribbean are remarkable examples. “El Pacto Mundial en América Latina y el Caribe. Memorias 2011: Informe de Gestión,” a publication of the Global Compact Regional Center, gives a detailed view on the present situation of the Global Compact in Latin America and the Caribbean. more[...]
Joëlle Vanhamme is Professor of Marketing at the Edhec Business School in France. more[...]
Top corporate governance experts discuss latest research in emerging markets. Yishay Yafeh is an associate professor at Hebrew University’s School of Business Administration. more[...]
TeliaSonera has engaged the Danish Institute for Human Rights to support and review its human rights impact assessment. DIHR will develop a tool tailored to TeliaSonera and its human rights risk profile. It will include freedom of expression and privacy issues and be benchmarked on the United Nations Guiding Principles on Business and Human Rights. DIHR will also assess TeliaSonera’s consequential mitigation plan. more[...]
In June, several senior leaders and practitioners from Deloitte Touche Tohmatsu Limited and its member firms attended Rio+20 (formally called the United Nations Conference on Sustainable Development), the UN Global Compact's Corporate Sustainability Forum, Business Action for Sustainable Development 2012's Business Day, and various side meetings for business and civil society. more[...]
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