A decade ago, corporate social responsibility had only just emerged on the agendas of businesses operating in Latin America. Corporate commitments were limited to the largest firms, usually the multinationals; public awareness and demand for corporate responsibility was low; governments were uninvolved; and civil society organizations promoting CSR were still new and, for the most part, funded from elsewhere. more[...]
It is difficult to generalize when examining companies’ social and environmental responsibility situations in Latin America, largely due to the economic, social, and cultural differences in the region. Mexico, Central America, the Caribbean, the Andean region, and Southern Cone share many similarities but are separated by many differences. In addition, similarities and differences also occur within the countries. 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[...]
We are witnessing an exciting global movement whereby philanthropists from both developed and emerging economies are using targeted and innovative approaches to address sustainable development. Today, strategic philanthropists are responsible for stimulating entrepreneurship and small business development in developing countries. These philanthropists are increasingly recognizing the importance of adopting a more business-like approach to philanthropy to maximize social and environmental returns of their philanthropic investments. Measuring impact is also a crucial component of successful philanthropy and has become more prominent globally. Evaluation helps to focus on results, ensures effective allocation of resources, and upholds accountability. more[...]
Philanthropy is about donating to charity without expecting a return. Companies have historically contributed to society in this way. Strategic philanthropy, which is a more modern approach, is about directing corporate giving to a cause that is aligned with the core business. Yet in the 21st century, strategic philanthropy does not suffice in providing leadership. There is a growing demand for companies to move beyond strategic philanthropy to modern community partnerships, co-creating solutions to pressing societal and environmental problems by contributing core competencies and truly aiming for impact. In the process, shared value creation for both society and the company is not only desirable for companies, but also to stakeholders. more[...]
Now in its fourth year, the survey provides insight into the individuals employed in this expanding marketplace, from the types of organisations they work for, to their job functions, salaries and career backgrounds. The results indicate a positive outlook for the sector in regard to salary, job security and job satisfaction. On average, those working in the Europe (excluding the UK) earn £69,000 followed by £68,010 for North America and £56,360 in the UK. more[...]
The UN Conference on Sustainable Development (Rio+20) provides an exceptional opportunity for swift policy action to accelerate and scale business solutions so 9 billion people can live well and within the limits of one planet by 2050. The World Business Council for Sustainable Development (WBCSD) today pressed governments to overcome their differences and to take decisive action now. more[...]
The 2012 Millennium Development Goals report, published last week, highlights the progress made towards some of these development targets. However, the UN experts pointed out a number of areas that must be addressed urgently, asking world governments to strengthen their efforts to achieve the MDGs while also ensuring that the post-2015 development agenda will be based on human rights obligations. more[...]
This joint Poverty-Environment Partnership paper aims to stimulate a dialogue among developing country policymakers, development partners and other stakeholders on how best to support country-led efforts to build inclusive green economies. more[...]
At the Rio+20 Conference, world leaders, along with thousands of participants from governments, the private sector, NGOs and other groups, will come together to shape how we can reduce poverty, advance social equity and ensure environmental protection on an ever more crowded planet to get to the future we want. more[...]
What on earth is Novozymes, a $1.8-billion industrial biotechnology company headquartered in Denmark, doing in Mozambique, a poor African country (per capita income: $440) where corruption is rampant and more than half of the government’s budget comes from foreign aid? more[...]
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