Since 2004, privatization and economic reforms in Egypt, especially in the banking sector, have spurred active engagement and responsibility toward communities and in the country at large. The banking sector’s current capacity and capital remain significant when comparing its role in social and environment development. The Arab African International Bank (AAIB)’s experience offers a successful trendsetting model concerning the role of banks in affecting the growth of new industries and the economy at large. more[...]
Banca Popolare di Sondrio celebrates each year the concept of saving and the importance of good management of money – not only for individuals, but for the whole community. more[...]
Since its founding in 1996, Sayga has fundamentally changed the landscape of the milling and baking industry in Sudan. It has transformed a sector that relied on hand-ground, low-quality wheat imported in limited quantities into a revolutionized arena led by a responsible business committed to creating shared value for all its stakeholders. Along with producing healthy, affordable, and accessible staple foods, this approach has resulted in an improved quality of life for industry workers and consumers, and solidified Sayga’s position as a leader in the baking industry. more[...]
Social enterprises are organizations that apply commercial strategies toward resolving societal issues with sustainable business models. This new group of change agents can provide a meaningful alternative to existing approaches for achieving inclusive growth and sustainable development. Social enterprise – with the appropriate support based on effective policies and cross-sectoral collaboration – can further contribute toward addressing many of the complex social issues that we face. more[...]
As the first company to launch mobile banking in Brazil, the Bank strengthens its strategy of expanding mobility services. more[...]
For the last 20 years, the international development debate has been dominated by two trends that seem, at first, to be heading in a similar direction. However, under closer scrutiny, they differ with respect to their focus and underlying philosophies. On the one hand, there is the agenda of reducing poverty in developing countries in its various dimensions, which found its expression in the Millennium Development Goals (MDGs). On the other hand, there is the idea of sustainability that became popular at the Earth Summit in Rio de Janeiro in 1992 and that, at the Rio+20 summit in 2012, generated a parallel concept to the MDGs: the so-called Sustainable Development Goals (SDGs). more[...]
In May 2013, Nestlé signed up to the Women’s Empowerment Principles: a partnership initiative between UN Women and the UN Global Compact comprising a set of seven steps that business can take to advance gender equality and empower women. more[...]
Deutsche Post DHL has been partnering with SOS Children’s Villages since 2011 in an initiative to help disadvantaged young people bridge the gap to the world of employment. In Brazil, one of the original four pilot countries, the program has flourished by employing a unique approach in which local DHL employees from all levels volunteer their time in hands-on workshops to tutor and mentor youth from the favelas. This not only provides inspiration and role models for the kids, but is also a valuable and eye-opening experience for the employees. The initiative has been so successful that it has spread to 14 countries, with another 10 to be added during 2014, and more on the horizon. more[...]
AYA Bank has strived to become a “trusted partner” for everyone in the community and all its stakeholders, as its slogan indicates. To effectively become a partner that everyone trusts, AYA Bank believes in committing to the Ten Principles of the United Nations Global Compact as part of its strategy and practice, focusing on fulfilling its corporate social responsibilities to the community it serves. more[...]
ACCIONA’s business model is tightly linked to sustainability. ACCIONA’s 2015 Sustainability Master Plan states that each new international project must be backed up by a social impact assessment. The point is to ensure respectful and efficient interaction with local communities, mitigate risks, and improve the company’s relationships with the communities where it operates. As a flagship of ACCIONA’s commitment to the local residents of project areas, one could do no better than to look to the Mexican state of Oaxaca, where the company has four wind farms, and to Brisbane, Australia, where ACCIONA is participating in the construction and operation of the Legacy Way Tunnel. more[...]
For many years Africa is the hotspot for hunger and conflicts. But besite all these troubles ether is also a change for change and hope arising. More countries become aware of the ptential CSR has and include corporate responsibility as a fundanetla brickstone for developing citizenship. Our special illustrates variuos aspects. more[...]
Multistakeholder initiatives such as the UN Global Compact organize their participants in specific ways. Most importantly, they have to bridge global (universal) principles and local (contextualized) implementation practices. Some initiatives have responded to this need by creating a nested network structure – that is, local networks that are embedded into a wider global “network of networks.” The UN Global Compact, for instance, has more than 100 local networks, which are connected through regional hubs, the Annual Local Network Forum, and interactions with the Global Compact Office. Stakeholder dialogue and collective action are emerging both within and among such networks. more[...]
For Sanofi, as a global healthcare partner, improving access to healthcare for the most disadvantaged patients is pivotal to its corporate social responsibility approach. At the core of this commitment is the long-term partnership with the World Health Organization (WHO) to control a group of debilitating infectious diseases, called “neglected tropical diseases,” which affect mostly poor people in developing countries. Since the partnership began, in 2001, more than 20 million people in sub-Saharan Africa have been screened for sleeping sickness, and more than 170,000 patients have received free treatment for what is a fatal disease, if left untreated. This partnership has put the elimination of sleeping sickness within reach – a prospect that was unthinkable a decade ago. more[...]
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