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Improving the Working Environment
Gerhard Teschl, Danfoss
DanfossIn August 2006, Danfoss acquired the factory of Chinese company Qinbao, a manufacturer of brazed plate heat exchangers that is located in Hangzhou, approximately 150 km southwest of Shanghai. more[...]
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How Can We Do Good and Do Well? Just Ask!
Editorial TeamThere’s an ancient Chinese proverb that goes something like, “Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime.” more[...]
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How Can We Do Good and Do Well? Just Ask!
Frank Stokes, AMECThere’s an ancient Chinese proverb that goes something like, “Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime.” The message is clear: Education has a longer-lasting benefit than charitable donations alone. more[...]
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Action In the Supply Chain
Dr. Alexandra Hildebrandt
Arcandor AGSince the nineties, retailers have been paying more and more attention to social Responsibility in the Supply Chain. As there was extensive agreement on establishing common criteria of their individual procurement guidelines, it was only logical for them to pursue a cooperative effort. Originally under the umbrella of the Foreign Trade Association of the German Retail Trade (AVE), these efforts developed at the European level into the Business Social Compliance Initiative (BSCI). more[...]
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Indigenously Produced Organic Fruit
Gerd Pfitzenmeier“Without the cooperation with the indigenous people,” Xavier Richard knows, “our company would never have been able to thrive as it has.” Since its establishment in 1987, Amazon Caribbean Ltd. (Amcar) has relied on the efforts of thousands of indigenous people from the Arawack, Warrau and Carib tribes in Guyana. In the jungle of the Barima-Waini Basin, they collect the raw materials for Amcar’s products: hearts of palm and pineapple. “Our mission,” the company states accordingly, “is to generate, in partnership with the people in Guyana, economic value added from naturally growing products.” more[...]
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Carrying the Torch for Global Compact Principles
Stephan Howeg, Adecco Group
Lilian Furrer
Adecco GroupThe availability, nature and conditions of work are central to the wellbeing of individuals, families, economies and societies the world-over. ‘Work’ is the core business of Adecco Group, the world’s leading provider of HR solutions, with over 31,000 people dedicated to enabling more than 500,000 colleagues to work every day with clients in over 60 countries. more[...]
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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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Danske-Bank-Investing-In-A-Sustainable-Future
Charlotte Bengt Petersen, Danske Bank GroupThe importance of access to education and learning is underscored in the global human rights that form the foundation for the Principles of the UN Global Compact. Education is a key factor in strengthening an individual’s capabilities and wherewithal, and financial literacy is an essential component in that regard. At the Danske Bank Group, we also believe that financial education and ethical guidelines are the path to personal prosperity and sustainable growth in the future. That is why in 2007 we developed our Financial Literacy Programme, which consists of a number of learning activities for children and young adults from the ages of 5 to 27. 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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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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Can Corporate Social Responsibility Lessen the Impact of a Crisis or Lead to a Faster Recovery?
Craig Badings, Cannings Corporate CommunicationsToo often, corporate social responsibility (CSR) is driven by social or government pressure, the fear of possible negative publicity, or the expectations that the financial markets have of listed companies. more[...]
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Has the Triple Bottom Line Failed, Mr. Elkington?
John Elkington, SustainAbilitySuccess and failure are relative, of course, reflecting initial expectations and ambitions. In coining terms like “environmental excellence” (1984), “green consumer” (1986), or “triple bottom line” (1994), I was simply trying to help us all expand our minds for new possibilities. more[...]
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