The Integrity Network Initiative was established as a business-driven collective action network to strengthen integrity standards in the Egyptian business environment, to build the capacity of small and medium-sized enterprises (SMEs), and to tackle some of the most pressing corruption challenges affecting businesses in Egypt. It is implemented by the Egyptian Junior Business Association in cooperation with the United Nations Global Compact. more[...]
With a corporate goal to create sustainable value to all stakeholders by offering value-for-money services, AIA has implemented a successful development strategy in both its aeronautical and non-aeronautical sectors. With AIA’s operational success being based on stakeholder cooperation, the company operates in a socially and environmentally responsible way, providing stakeholders with an operating and working environment that meets the increasing demands regarding quality, safety, and security issues. more[...]
The registered trademark Alcantara® is the result of the unique and proprietary technology of Alcantara S.p.A., founded in 1972. Alcantara is a highly innovative material applied in various fields: fashion and accessories, automotive, interior design and home décor, as well as consumer electronics. Since the very beginning, the approach of Alcantara to sustainability has been “value beyond costs.” more[...]
Consultation does not happen spontaneously. But without it, we believe that it would no longer be possible to imagine the smallest project – even more so if it is an industrial project and a host region needs to be found. Rather, what is needed is the willingness to create – through consensus – the conditions under which a project can be sustainable, in accordance with a region’s own development aims. more[...]
A fixed component of our sustainability management is the continuous exchange with our stakeholders. more[...]
Als Howard R. Bowen 1953 über die „Responsibilities of a Businessman“ schrieb, war der Begriff des Stakeholders kaum bekannt und wurde von ihm auch nicht verwendet. Aber dass wirtschaftliches Handeln stets einen Rahmen von Verantwortlichkeiten aufspannt und der gesellschaftlichen Einbettung und Legitimation bedarf, war Bowen bereits klar. Mittlerweile hat sich das Bild komplett gewandelt: Selbst langjährige Befürworter einer bevorzugten Shareholder-Orientierung, wie der Wirtschaftswissenschaftler und Unternehmensberater Fredmund Malik (2011), halten mittlerweile eine einseitige Fokussierung auf Anteilseigner für einen Managementfehler. more[...]
Als Howard R. Bowen 1953 über die „Responsibilities of a Businessman“ schrieb, war der Begriff des Stakeholders kaum bekannt und wurde von ihm auch nicht verwendet. Aber dass wirtschaftliches Handeln stets einen Rahmen von Verantwortlichkeiten aufspannt und der gesellschaftlichen Einbettung und Legitimation bedarf, war Bowen bereits klar. Mittlerweile hat sich das Bild komplett gewandelt: Selbst langjährige Befürworter einer bevorzugten Shareholder-Orientierung, wie der Wirtschaftswissenschaftler und Unternehmensberater Fredmund Malik (2011), halten mittlerweile eine einseitige Fokussierung auf Anteilseigner für einen Managementfehler. more[...]
We are living in an era that has seen the key factors for corporate success change markedly in the span of just a few years. The boundary between business and society is fading, and the consequences are penetrating into the very core of corporate decision-making. A shift in attitude can already be observed in the higher echelons of many companies. Instead of placing their primary focus on shareholders, companies increasingly understand the importance of addressing the needs and expectations of a broader stakeholder base. The shift away from the classic shareholder value paradigm has made way for a new and more sustainable approach: stakeholder value. more[...]
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[...]
For nearly three decades, the TMS Group has been at the forefront of the fashion industry as a globally-based fashion and apparel innovator, with core competencies in research and development, product design, fashion-trend analysis, and production sourcing / quality management. With operational offices in seven countries, the TMS Group customer-base spans every continent. In alignment with Mission and Vision Statements, in the first quarter of 2013, the TMS Group expanded its global presence and operations with the opening of the regional office in Phnom Penh, Cambodia. With a foothold in Cambodia, the operations for both Cambodia and Vietnam can be managed. more[...]
The landscape of business and enterprise policy is subject to almost unparalleled change. An ever-increasing majority of corporate and institutional management boards find themselves operating in a networked world of interests and opportunities for influence. In addition to primary stakeholders such as shareholders, customers, suppliers, and employees, secondary and tertiary stakeholder groups are increasingly making regulatory, social, political, and ethical demands on businesses. 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[...]
The landscape of business and enterprise policy is subject to almost unparalleled change. An ever-increasing majority of corporate and institutional management boards find themselves operating in a networked world of interests and opportunities for influence. In addition to primary stakeholders such as shareholders, customers, suppliers, and employees, secondary and tertiary stakeholder groups are increasingly making regulatory, social, political, and ethical demands on businesses. more[...]
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