Pump manufacturer Grundfos has faced up to its role in industrial energy overconsumption and the CO2 emissions that produces. The company’s response has been to rehabilitate its products from being energy offenders to a genuine part of the solution. In the spirit of the Global Compact, Grundfos has also taken an active role in advocating the role of business in promoting greater environmental responsibility and developing environmentally friendly technologies more[...]
Sixty years of continuous giving that is rooted in the beliefs and values of the founders is what distinguishes CCC and makes it unique among other companies. Even before the term “corporate social responsibility” became quite popular in recent years, the CCC founders put giving and care for the communities, employees, and their families as some of their core values, which they have been practicing throughout the history of the company. Their continuous giving to their communities, employees, and their families has left its mark on the thousands of people who have felt their support throughout the years. Their compassion and philanthropic deeds may have grown out of the hardships they experienced in their early years; however, becoming one of the most affluent companies in the world had just multiplied these humanitarian acts. more[...]
This article reviews the interdisciplinary literature on the UN Global Compact. The review identifies three research perspectives, which scholars have used to study the UN Global Compact so far: a historical perspective discussing the Global Compact in the context of UN-business relations, an operational perspective discussing the composition and impact of its participants, as well as a governance perspective discussing the constraints and opportunities of the initiative as an institutionalized arena for addressing global governance gaps. The authors contrast these three perspectives and identify key empirical as well as conceptual scholarly contributions. The remainder of this article contains focused summaries of the articles selected for this Special Issue. All articles are introduced and evaluated against the background of the three research perspectives. more[...]
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