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Bremerholm 4 DK-1069 Copenhagen K Phone: +45 33 63 75 00 Fax: +45 33 32 25 24 E-mail: ifu@ifu.dk

DANISH CHURCH AID CONFERENCE 23 FEBRUARY 2006 CSR, POVERTY AND HUNGER Sven Riskær, IFU. Bremerholm 4 DK-1069 Copenhagen K Phone: +45 33 63 75 00 Fax: +45 33 32 25 24 E-mail: ifu@ifu.dk Website: www.ifu.dk. Mission Statement.

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Bremerholm 4 DK-1069 Copenhagen K Phone: +45 33 63 75 00 Fax: +45 33 32 25 24 E-mail: ifu@ifu.dk

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  1. DANISH CHURCH AID CONFERENCE 23 FEBRUARY 2006 CSR, POVERTY AND HUNGER Sven Riskær, IFU Bremerholm 4 DK-1069 Copenhagen K Phone: +45 33 63 75 00 Fax: +45 33 32 25 24 E-mail: ifu@ifu.dk Website: www.ifu.dk

  2. Mission Statement • To enhance global economic growth, development and more equitable income distribution through increased global flow of socially and environmentally responsible, productive investments making optimal use of comparative advantages.

  3. Funds’ CSR Policy - Overview Corporate Social Responsibility (CSR) Policy CSR Operational Guidelines and Procedures Specific Guidelines:: 1: HIV/AIDS Guidelines 2: Animal Welfare Guidelines 3: Big Scale Pig Production Guidelines

  4. Funds’ CSR Policy (statement) • For Funds and for projects in cooperation with partners. • Values and procedures also after Funds’ exit. • Comply with host country’s regulations, but benchmark critical areas against Danish or international standards. • Values from basic set of international conventions – 10 Global Compact Principles. • Transparency, accountability and information – funds and projects.

  5. CSR Guidelines & Procedures/Prestart • 1. Active cooperation with responsible partners. • 2. Benchmarking local regulations against Danish or international standards – identifying critical risks and impacts – HRCA/Quick-check. • 3. Use experienced DK partners CSR policies – to focus on less experienced partners.

  6. CSR Guidelines & Procedures/Operation • 1. Best Judgement Declaration from DK partners – joint CSR actionplan for improvements – and annual CSR status reports (at post-investment stage). • 2. Project companies establish own CSR policy to secure follow-up also after Funds’ exit. • 3. Specific: HIV/AIDS, animal welfare, big scale pig farms.

  7. Inequality – DK and world

  8. Poverty – Ups and Downs(less than $1 a day)

  9. CSR and Philanthropy – job sharing • NGO to enhance sub-suppliers • NGO to provide community services in collaboration with companies • Insist on 0.7% target for ODA (J. Sachs)

  10. Lessons Learned • Investment • is better than • Invasion

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