110 likes | 293 Views
Opportunities for Partnership with Private Sector – Corporate Social Responsibility. United Nations Development Programme. What is a company?. A predatory tiger to be shot. A cow to be milked. The strong horse that pulls the whole cart. Business. The problem. Part of the solution.
E N D
Opportunities for Partnership with Private Sector – Corporate Social Responsibility United Nations Development Programme
What is a company? A predatory tiger to be shot A cow to be milked The strong horse that pulls the whole cart
Business • The problem • Part of the solution • A precondition for reaching the MDGs
Business • How can business contribute? • Companies see opportunities - others don’t!
Challenges • Massive pressure to operate efficiently and to deliver shareholder value in an period of increased competition, economic downturn and uncertainty • Growing pressure to operate accountably and transparently in a period of increased global activism and public distrust • Growing pressure to operate ethically and deliver societal value in a period of increased global challenges and expectations
Boundaries: The role of business • Acting lawfully • Producing safe products and services • Paying taxes • Providing investment • Creating opportunities for wealth creation • Commercializing new technologies • Minimizing negative social and environmental impacts • Contributing to local communities
Boundaries: The role of business • In many developing countries the daily challenges are created by: • Inadequate legal frameworks and governance structures • Weak, authoritarian, or failing public sector institutions • Bribery and corruption • Human rights violations • High levels of poverty and inequality • Lack of access to basic services • Strict press controls • Existing or potential civil conflict • Antagonism towards foreign investors and western consumerism
Boundaries Do good Do no harm Business
The concept of CSR Multi-dimensional!
The concept of CSR Sustainability vs Protectionism Regulation vs Voluntarism Reporting vs Action Accountability vs Taking Responsibility Quantitative vs Qualitative Standard vs Unique Transparent vs Verification
The commercial interests • Just as the private sector is critical to the future of the developing world, the developing world is critical to the future of big business. • Four out of every five consumers already live there • 82 million of the 83 million people being added to the planet every year are in developing countries