UNI and Corporate Social Responsibility

1. UNI and Corporate Social Responsibility Presentation by Neil Anderson UNI Head of Department Telecom Campaigns & Organising

2. UNI and Corporate Social Responsibility • There is no generally accepted definition of the term CSR. • It describes a widerange of economic, social and environmental initiatives by enterprises that go beyond legalrequirements • Mostly voluntary in nature

3. UNI and Corporate Social Responsibility • Unions need to take action • WorldCom MCI • Enron • Parmalat • Global Crossing

4. UNI and Corporate Social Responsibility • Unions need to take action • Jobs • Pensions • Affects on the industry • Unfair competition • Sustainable development • Elimination of bribery and corruption

5. UNI and Corporate Social Responsibility • Ethical Corporation Survey • 91% of respondents believed effective CSR management creates shareholder value. • 80% agreed non-financial indicators such as environmental and socialperformance indicators are essential to future financial performance • 67% disagreed with the assertion that the “primary responsibility ofcorporations is to make money, and that all else is secondary.” • Over 60% of all respondents believe Codes of Conduct, Environmental ManagementSystems and Management Compensation Linked to CSR Performance to be the top threestrategies important to effective CSR management. • Over 60% of the respondents viewed Reputation Risk, Employee Motivation andSatisfaction, and Brand Image as factors most important to building a business case andimplementation of CSR policies. • Over half of all respondents held that much of corporate environmentalism is merely“Greenwash.” • When asked about what tools or tactics their companies were likely to adopt in order tomanage CSR within the next 5 years, the most prevalent answer was “I don’t know”.

6. UNI and Corporate Social Responsibility • Several instruments available • Global Framework Agreements • Global Reporting Initiative (GRI) • OECD Multinational Guidelines • ILO Declaration on Multinationals • Global Compact • OECD Corporate Governance Guidelines

7. UNI and Corporate Social Responsibility • Several instruments available • The World Business Council For Sustainable Development http://www.wbcsd.org • CSR Europe http://www.csreurope.org • GEMI http://www.gemi.org • The CERES Coalition http://www.ceres.org

8. UNI and Corporate Social Responsibility Essential Elements • Transparency • Labour standards, union rights and workers rights • Social and environmental concerns are integrated into the business operations eg. procurement • Independent verification of CSR performance • There is interaction with the stakeholders;

9. UNI and Corporate Social Responsibility • Global Framework Agreements • Telefónica • OTE • Carrefour • ISS • H&M

10. UNI and Corporate Social Responsibility • Global Framework Agreements • Give workers rights • Labour standards • Respect of workers • Social dialogue • Sustainable development • Respect for the environment

11. UNI and Corporate Social Responsibility • Global Reporting Initiative (GRI) • Multi-stakeholder: shareholders, customers, employees, communities • Core guidelines • Sector specific supplements • http://www.globalreporting.org

12. UNI and Corporate Social Responsibility • OECD Multinational Guidelines • Set of Principles which includes; • Human Rights & Labour standards • Bribery & corruption • Contribute to economy & sustainable development • National contact points http://www.oecd.org/

13. UNI and Corporate Social Responsibility • ILO Declaration on Multinationals • Child labour and Forced labour • Freedom of association • Collective bargaining • Non-discrimination and equal opportunity • Hours of work, Wages and Equal remuneration • Health and safety • Job security and Training • Disciplinary practice • http://www.ilo.org

14. UNI and Corporate Social Responsibility • Global Compact • Nine Principles • Human Rights • Labour Standards • The Environment • http://www.unglobalcompact.org

15. UNI and Corporate Social Responsibility • OECD Corporate Governance Guidelines • The rights of shareholders and key ownership functions • The equitable treatment of shareholders • The role of stakeholders in corporate governance • Disclosure and transparency • The responsibilities of the board http://www.oecd.org/daf/corporate-affairs/

16. UNI and Corporate Social Responsibility • Other Issues That Need to Be Considered • Socially responsible investment (SRI)