Responsible Business Guide: A Toolkit for Winning Companies

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RBG Responsible Business Guide: A Toolkit for Winning Companies the Ufficiale Ordine al Merito della Repubblica Italiana. He regularly participates in international programs including the SAARC Business Leaders Conclave, New Delhi, the India Today Conclave, New Delhi, and the Dubai Strategy Forum. Mr. Dawood has an MBA from the Kellogg School of Management, Northwestern University, USA, and a degree in Metallurgy from Sheffield University, UK. 5 Mr. Georg Kell, Executive Head of the United Nations Global Compact, New York oversees a network that includes several hundred companies, international labour, nongovernmental organizations and other civil society groups. With extensive experience in international trade and development issues, and is considered one of the chief architects of The Global Compact initiative, launched by Secretary-General Kofi Annan in July 2000 to promote good corporate citizenship and responsible globalization. Before joining the office of the UN Secretary General, Mr. Kell worked with the UN Conference on Trade and Development (UNCTAD) from 1987 to 1997, serving in senior positions and closely interacting with delegations and the UN General Assembly. Prior to joining the United Nations, he worked as a financial analyst in developing countries in Asia and Africa, appraising industrial projects for banks and multilateral institutions. With advanced degrees in Economics and Engineering from the Technical University in Berlin, Mr. Kell pursued postgraduate studies at the Fraunhofer Institute, and helped establish an industrial research institute in Tanzania. 6 Mr. Ernst Ligteringen is Chief Executive of the Global Reporting Initiative (GRI) since 2002, when GRI established its independent international Secretariat in Amsterdam. Ernst holds overall responsibility for GRI, including secretariat operations and the coordination of the worldwide GRI network of active stakeholders who participate in the GRI’s governance, working groups, reviews, and consultation processes. He is a member of GRI’s multistakeholder Board of Directors, which has charged the GRI with the mission of making sustainability reporting as relevant and mainstream as financial reporting. Before joining GRI, Mr. Ligteringen had a 23-year career in various non-governmental and international organizations, including Executive Director of Oxfam International; Director of Programme Coordination of the International Federation of the Red Cross and Red Crescent Societies; and Consultant to the World Commission on the Social Dimension of Globalization at the ILO, with postings and missions in Africa, the Caribbean, Latin America, Asia, Middle East and Europe. 7 Dr Sullivan, Executive Director, Center for International Private Enterprise (CIPE), is a member of the UN Global Compact Working Group on the Tenth Principle, the UN High-level Dialogue on Financing for Development, and the Middle East and North Africa-Organisation for Economic Co-operation and Development (OECD) Investment Program, and the World Bank Institute Collective Action anti-corruption working group. Under his leadership CIPE has developed a number of innovative approaches that link democratic development to market reforms: combating corruption, promoting corporate governance, building business associations, supporting the informal sector, and programs to assist women and youth entrepreneurs. He received a doctorate in political science from the University of Pittsburgh and is the author of numerous publications on the transition to democracy, corporate governance, and market-oriented democratic development. 58 Responsible Business Initiative
RBG Responsible Business Guide: A Toolkit for Winning Companies 8 Corporate Social Responsibility (CSR) has become a commonly accepted term, employed typically to describe a business enterprise’s duty to society and the actions a company takes to fulfil it demonstrably. A uniformly agreed definition of corporate social responsibility is still sought, even as a number of good working definitions are in use within their respective contexts. Recent studies in support this view include De George (2006), Blowfield and Frynas (2005), and Longo et al. (2005), are quoted by S. Jaseem Ahmed, (2006) in his paper on CSR in Pakistan. 9 Quote ascribed to Milton Friedman, Chicago School of Economics and 1976 Nobel Laureate, called by The Economist as "the most influential economist of the second half of the 20th century. . . possibly of all of it." 10 From Ambreen Waheed’s description of the historical evolution of CSR, “State of Evaluation of CSR in Pakistan”, Securities and Exchange Commission of Pakistan, 2005. 11 The “TBL Demonstration Project in South Asia”, supported by the United Nations Industrial Development Organization (UNIDO), had a number of pilot programs that were developed and implemented in India, Pakistan, Sri Lanka, and Thailand. The results clearly showed that when companies plan their processes with the environmental and social outcomes in mind and employ efficiencies and compliance parameters, financial performance improves. 12 Ascribed to Simon Zadek, Peter Raynard, and Cristiano Oliviero, being introduced in “Responsible Competitiveness: Reshaping Global Markets Through Responsible Business Practice”, published by Accountability, with Fundacao Dom Cabral, London in 2005, and subsequently expanded upon by Simon Zadek and Alex McGillivray in “The State of Responsible Competitiveness” published by AccountAbility, London in 2007, including a chapter by Ambreen Waheed and Faiz Shah. 13 Reflected in "Corporate Social and Financial Performance: A Meta-Analysis", Marc Orlitzky, Frank L. Schmidt, and Sara L. Rynes, University of Sydney and University of Iowa. 2004. http://www.finanzasostenibile.it/finanza/moskowitz2004.pdf, 14 Ibid. (Same as above) 15 Ethical Consumerism Report 2009. Co-operative Bank and Ethical Consumer Research Association (ECRA). 2009. http://www.goodwithmoney.co.uk/ethical-consumerism-report- 09/ 16 Between 1998 and 2009, RBI worked with over 70 leading companies, social enterprises across 10 key sectors, government- and UN agencies in the USA, Europe, the Middle East, South Asia, and the Asia-Pacific, conducting social audits, independent assessments, developing teaching cases and providing training and advisory services. RBI’s work has appeared in national strategies, position papers, CSR reports, course handbooks, textbooks, and corporate communications over the past decade. 17 Comments emerging from CIPE’s stakeholder dialogue in preparation for the RBG, informed by documentation of stakeholder engagements facilitated by RBI between 2003 and 2007, ranging from the GTZ-AVE Social Standards Roundtable sessions in all major cities of Pakistan, to the consultations organized for the Securities and Exchange Commission of Pakistan in preparation for the National CSR Strategy based on the “State of CSR in Pakistan”. Responsible Business Initiative 59
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