Engaging Business in Social Responsibility

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Comment by Raghu Bir Bista on February 1, 2010 at 4:46pm

Corporate Social Responsibility should be obligatory to the corporate sector. Otherwise, asymmetric information and moral hazard situation will erode this, which is a hope in developing countries for employment and poverty reduction

Comment by Emma Wilson on June 29, 2009 at 11:20am

People might be interested in this report from IIED 'Access to Sustainable Energy: What Role for International Oil and Gas Companies (Focus on Nigeria)' [http://www.iied.org/pubs/display.php?o=16022IIED&n=1&l=12&a=E%20Wilson] We discuss the role of IOCs in enhancing local access to sustainable energy, including issues around social responsibility, community investment and policy engagement. We discuss a range of energy areas where IOCs could have an impact, from utilisation of flared gas to investment in renewables. Would be great to get feedback from this forum!

Comment by George Lepuha Faka'osi on June 27, 2009 at 10:39pm

Good morning from the Kingdom of Tonga Alan!

I would like to kindly express, from a business/policy perspective the linkages between govt,business and the community etc.. whether we function in a monarchist governed state or a fully democratic governed state, majority of governments have a work plan or at least a national strategic development plan of which should be the platform for economic development advancement.

The point i would like to make clear is as follows; happy is the nation of which construct a national strategic development plan of which lean emphases on developing the private sector and encouraging private sector leadership of which monarchist states do not have to contest for via elections etc they''re are born in to obligation to serve the nation and its people, we have seen the usage of a political agenda to bring a party into power but not follow through with campaigned promises and its main objectives hence not being careful with the nations economic agenda of which is of paramount importance.

On that note, social responsibility becomes ever so vital for the existence of a business or a government of the day, in this context, because in this modern era the community, consumers and the environment are very sensitive and also of paramount importance. So to engage business in social responsibility is vital and will breathe longevity into the lifespan of ones business! Because in the end of the day, consumers, community, government of the day etc..make or break, construct or deconstruct the viability of ones business.

Lets get behind this team!

Comment by John ALI on June 20, 2009 at 3:21pm

Hi Alan, I belive strongly that it is better late than never, there have been several discussions in various countries across the globe about participatory democracy, democratic tendecies and practices that create the platform for each and every individual to meaningfully contribute to the development and well being of the society at large. It is quite clear that businesses do not operate in isolation, their activities affect the people and the environment within which they operate and same way the people's activities affect the business in a way. Therefore people within the larger environment that these businesses operate are some how shareholders or stakeholders of such businesses. It is in these regard and many more that I think that social responsibilities of businesses is a must and for the interest of the company. For instance businesses that support scholarship schemes might end up training somebody who may have interest in managing that business in the near future.

Comment by MARGARET ESSIEN on May 14, 2009 at 3:15pm

Hi Alan, its a delight to join this group. My concern really is the issue of substituting CSR for Philantrophy especially in Nigeria. We still have trumpheted donation bein labelled as CSR and because the government care less about its people (only interested in enriching themselves) the private sector is being looked up to assit in provision of social amenities. That why 'community investment 'investment is prevalent in this part.

Pls let all group member's share CSR practises in their various countires and let othere benefit from this knowledge.

Meg

Comment by MARGARET ESSIEN on May 14, 2009 at 3:15pm

Hi Alan, its a delight to join this group. My concern really is the issue of substituting CSR for Philantrophy especially in Nigeria. We still have trumpheted donation bein labelled as CSR and because the government care less about its people (only interested in enriching themselves) the private sector is being looked up to assit in provision of social amenities. That why 'community investmenty'investment is prevalent in this part.

Pls let all group member's share CSR practises in their various countires and let othere benefit from this knowledge.

Meg

Comment by Erna Sittig on November 13, 2008 at 9:02am

Good morning Alan, it would be great to be able to read more about your discussions at you September meeting, and to look at possible ways of participating via new technologies the next time???