Post on 10-Jan-2016
transcript
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Business, sustainable development
and the MDGs:A changing landscape
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Understanding what drives business
In a 1999 survey of 4000 Europeans, 86% said they would be more likely to buy a product from a company “engaged in activities to help improve society”.
Fleishman Hillard, 1999, Consumers Demand Companies with a Conscience
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Trust in business?
2003 survey on confidence in institutions
% of 19,000 surveyed that said they had a lot orsome trust in:
NGOs 65%United Nations 59%National governments 53%Large domestic companies 52%Press 50%Trade Unions 48%Global corporations 42%
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Views of business & sustainable development
Total 180 respondents; 71% attended WSSDCompanies – 58%; Others – 42%
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Views of business & sustainable development
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Views of business & sustainable development
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Views of business & sustainable development
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Views of business & sustainable development
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Views of business & sustainable development
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Views of business & sustainable development
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Views of business & sustainable development
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Business motivations?
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Cross sector partnerships
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Cross sector partnerships
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Cross sector partnerships
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Cross sector partnerships
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Business and MDGs
Achieving MDGs will require greater & more equitable economic growth – through responsible investments and entrepreneurship
Private sector central in addressing specific development challenges – creative private sector solutions to telecommunications, energy / electricity, financial services, water and sanitation etc.
Engaging the 4 billion at the “base of the economic pyramid”, is enormous untapped business opportunity
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Why MDGs are important to business
Three main reasons:
Investing in a sound environment in which to do business
Managing the direct costs and risks of doingbusiness
Harnessing new business opportunities
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
How business can impact MDGs
1. Corporate social responsibility
2. Core business – sustainable business
3. Policy dialogue, advocacy
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
1. Corporate Social Responsibility
…reflects a changing relationship between businessand society
CSR is:“The continuing commitment by business to behave ethically and contribute to economic development while improving the quality of lifeof the workforce and their families as well as of the local community and society at large.”
World Business Council for Sustainable Development
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Corporate Social ResponsibilityMain Issues
How business handle: Human rights Environment Labor rights Working conditions Transparency / corruption Fair competitive behavior Responsible marketing
Etc.
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Corporate Social ResponsibilityWhat can companies do? Social investments:
1. PEOPLE – advisors, volunteers, secondments
2. MONEY – grants, loans, venture capital, equity
3. PRODUCTS AND SERVICES – donations, “at cost”,
social marketing
4. COMPETENCIES – technical, managerial, training
courses, work experience
5. FACILITIES – premises, equipment
6. ACCESS TO BUSINESS NETWORKS and decision-
makers
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Behaving responsibly improves business’:
Reputation management Relationships with society, investors Resource efficiency – cost savings Responsiveness Recruitment of motivated employees Risk management Identify new business opportunities
= Business Case
Corporate responsibility helps build stronger societies, economies and new markets
Corporate Social ResponsibilityThe business case
Sustainable businessvalue
Competitiveness
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
2. Core business
Products and services: How sourcing, manufacturing, distribution, pricing etc. of products and services can either contribute to or impede the MDGs
Policies and practicesHow policies and practices in areas such as ethics, the environment, health and safety, human rights, labour relations, human resource management either impede or contribute to MDGs?
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Investment and income flows Employment Goods and services Human resources Infrastructure Technology transfer Standards, business practices Local business development
2. Core business activitiesImpact on development
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
2. Core business - Sustainable business
Emerging concept – enterprises deliver appropriate, affordable products & services that meet real needs (energy, telecom, consumer products, basic services etc.)Ex:
Hindustan LeverGrameen Phone
New way of doing business – new business models require stakeholder engagement / partnerships
Pilot experiences: WBCSD, UNDP / Global Compact, “base of the pyramid” thinking
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Developmentbenefits
Business benefits
Philanthropy
Strategic CSR
SustainableBusiness partnerships
Business & developmentbenefits
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
Development / CSR
Active Civil Society
Healthy Environment
PoliticalStability
TrainedWork Force
Fair and HonestRegulatoryInstitutions
Rule ofLaw
AccountableGovernment
PeaceSoundEconomy
UNDP and Business:Overlapping interests
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
What?
UNDP & the Business Sector Bureau for Resources and Strategic Partnerships
What?
1) Outreach & advocacy on CSR
2) Policy dialogues - business role in development
3) Partnership projects around development issues
4) Facilitating sustainable investments and
private delivery of basic services
Types of engagement / partnerships with business
GLOBAL LEVEL COUNTRY LEVEL
Multi-sectorpartnerships