Submitted by Edelman
Key findings of the survey, Business and International Development: Opportunities, Responsibilities and Expectations, include:
Jane Nelson, director of the Corporate Social Responsibility Initiative at Harvard's Kennedy School of Government, noted, "Over the last ten to fifteen years, leading companies have learned the value of engaging and partnering with stakeholders around various aspects of their sustainability and ethical business strategies. It is encouraging to see that companies - and NGOs - also recognize the critical role that partnerships can play around leveraging business' role in developing countries."
Adrian Hodges, Managing Director of the Prince of Wales International Business Leaders Forum, added, "The research findings indicate that thanks to the growing ranks of responsible companies and responsible NGOs, we are moving away from an era too often dominated by the focus on 'what business should not do' to a period which recognizes 'what business can do'. This shift in mood will have the most impact if companies are given appropriate incentives to invest in different business models and new markets, and if civil society and public sector partners are willing to come to forward to form partnerships for common goals."
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The Corporate Social Responsibility Initiative at the Kennedy School of Government (KSG) is a multi-disciplinary and multi-stakeholder program that seeks to study and enhance the public role of the private enterprise. It focuses on exploring the intersection between corporate responsibility, corporate governance and strategy, public policy, and the media. The initiative aims to bridge the gap between theory and practice, encourage innovation, build leadership skills and support constructive dialogue and collaboration between different sectors.
The Prince of Wales International Business Leaders Forum (IBLF) is a not-for-profit organization established in 1990 to promote responsible business leadership and partnerships for international development. With a membership of over 80 member companies from around the world, IBLF works in over 50 countries mobilizing visionary leadership and engaging the capabilities of companies in creating innovative and sustainable development solutions.
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