Home
About us
Projects
Publications
Newsletters
Conferences
Media
News
Contact
Search
Login
News
Search
Sign up for Newsletter
28 November 2008
SRI-Adviser: Business Can Take Leading Role in Alleviating Poverty
Source: www.sri-advisor.com
by Robert Kropp
Report by WBCSD notes increasing reliance on business as a partner with government and NGOs in sustainable development in developing countries.
World population is expected to level off at nine billion within the next fifty years or so. By 2050, 85% of the population will live in what are now considered developing countries.
Almost half of the world’s population survives on the equivalent of less than $2 a day. And the gap between rich and poor countries continues to widen; the richest 20% of the world’s population control three-quarters of the world’s wealth, while the poorest 20% control just 2%.
The World Business Council for Sustainable Development (WBCSD), a global association of 200 companies dealing exclusively with business and sustainable development, has produced a report that sees in such dire statistics an opportunity to do business in new ways. The report, developed by the WBCSD Development Focus Area and entitled "Doing Business with the World--The New Role of Corporate Leadership in Global Development", finds that "companies can contribute to global sustainable development through their core businesses in a way that is profitable for the companies and good for development."
The key to alleviation of poverty is the creation of wealth, the report concludes, and business is a necessary part of the equation. By engaging with low-income segments of developing countries through direct employment and sourcing from low-income suppliers, companies can tap into a market that despite its poverty represents an estimated collective purchasing power of $5 trillion.
The report finds that for sustainable investors and other private providers of finance, investment in new markets with significant growth potential will help developing countries generate capital rather than simply use investment funds to service debt repayments.
While business can contribute much to the cause of poverty alleviation in developing countries, it cannot succeed without an effective regulatory framework, which only governments can provide. Through policies and legislation that encourage investment and engagement on the part of large corporations, governments can provide that framework, the report concludes.
News
28 November 2008
DI: Byt motiv för att investera grönt [Change Motives for Investing Green]
26 November 2008
Global Pensions: A growing problem
24 November 2008
SocialFunds: 2008 Accountability Rating - Companies Addressing Social and Environmental Aspects
21 November 2008
SRI-Adviser: Shareowners Prepare for the 2009 Proxy Season
20 November 2008
Ceres: Strategies for Harnessing Foundation Investments to Solve Climate Crisis
20 November 2008
SocialFunds: Ceres Joins Forces with Five Leading US Companies in New Climate Change Coalition
18 November 2008
SRI-Adviser: New Index Will Track Pure-Play Environmental Companies
18 November 2008
NASDAQ OMX and GES launch first Nordic sustainability index
17 November 2008
SocialFunds: SRI Funds Post Losses, But Hold Their Own in Relative Performance
17 November 2008
Int'' Herald Tribune: Investment funds'' dilemma: Environment or profit
[
1
][
2
][
3
][
4
][
5
][
6
][
7
][
8
][
9
][
10
][
11
][
12
][
13
][
14
][
15
][
16
][
17
][
18
][
19
][
20
][
21
][
22
][
23
][
24
][
25
][
26
][
27
][
28
][
29
][
30
][
31
][
32
][
33
][
34
][
35
][
36
][
37
][
38
][
39
][
40
][
41
][
42
][
43
][
44
][
45
][
46
][
47
][
48
][
49
][
50
][
51
][
52
][
53
][
54
][
55
][
56
][
57
][
58
][
59
][
60
][
61
][
62
][
63
][
64
][
65
][
66
][
67
][
68
][
69
][
70
][
71
][
72
][
73
][
74
][
75
][
76
][
77
][
78
][
79
][
80
][
81
][
82
][
83
][
84
][
85
][
86
][
87
][
88
][
89
][
90
][
91
][
92
][
93
][
94
][
95
][
96
][
97
][
98
][
99
][
100
][
101
][
102
][
103
][
104
][
105
][
106
][
107
][
108
][
109
][
110
][
111
][
112
][
113
][
114
][
115
][
116
][
117
][
118
][
119
][
120
][
121
][
122
][
123
][
124
][
125
][
126
][
127
][
128
][
129
][
130
][
131
][
132
][
133
][
134
][
135
][
136
]
Sustainable Investment Research Platform
Provided by Webforum