The Interaction of Companies with Local Communities

Social responsibility in international business has been the topic of much debate since the UN began studying the impact of multinational corporations on local business and local environments. This article by Alejandro Gorbato addresses more recent considerations of both public international law (including the UN and other public intergovernmental bodies) and more local considerations of Argentine mining law as an example of social responsibility. The author offers a dialogue on the interplay of prudent international business practices and compliance with emerging international and national laws governing “social responsibility” and “sustainability” in international investment and commerce.(Spanish and French versions also available)

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2010 3S Awards Event

The grand finale of the much awaited GSC 3S awards was held on February 8th, 2011. The awards night and dinner, hosted by Kaye Schole, was attended by an audience hailing from various countries like Poland, Spain, India and Canada. The 3S Awards intent was to showcase the brilliant examples of Sustainable and Socially responsible Sourcing practices that had made a difference to people, communities and the environment. The 3S awards provided a level playing field for organizations of varying sizes like Genpact and NH Hoteles to smaller local organizations like Distant Village Packaging and Vindhya e-Infomedia to demonstrate their roles in making a difference. READ MORE >>

Valuing Water: How Can Businesses Manage the Coming Scarcity?

Published: March 16, 2011 in Knowledge@Wharton

Water is a paradoxical commodity: It seems free and plentiful, yet its supply is under tremendous strain. Use of fresh water has more than doubled in the past 50 years, and many fear that we are coming close to a frightening breaking point, a world where chronic water shortages for farmers, businesses and people are the norm. Some experts even see international conflict emerging over access to dwindling supplies. Recognizing these concerns, companies are undertaking major programs to realign their water use with core business and humanitarian interests. But while objectives like being “water neutral” and using “footprinting” — tracking the use of water throughout the supply chain — are ambitious, what is being done to achieve them? Are these goals realistic, and will they have enough impact? This special report addresses these questions.

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GSC Announces Four International Winners of the Awards in Sustainable and Socially Responsible Sourcing

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NEW YORK, New York (February 14, 2011) – The Global Sourcing Council (GSC) announced the winners of the 2010 Awards in Sustainable and Socially Responsible Sourcing (3S Awards) on Tuesday, February 8, at a dinner and ceremony in Manhattan. The 3S Awards provide a platform to showcase global and domestic initiatives which promote sustainability and socially responsible sourcing practices. Read more