UNI and Corporate Social Responsibility

Presentation by Neil Anderson

UNI Head of Department

Telecom

Campaigns & Organising

UNI and Corporate Social Responsibility

There is no generally accepted definition of the term CSR.

It describes a wide range of economic, social and environmental initiatives by enterprises that go beyond legal requirements

Mostly voluntary in nature

UNI and Corporate Social Responsibility

Unions need to take action

WorldCom MCI

Enron

Parmalat

Global Crossing

UNI and Corporate Social Responsibility

Unions need to take action

Jobs

Pensions

Affects on the industry

Unfair competition

Sustainable development

Elimination of bribery and corruption

UNI and Corporate Social Responsibility

Ethical Corporation Survey91% of respondents believed effective CSR management creates shareholder value.

80% agreed non-financial indicators such as environmental and social performance indicators are essential to future financial performance

67% disagreed with the assertion that the “primary responsibility of corporations is to make money, and that all else is secondary.”

Over 60% of all respondents believe Codes of Conduct, Environmental Management Systems and Management Compensation Linked to CSR Performance to be the top three strategies important to effective CSR management.

Over 60% of the respondents viewed Reputation Risk, Employee Motivation and Satisfaction, and Brand Image as factors most important to building a business case and implementation of CSR policies.

Over half of all respondents held that much of corporate environmentalism is merely “Greenwash.”

When asked about what tools or tactics their companies were likely to adopt in order to manage CSR within the next 5 years, the most prevalent answer was “I don’t know”.

UNI and Corporate Social Responsibility

Several instruments available

Global Framework Agreements

Global Reporting Initiative (GRI)

OECD Multinational Guidelines

ILO Declaration on Multinationals

Global Compact

OECD Corporate Governance Guidelines

UNI and Corporate Social Responsibility

Several instruments available

The World Business Council For Sustainable Developmenthttp://www.wbcsd.org

CSR Europehttp://www.csreurope.org

GEMIhttp://www.gemi.org

The CERES Coalitionhttp://www.ceres.org

UNI and Corporate Social Responsibility

Essential Elements

Transparency

Labour standards, union rights and workers rights

Social and environmental concerns are integrated into the business operations eg. procurement

Independent verification of CSR performance

There is interaction with the stakeholders;

UNI and Corporate Social Responsibility

Global Framework Agreements

Telefónica

OTE

Carrefour

ISS

H&M

UNI and Corporate Social Responsibility

Global Framework Agreements

Give workers rights

Labour standards

Respect of workers

Social dialogue

Sustainable development

Respect for the environment

UNI and Corporate Social Responsibility

Global Reporting Initiative (GRI)

Multi-stakeholder: shareholders, customers, employees, communities

Core guidelines

Sector specific supplements

http://www.globalreporting.org

UNI and Corporate Social Responsibility

OECD Multinational Guidelines

Set of Principles which includes;

•Human Rights & Labour standards

•Bribery & corruption

•Contribute to economy & sustainable development

National contact points

http://www.oecd.org/

UNI and Corporate Social Responsibility

ILO Declaration on Multinationals

Child labour and Forced labour

Freedom of association

Collective bargaining

Non-discrimination and equal opportunity

Hours of work, Wages and Equal remuneration

Health and safety

Job security and Training

Disciplinary practice

http://www.ilo.org

UNI and Corporate Social Responsibility

Global Compact

Nine Principles

Human Rights

Labour Standards

The Environment

http://www.unglobalcompact.org

UNI and Corporate Social Responsibility

OECD Corporate Governance Guidelines

The rights of shareholders and key ownership functions

The equitable treatment of shareholders

The role of stakeholders in corporate governance

Disclosure and transparency

The responsibilities of the board

http://www.oecd.org/daf/corporate-affairs/

UNI and Corporate Social Responsibility

Other Issues That Need to Be Considered

Socially responsible investment (SRI)