UNI and Corporate Social Responsibility

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UNI and Corporate Social Responsibility
Presentation by Neil Anderson UNI Head of
Department Telecom Campaigns Organising
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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

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UNI and Corporate Social Responsibility

• Unions need to take action
• WorldCom MCI
• Enron
• Parmalat
• Global Crossing

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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

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UNI and Corporate Social Responsibility

• Ethical Corporation Survey
• 91 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 dont know.

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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

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UNI and Corporate Social Responsibility

• Several instruments available
• The World Business Council For Sustainable
  Development
• http//www.wbcsd.org
• CSR Europe
• http//www.csreurope.org
• GEMI
• http//www.gemi.org
• The CERES Coalition
• http//www.ceres.org

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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

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UNI and Corporate Social Responsibility

• Global Framework Agreements
• Telefónica
• OTE
• Carrefour
• ISS
• HM

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UNI and Corporate Social Responsibility

• Global Framework Agreements
• Give workers rights
• Labour standards
• Respect of workers
• Social dialogue
• Sustainable development
• Respect for the environment

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UNI and Corporate Social Responsibility

• Global Reporting Initiative (GRI)
• Multi-stakeholder shareholders, customers,
  employees, communities
• Core guidelines
• Sector specific supplements
• http//www.globalreporting.org

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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/

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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

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UNI and Corporate Social Responsibility

• Global Compact
• Nine Principles
• Human Rights
• Labour Standards
• The Environment
• http//www.unglobalcompact.org

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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/

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UNI and Corporate Social Responsibility

• Other Issues That Need to Be Considered
• Socially responsible investment (SRI)