Dias nummer 1 - PowerPoint PPT Presentation

1 / 17
About This Presentation
Title:

Dias nummer 1

Description:

Dahaco (airport handling) Den-Tan Resources (fishing) Mashado Game Fishing Lodge (hotels & restaurants) Mount Mery (hotels & restaurants) ... – PowerPoint PPT presentation

Number of Views:41
Avg rating:3.0/5.0
Slides: 18
Provided by: thomasfi
Category:
Tags: dias | nummer

less

Transcript and Presenter's Notes

Title: Dias nummer 1


1
Investments for Development
2
Investments for Development
  • CSR as a strategic element in investments and
    business plans
  • How to combine return on investments and CSR
  • Frank Norman Larsen
  • Deputy Managing Director

3
Investments for Development
4
Investments for Development
  • IFU project countries
  • HEAD OFFICE
  • OFFICES
  • ADVISER OFFICES
  • ADVISERS

5
Investments for Development
BASIC FACTS AS PER 31 DEC. 2007
  • Created by Act of Parliament in 1967
  • Equity DKK 2,316 mill.
  • 616 projects in 77 countries
  • DKK 7,209 mill. invested since 1967
  • Investments range from DKK 45,000 to DKK 50
    mill.
  • Joint Venture ownership range from 4 to 50

6
Investments for Development
62 active projects 123 excited projects
7
Kenya Acacia Fund (financial institution) KBC
(tent camp) Aviation Lease (operational lease of
aircrafts) DCK-EA (agriculture and
farming) DCK-Production (agriculture
farming) Muus (feed mill) Vestergaard Frandsen
(textiles) Tanzania Crispo Snack Foods (crisps
production) Emunio (safety syringes) Kibotrade
(textiles) Dahaco (airport handling) Den-Tan
Resources (fishing) Mashado Game Fishing Lodge
(hotels restaurants) Mount Mery (hotels
restaurants) RSP Transport (water
transport) Tanruss (hotels restaurants) Uganda
Biyinzika (slaughter house) CareWorks (HIV
disease management) K2-Informatics (management
and IT consultancy) Victoria Engineering (steel
fabrication, galvanization, pumps) Victoria Pumps
(mechanical engineering) Drillcon (drilling of
bore holes) MTN Publicom (pay phones) Maersk
Uganda (operation of container depot) Motocare
(sale maintenance of vehicles) Victoria Fresh
Foods (fishing fish processing)
Investments for Development
8
Investments for Development
CSR POLICY
  • Our objective is to create financially and
    socially responsible business develop-ment.
  • Environmental Policy regarding Environmental and
    Health and Safety issues adopted in 1996
  • Code of Conduct regarding Human Rights, labour
    practices and bribery adopted in 1998
  • A revised and expanded CSR policy adopted in
    2005.
  • IFU support the UN Global Compact initiative.

9
Investments for Development
SUBJECTS IN IFUs CSR POLICY
  • Continuously strive to apply high standards
    regarding
  • Human rights
  • Labour rights and Health and Safety
  • Environment
  • Business ethics
  • Always comply with the rules and regulations of
    the host country as a minimum.
  • Use Danish and/or internationally approved
    standards as benchmarks.

10
Investments for Development
THE IFU CSR PROCESS
1) Initial assessments
2) Best Judgement Declaration
5) Updated,Classification
3) CSR Action Plan
4) Annual CSR Status Report
11
Best Judgement Declaration part of agreement
Example It is our best judgement that project
company, in addition to complying with country X
rules and regulations, in all essentials will
comply with Danish rules and regulations
regarding the external environment as well as the
occupational health and safety, except for the
following significant deviations In our
best judgement the company shall comply with
Danish standards for environment and OHS in all
material aspects within a period of 12
months      
  • A formal Water Act consent from the Environment
    Protection and Pollution Control Board shall be
    obtained,
  • A formal consent under the Noise Pollution Rules
    shall be obtained,
  • The pollution control devices which are in poor
    condition shall be replaced,
  • Efficient operation of the effluent treatment
    plant.

12
Human Rights Compliance Assessment the quick
check
Investments for Development
  • The Quick Check has
  • 28 main questions regarding human rights and
    labour practices,
  • all with references to international law, and
  • including suggested indicators for further
    investigation

13
HUMAN RIGHTS COMPLIANCE ASSESSMENT QUICK CHECK
Investments for Development
14
HUMAN RIGHTS COMPLIANCE ASSESSMENT QUICK CHECK
Investments for Development
15
Investments for Development
CSR Action plan part of agreement
  • The CSR Action plan is a disbursement condition
    and should describe
  • the action required
  • clear time limits
  • Committed responsibilities
  • Examples of actions
  • Building new toilet building and installation of
    showers to improve personal hygiene
  • Improvement of facilities for storage of scrap
    materials and other wastes
  • Energy efficiency measures and minimization of
    CO2 emissions
  • Training of employees in using Personal
    Protection Equipment
  • Setting up health and safety committee

16
Investments for Development
Annual CSR Status reports
  • The purpose of the Annual CSR Status Report is to
    support and strengthen the management of CSR
    issues in the project companies, to ensure
    progress in relation to the agreed action plan
    and monitoring of relevant issues
  • The Annual CSR Status Report shall be sent to the
    Board, who is responsible for follow-up actions
  • Content
  • CSR activities, events and results during the
    year
  • CSR Action plan
  • Compliance with Laws and Regulations
  • CSR competences and management
  • CSR related communication and training
  • External communication to interested parties
  • Monitoring of key CSR issues

17
Investments for Development
CSR GOOD BUSINESS! A LONG-TERM INVESTMENT
  • Keep existing/getting new customers
  • Low hanging fruit
  • Attractive to investors
  • Employees stay longer!
  • Good reputation
  • Minimise risk (suppliers)
  • Saving time when done systematically

WORKING WITH CSR IS A JOURNEY NOT A DESTINATION
Write a Comment
User Comments (0)
About PowerShow.com