Title: Bremerholm 4
1DANISH CHURCH AID CONFERENCE 23 FEBRUARY
2006 CSR, POVERTY AND HUNGER Sven Riskær, IFU
- Bremerholm 4
- DK-1069 Copenhagen K
- Phone 45 33 63 75 00
- Fax 45 33 32 25 24
- E-mail ifu_at_ifu.dk
- Website www.ifu.dk
2Mission Statement
- To enhance global economic growth, development
and more equitable income distribution through
increased global flow of socially and
environmentally responsible, productive
investments making optimal use of comparative
advantages.
3Funds CSR Policy - Overview
Corporate Social Responsibility (CSR) Policy
CSR Operational Guidelines and Procedures
Specific Guidelines
1 HIV/AIDS Guidelines
3 Big Scale Pig Production Guidelines
2 Animal Welfare Guidelines
4Funds CSR Policy (statement)
- For Funds and for projects in cooperation with
partners. - Values and procedures also after Funds exit.
- Comply with host countrys regulations, but
benchmark critical areas against Danish or
international standards. - Values from basic set of international
conventions 10 Global Compact Principles. - Transparency, accountability and information
funds and projects.
5CSR Guidelines Procedures/Prestart
- 1. Active cooperation with responsible partners.
- 2. Benchmarking local regulations against Danish
or international standards identifying critical
risks and impacts HRCA/Quick-check. - 3. Use experienced DK partners CSR policies to
focus on less experienced partners.
6CSR Guidelines Procedures/Operation
- 1. Best Judgement Declaration from DK partners
joint CSR action plan for improvements and
annual CSR status reports (at post-investment
stage). - 2. Project companies establish own CSR policy to
secure follow-up also after Funds exit. - 3. Specific HIV/AIDS, animal welfare, big scale
pig farms.
7Inequality DK and world
8Poverty Ups and Downs (less than 1 a day)
9CSR and Philanthropy job sharing
- NGO to enhance sub-suppliers
- NGO to provide community services in
collaboration with companies - Insist on 0.7 target for ODA (J. Sachs)
10Lessons Learned
- Investment
- is better than
- Invasion