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Bremerholm 4

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DANISH INTERNATIONAL INVESTMENT FUNDS IFU AND I . Bremerholm 4. DK-1069 Copenhagen K. Phone: 45 33 63 75 00. Fax: 45 33 32 25 24. E-mail: ifu_at_ifu.dk ... – PowerPoint PPT presentation

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Title: Bremerholm 4


1
DANISH 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

2
Mission 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.

3
Funds 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
4
Funds 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.

5
CSR 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.

6
CSR 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.

7
Inequality DK and world
8
Poverty Ups and Downs (less than 1 a day)
9
CSR 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)

10
Lessons Learned
  • Investment
  • is better than
  • Invasion
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