Knowledge Centre:
News Digests

Stay abreast of what’s happening internationally with developments in corporate public affairs. Here is news that you may find useful and interesting:

Gujarat’s new industrial policy makes CSR optionalND

Asia Pulse, 5 January 2009

The new Industrial Policy titled ‘Wealth for Social Health’, by the Indian Ministry of State for Industries allows for flexible arrangements for CSR activities. The policy refrains from imposing mandatory contribution requirements on private entities for CSR programs, as with for state-run public enterprises. Instead, the new framework seeks to support optional initiatives between the state and businesses at the district level. For more information see

Making the case for investing in corporate citizenshipND

Boston College Center for Corporate Citizenship, December 2008

Advice is offered that when faced with potential budget cuts, practitioners should empathise the business case, including the long-term strategic advantages and short-term savings produced by corporate citizenship programs. In addition, building internal knowledge and support among co-workers from the bottom up, and highlighting the current strengths of the company’s citizenship program against the competition, may ensure continued management support for CSR programs during tough times. For more information see

Through CSR, firms help improve imageND

B Gunawan, The Jakarta Post, 18 December 2008

Under Indonesia’s Limited Liability Company Law, it is now mandatory for natural resources companies to allocate funding for CSR activities. This article advocates for a separate department and management roles to oversee CSR activities and for collaboration between business, government and NGOs to deliver real results. Companies may either fund their own foundations such as with Cola-Cola or Danamon, or support programs such as the Sampoeran Foundation. For more information see

Ailing firms still willing to help charitiesND

Yoo Soh-jung, The Korea Herald, 16 December 2008

The majority of companies surveyed by the Federation of Korean Industries expressed an intention to maintain and further expand their CSR activities despite the recent economic turmoil. The survey found that the significance of CSR within companies is influenced first by the CEO, followed by social moods and consensus among employees. Business philanthropy is currently directed towards young children and adolescent groups, the elderly and the physically challenged in that order. For more information see

Are Indian firms looking to build sustainable practices?ND

Taryu Bahl, Mint (Delhi), 12 December 2008

Firms appear to be shifting their approaches from societal-based CSR activities to environmental sustainability issues as concerns mount over public reaction towards land acquisition and the need to provide tangible and practical results. Such solutions include JSW Steel’s ‘intelligent growth’ initiative, which provides education and training to locals for improving their farming capabilities. Improved institutional systems, manpower and standard criteria for assessing business environmental programs are needed. For more information, see

Climate change challenges for Hong Kong: An agenda for adaptationND

Richard Welford, CSR Asia and Hong Kong University, 12 December 2008

The report advocates that Hong Kong must take anticipatory adaptation measures against climate change in order to maintain its competitiveness. The business community should undertake risk assessments, develop strategies and build continuity plans on climate change. Key recommends include adopting public education and community-based planning measures, business incentives, and the need for a government contravened task force to begin planning for climate change adaptation. For more information see

Hard times may make nicer firms good betsND

Anna Stablum, Reuters, 9 December 2008

It is argued that CSR concerns such as climate change and social issues will remain relevant to businesses, irrespective of any immediate macro economic circumstances, and are a good indication of companies’ long-term sustainability. Considering the recent economic turmoil, investors are urged to include social, moral, ethical and environmental considerations when measuring performance and focus on long-term value over short to medium term gains. For more information see

A look at changing worker expectationsND

Anjali Prayag, The Hindu Business Line, 8 December 2008

The article presents findings from a study on the criteria used by university graduates for evaluating and selecting a company for a career. The findings on future workforce expectations reveal that company image and reputation, as well as active CSR initiatives and volunteering work opportunities were the most influential factors. The results may prove useful for companies when developing strategies for attracting talent. For more information see

The future of corporate philanthropy ND

Alyson Warhurst, Business Week, 8 December 2008

The author predicts that a tighter economic climate will lead to a decline in corporate CSR activities that are based on philanthropic donations, and advocates for more strategic, business-orientated investments instead. Socially responsible activities help companies to manage their long-term risks, responsibilities and reputations and should be aligned with bottom line objectives in order to be sustainable. Partnerships with NGOs and supporting sophisticated development programs are seen as being more effective in delivering pragmatic solutions and real outcomes. For more information see

Anti-corruption — getting rid of graftND

Rajesh Chhabara, Ethical Corporation, 5 December 2008

According to the latest Transparency International Corruption Perceptions Index, Asian countries remain the most corrupt in the world. Asian multinationals are not required to comply with anti-corruption laws like their counterparts in Europe and the US and often resort to bribery in order to shape policies and regulations. While many Asian companies have signed up to the UN Global Compact, the program does not have a mechanism to enforce compliance to anti-corruption pledges. While some companies are starting to develop anti-corruption policies, business leaders confirm that only strong political will is effective to make the change. For more information see

Time off for good behaviourND

Sarah Needleman, The Wall Street Journal, 2 December 2008

Even though many US companies may not have formal volunteering programs, they are generally very flexible in supporting their employees’ volunteer efforts. This is particularly true during bad economic times, as the costs of supporting volunteering are low while the benefits (such as enhancing a company’s image, improving recruitment and retention) are substantial. Many US companies are working with matching not-for-profits to provide volunteer opportunities. For more information, see

Clarity is crucialND

Martin Wolf, Financial Times, 1 December 2008

It is argued that a consistent global policy framework is required to tackle the climate change problem. Despite unequal starting points, developing nations must commit to emissions reduction with their western counterparts and should be encouraged to do so through rewards systems that pay for positive results. Policy must co-ordinate regulatory standards and subsidise the development of new technologies rather than simply impose carbon prices and taxes. For more information see

The heat is on ND

Fiona Harvey, Financial Times, 1 December 2008

US and European businesses appear to be less supportive of costly carbon reductions policies during tough economic times. Business groups fear that mandatory carbon emissions systems will generate inequality and decrease their competitiveness in the global market. However policy makers suggest that a greening revolution may create new economic opportunities and ‘green collar’ jobs. Harvey stresses that the long-term environmental benefits of green growth far outweighs short-term savings gained from maintaining the current high emissions economy. For more information see

Upside of a downturnND

Fiona Harvey, Financial Times, 1 December 2008

As governments prepare stimulus packages to reinvigorate their receding economies, incentives should be provided to encourage investments contributing to reducing carbon emissions. Stimulus packages should discourage business from old methods value short-term gain and quick fixes. Instead, lower labour costs could be tapped into to drive more sustainable and long-term ‘green growth’ projects during the current economic slump. For more information see

Reworking the CSR conceptND

Mike Chiam, New Sunday Times (Malaysia), 30 November 2008

The author reflects on the ISO 26000’s proposed SR (social responsibly) standard guidelines and their impact on Malaysian businesses. SR performance will be judged according to broader issues that concern additional stakeholders such as the government, labour unions, NGOs, consumers, researchers and the academia. While the standards will be voluntary, it is argued that businesses must align their values with international standards in order to increase their global competitiveness. Even small business will be affected due to their part in the global supply chain. For more information see

Why CSR reporting is broken – and how it should be fixedND

Mallen Baker, Ethical Corporation, 28 November 2008

Mallen Baker argues that many corporate CSR reports talk about the ‘how of reporting, not the what of reporting’ – ie cover targets, Global Reporting Initiative (GRI) guidelines and assurance but don’t actually talk about a company’s social, environmental or economic performance. Cadbury provides an example of an innovative reporting approach as it has a web-based report that it written in a clear, straightforward manner. They no longer have independent assurance ‘because it costs a lot of money and it is by no means clear what value the different audiences actually place on it’. Mallen Baker also argues that the GRI is ‘a negotiated compromise for a framework’ that is not suitable for an increasingly dynamic environment where multi-stakeholder considerations need to be taken into account. For more information, see or

Code of good conductND

Jane Lindhe, Business Review Weekly, 27 November 2008

Companies with positive and creative office cultures have higher productivity and staff retention rates. While large businesses are able to provide employees with enhanced benefits and free perks, simple technologies such as wikis and social networking sites are cost effective means to encourage feedback, build corporate culture and attract new clients. Providing creative outlets for employees through events, excursions and entertainment opportunities are also attributed to improved staff commitment. For more information see

Big players scale back charitable donationsND

Mike Spector and Shelly Banjo, The Wall Street Journal, 25 November 2008

US non-profit organisations face an uncertain future as companies cut back on charitable donations in tough financial times. While most major companies intend to fulfil existing pledges through budget cutting or borrowing, corporate philanthropy for new and future projects is expected to decrease. Foundation endowments have fallen around 30 percent since last October and it is predicted that many will inevitably fail due to falling revenues. For more information see

China: ADB supports expanded role of civil society in China poverty reductionND

Asian Development Bank, 24 November 2008

The Asian Development Bank will provide a technical assistance grant to help the People’s Republic of China develop its civil society sector. The new programs will develop institutional frameworks, improve long term sustainability and self-development capacities and introduce an open charitable fund. Various nongovernmental, CSR and individual volunteers groups will be tapped into and coordinated with state supported anti-poverty programs. For more information see

Only 30 per cent of Singapore firms aware of corporate social responsibility ND

Channel NewsAsia, 20 November 2008

The government is advocating that small and medium enterprises adopt CSR practices following a survey by the Ministry of Trade and Industry that only 30 per cent are aware of CSR. Small businesses should follow the examples set by multinationals such as Microsoft, Intel and Shell who have incorporated CSR into their core business values. Recent tough financial times are seen as the perfect opportunity to invest in CSR programs in order to build relationships and trust with internal and external stakeholders. For more information see

displaying items 1-20 | 21-40 | 41-60 | 61-80 | 81-100 | 101-120 | 121-140 | 141-160 | 161-180 | 181-200 | 201-220 | 221-240 | 241-260 | 261-280 | 281-300 | 301-320 | 321-340 | 341-360 | 361-380 | 381-400 | 401-420 | 421-440 | 441-460 | 461-480 | 481-500 | 501-520 | 521-540 | 541-560 | 561-580 | 581-600 | 601-620 | 621-640 | 641-660 | 661-680 | 681-700 | 701-720 | 721-740 | 741-760 | 761-780 | 781-800 | 801-820 | 821-840 | 841-860 | 861-880 | 881-900 | 901-920 | 921-940 | 941-960 | 961-980 | 981-1000 | 1001-1020 | 1021-1040 | 1041-1060 | 1061-1080 | 1081-1100 | 1101-1120 | 1121-1140 | 1141-1158

About The Centre

The Centre for Corporate Public Affairs is the only entity of its type internationally, connecting, via corporate membership, the corporate public affairs and communication function across Australia, New Zealand and Asia. We assist our members embrace best practice public affairs structure and strategies.

Our research, professional development programs, events and international thought leadership opens doors to help organisations and practitioners build and apply corporate public affairs as a core management tool and function.

Member Login

Please enter your username and password to access this member resource on the Center website. You may continue to browse the site without login, however access to discounted member prices, event registration and the knowledge centre is restricted.

© 2013 Centre for Corporate Public Affairs | ABN 15 623 823 790 | Site by