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Article

28 Nov 2008

Author:
Rob van Tulder, United Nations Research Institute for Social Development

The Role of Business in Poverty Reduction towards a Sustainable Corporate Story? [requires free registration]

This paper addresses the way in which the largest firms in the world are coping with their involvement in the issue of poverty at home and abroad…It aims at identifying and documenting various strategies that can be and are employed by corporations to reduce poverty, it tries to come to a first assessment on the profoundness of these strategies, while also considering which variety of capitalism (and business leadership) seems to develop the most pro-active strategies towards poverty reduction. [refers to TNT (part of TPG), BP, HSBC, Matsushita Electric, Nike, Wal-Mart, ABN AMRO, Philips, Akzo Nobel, BHP Billiton, Tesco, Unilever, Grameen Bank, CEMEX, Nissan, Aviva, Petrobras, Procter &Gamble, Lloyds, Citigroup, Deutsche Bank, Electricité de France, Deutsche Post, Shell, ExxonMobil, Dexia Group, Nestle, Ford Motor, Volkswagen, Sinopec, Nippon T&T, Carrefour, State Grid, Samsung, Nippon Life Insurance Chevron, ING Group, BNP Paribas, Verizon, Credit Suisse, Zurich, France Télécom, Suez]