Information for G00206
Exploring the role of development cooperation agencies in corporate responsibility
Document begins: Exploring the role of development cooperation agencies in corporate responsibility Tom Fox and Dave Prescotti This document is based on discussions at an international conference: `Development cooperation and corporate social responsibility: exploring the role of development cooperation agencies', which took place in Stockholm on 22-23 March, 2004, and documents provided by development cooperation agencies prior to the conference describing their activities in the area of corporate responsibility.ii A summary of the presentations, plenary sessions and workshops at the conference, as well as the submissions from donors, are provided as appendices to this document.iii The conference was convened by the Swedish foreign ministry, in collaboration with IIED, IBLF, Sida and the World Bank. Produced for policy makers in government and business, the report explores how bilateral and multilateral donors can support business activity that contributes to sustainable development, particularly in developing countries. It argues that, by helping to create an 'enabling environment' for responsible business practices, donors can enhance the effectiveness of their aid and increase the contribution of business to poverty eradication. Why are development cooperation agencies talking about corporate responsibility? Private sector activity plays a crucial role in international development. Trade and investment flows bring technology, skills, employment ...