On February 26, 2007 Global Compact Georgia Network (GCGN) held a workshop Global Compact – Business Perspective. The workshop, hosted by Bank Republic (Societe Generale Group), was held in response to the specific needs identified by the network members. The goal of the workshop was to provide GCGN members with specific insights on the rationale and benefits of Responsible Business Practices and membership of the global GC network, benefits and capacity of Social Reporting, as well as to provide GCGN member companies an opportunity to share their current experience in Social Responsibility.
List of participants:Agritechnics; Bank (Societe Generale Group);British Petroleum; Business Ethics Association; Caucasus University; Center for Strategic Research and Development of Georgia; Elkana; Georgian Business Consulting; Gosselin Georgia; Medi Club Georgia; JSC Madneuli; Nikora; PA Consulting; People’s Bank; Pfizer Luxembourg SARL; UGT; and Deputy Head of the Administration of the President of Georgia.
Soren Petersen, Policy Advisor to UNDP – a renown international expert in Global Compact and Corporate Social Responsibility, delivered audience-tailored presentation on the concept of Responsible Business, practical benefits of GC membership and integrating Social Responsibility approach in corporate strategy and business operations, relevance of Social Responsibility approach and GC principles to developing countries, and mechanisms of introducing Social Responsibility and Social reporting in company operations.
British Petroleum and People’s Bank presented their experience in practicing social responsibility and social investment in Georgia. Business Ethics Association of Georgia came up with a proposal to develop and help companies adopt country-context-tailored social reporting framework.
During the discussion that followed, GCGN members shared their major interests, expectations from GC network memberships as well as their potential to contribute to the activities of the national network in the areas of social investment, environment, and access to finance and know-how in agriculture. As the outcome of the workshop, potential partnerships between the companies (British Petroleum and People’s Bank, Medi Club Georgia and Pfizer Luxembourg SARL) were identified during the discussion and the follow up to be facilitated by GC Brokers was agreed. In addition, the participants expressed their support toward the suggestion of the Business Ethics Association to develop a national standard framework for Social Reporting and in order to ensure prompt follow up they agreed to form a working group on the subject matter.
List of participants:Agritechnics; Bank (Societe Generale Group);British Petroleum; Business Ethics Association; Caucasus University; Center for Strategic Research and Development of Georgia; Elkana; Georgian Business Consulting; Gosselin Georgia; Medi Club Georgia; JSC Madneuli; Nikora; PA Consulting; People’s Bank; Pfizer Luxembourg SARL; UGT; and Deputy Head of the Administration of the President of Georgia.
Soren Petersen, Policy Advisor to UNDP – a renown international expert in Global Compact and Corporate Social Responsibility, delivered audience-tailored presentation on the concept of Responsible Business, practical benefits of GC membership and integrating Social Responsibility approach in corporate strategy and business operations, relevance of Social Responsibility approach and GC principles to developing countries, and mechanisms of introducing Social Responsibility and Social reporting in company operations.
British Petroleum and People’s Bank presented their experience in practicing social responsibility and social investment in Georgia. Business Ethics Association of Georgia came up with a proposal to develop and help companies adopt country-context-tailored social reporting framework.
During the discussion that followed, GCGN members shared their major interests, expectations from GC network memberships as well as their potential to contribute to the activities of the national network in the areas of social investment, environment, and access to finance and know-how in agriculture. As the outcome of the workshop, potential partnerships between the companies (British Petroleum and People’s Bank, Medi Club Georgia and Pfizer Luxembourg SARL) were identified during the discussion and the follow up to be facilitated by GC Brokers was agreed. In addition, the participants expressed their support toward the suggestion of the Business Ethics Association to develop a national standard framework for Social Reporting and in order to ensure prompt follow up they agreed to form a working group on the subject matter.
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