National Global Compact and Corporate Social Responsibility (CSR) Centre
What is the project about?
The purpose of this project is to promote the practice and awareness on corporate social responsibility and the Global Compact (GC). The project was designed to: a) Support the establishment and set up of the national center; b) Develop the capacity of the staff at the center on CSR and GC; c) Support the center in availing services for the private sector.
The project has recently embarked on new activities to conduct CSR diagnostic sector studies for the finance, textiles and agricultural sectors. The overall objective is to enhance corporate social responsibility in these three sectors while advocating for changes in the legal/institutional framework and promoting a culture of respect for human and labor rights, in addition to compliance with principles of environmental protection, anti-corruption, integrity, transparency and accountability in corporate governance and interactions with the government and the community.
ECRC will also build on the achievements of the GSB initiative which has come to an end in 2013 with the aim of supporting pro-poor sustainable business models and creative clusters, especially those with a heritage and cultural edge. Within this framework, the project will have a special focus on Women Empowerment given that there are handicraft clusters employing only women. Activities will also include raising the competitiveness of SMEs through compliance programs to international codes and standards.
What have we accomplished so far?
- Awareness raising events for the private sector and business associations on the Global Compact Initiative.
- The first and second round of the ISO 26000 Training of Trainers were conducted for 12 participants from the private sector, business development organizations, and NGOs.
- 69 companies joined the Global Compact Network.
- A number of Global Compact Roundtables were organized covering themes such as the role of business in fighting corruption, energy and environment, human rights, and labor rights.
- Three Global Compact case studies were prepared.
- Five Corporate Sustainability Forums were organized over the years, covering different issues such as enhancing transparency and fighting corruption.
- The ESG Index was launched during the 3rd annual conference in 2012. The index ranks companies listed in the stock exchange market according to various variables in the Environment, Social and Governance dimensions.
- Consultation meetings held with the private sector in 2013 to gather inputs for the Post-2015 Development Agenda.
- CSR diagnostic sector studies finalized for the financial, textiles and agriculture sectors and will be launched in 2014.
- Training conducted for the banking sector in collaboration with the Egyptian Banking Institute on CSR & Inclusive Banking. This training course was held as one of the recommendations of the CSR diagnostic Study for the financial sector. The course focused on new ways of providing access to affordable and responsible financial products and services to vulnerable populations and small businesses. It addressed a wide range of financial products and services that some financial institutions are experimenting, including savings, credit and insurance.
- Training conducted for 17 journalists on CSR.
Who finances this project?
The British Government
Arab African International Bank (AAIB)
The Netherlands Government
Delivery in previous fiscal year
- Project start date:
- Estimated end date:
- Geographic coverage:
- Focus Area:
- Poverty Reduction
- Project Officer:
- Nahla Zeitoun
- Industrial Modernization Center (IMC)
- Related Links:
- www.ecrc.org. eg http://www.unglobalcompact.org