Suchergebnisse

The history of modern Socially Responsible Investment began with the Apartheid crisis in South Africa in the 1970s. When asked if divestment played a role in ending South African Apartheid, Nelson Mandela answered 'undoubtedly'. But what about SRI in the 21st century, does it make a difference for society? The first part of this book explores the innovative approach of socially responsible investors in building engagement approaches, mobilizing networks, developing new products, and proposing alternative models showing the potential to create change. The second part interrogates the limits of

Does Socially Responsible Investment (SRI) affect society in the 21st century? This book explores various facets of SRI to address its potential and limits to create societal change. Little research has been undertaken on the societal impacts of SRI. With this book we contribute to this debate, pushing the boundaries of SRI even further.

By adopting an institutional theory lens, the aim of the article is to better understand the actions and mindset of managers toward high labour turnover in the cut-flower industry in Ethiopia. Our mixed-method approach explores the ways in which managers deal with, and legitimize, high levels of labour turnover. Our results show that they engage in three types of practices – predicting, containing and accommodating – whose objective is to make labour turnover tolerable, rather than reduce it. Interestingly, managers do not legitimize their practices through the use of cost-benefit arguments, as the literature would have suggested, but blame the institutional context. This article highlights the context-dependent aspects of labour turnover and explains how managers may find themselves in a deadlock situation. It informs the debate in human resource management research about managerial practices at the bottom of global value chains.

International audience Sabaf, a world leading manufacturer of components for domestic gas cooking appliances, went through a transformation process between 1993 and 2005 to develop a strategic approach to corporate responsibility. This case describes the learning and change process within the company that set the ground for today's success.This teaching case builds on data gathered through sites primary and secondary data. The case research protocol explored the notion that the company was learning how to interact and respond to its changing context while its responses were creating the ground for internal organisational change that in turn would impact the relationship between the company and its context.Sabaf's case is not only a move from an implicit to explicit approach to corporate responsibility, but more profoundly it portrays a company that was engaged in developing a more 'humanistic' approach to management that permeated the whole organization. The term 'corporate responsibility' was used to describe much older concepts that valued people and the natural environment alongside economics. The case also shows the process of organizational leadership for learning, management innovation and change that supported the processes through which this approach was developed and integrated into the company.This case provides unique insights into the approach Sabaf adopted in its pioneering transformation to become a leading corporate responsibility company and a world leader in its sector. This case can be used as a benchmark for other companies that might embark on a similar process affecting the business as a whole.

AbstractWhile the microfinance regulations in Cameroon have a positive influence in professionalizing the microfinance sector, it seems to have also created hurdles for MFIs to fulfill their social mission of financial inclusion. The evolution of activities of the microfinance sector over the years led to changes in the regulatory environment through the establishment of new regulations that progressively professionalize the sector and controlled certain derives. Financial inclusion has been hindered by insufficient supervision and tight regulations in terms of board members' qualifications, loan documentation requirements, and provisioning and liquidity requirements. Regulations still need to reflect more the specificities of the microfinance sector and be matched with adequate supervision in order to achieve its dual role of financial inclusion and safeguarding the financial system.

ResumenLas agencias de calificación ambiental, social y de gobernanza (ASG) han adquirido una función preeminente en el ámbito de la inversión responsable como proveedoras de datos no financieros. La bibliografía anterior sobre la construcción de métricas ASG no esclarece los procedimientos de las agencias para evaluar el trabajo decente. A partir del análisis de seis agencias de calificación, los autores investigan cómo se miden y evalúan los resultados empresariales en la dimensión de trabajo decente, señalando las dificultades conexas. El objetivo es determinar en qué medida la inversión responsable y las calificaciones ASG contribuyen a promover y a mejorar el trabajo decente en las empresas.

RésuméLes agences de notation spécialisées dans l'évaluation des pratiques des entreprises en matière environnementale, sociale et de gouvernance (ESG) sont des partenaires importants pour les acteurs de l'investissement responsable, qu'elles alimentent en données extrafinancières. Si la question des indicateurs ESG a déjà été traitée dans la littérature, la façon d'évaluer le travail décent est peu documentée. Les auteurs observent les pratiques de six agences de notation ESG pour comprendre comment ces organismes mesurent et évaluent la performance en matière de travail décent, et avec quelles difficultés, et pour déterminer si l'investissement responsable et les notations ESG peuvent véritablement promouvoir le travail décent dans les entreprises.

Environmental, social and governance (ESG) rating agencies, as non‐financial data providers, have become central actors in the field of responsible investment. Although research has explored the construction of ESG metrics, little is known about how agencies evaluate decent work. Building on the analysis of six rating agencies, this article investigates how these actors measure and assess companies' performance in terms of decent work and related areas and identifies the challenges they face in this endeavour. The authors seek to better understand the capacity of responsible investment and ESG ratings to promote and improve decent work within companies.