CENTER FOR BUSINESS
AS AN AGENT OF WORLD BENEFIT

Realizing the urgency of action and leveraging the strength of business for making a difference, Global Ethics Ltd launched a bottled drinking water called ONE. The idea was simple: the profit generated from every bottle of water sold would be channelized toward installation of water pumps in parts of Africa where clean drinking water is almost a luxury. One billion without access to drinking water resulting in 2 million deaths (source: onewater.uk.org; UNICEF and WHO report, 2006) sounds almost ludicrous in today’s world. The magnitude of the problem escapes most of us who take a basic necessity like clean drinking water completely for granted. Unfortunately it is not so in many parts of sub-Saharan Africa, Eastern and Southern Asia. For many of the millions affected, the time that should be devoted to school and agriculture is spent walking miles to collect water.

Coca-Cola is the largest private sector employer in Africa, with more than 60,000 employees. It has operated in Africa for more than 75 years and over the last five years has invested more than $600 million in new plants, updated equipments and employee training. Africa has been a profitable region for the company with continuous increase in revenues as well as unit case volume. But this rate of growth is threatened by the prevalence of AIDS/HIV crisis in the continent. The company has launched several initiatives to educate, protect and curb the crisis for its employees, in turn helping the economic growth of the whole region. Through partnerships and collaborations several innovative programs have been institutionalized. The prevention and education within the company cascade down, contributing to the health and development of the whole community.

Women's World Banking's vision is to expand low-income women's economic participation by giving them greater access to financial information and markets. In doing so they are enabling women to not only keep their families fed but also engage in the community and develop a political voice that could bring about great change worldwide.

Bank ABN AMRO has made sustainability a cornerstone of its business. The bank strives to include a concern for social and environmental issues in the decision-making of every strategic business unit. These activities have gained such prominence that a special unit, the Sustainable Development Group was organized to coordinate sustainability work across the organization. The innovativeness of this sustainability mindset has led to numerous activities that are creating a shift in the impact of ABN AMRO on environment and society.

Daimler Chrysler is putting its sustainable development into practice in many ways, placing its highest priority on the battle against HIV/AIDS faced by many of the workers at its South African plant. Since the early 1990's, Daimler Chrysler South Africa's Workplace Initiative on HIV/AIDS has been working to combat acquired immune deficiency syndrome and for the social integration of HIV-positive persons at its headquarters just outside Pretoria.

Cummins is a global power leader and family of four inter-related, yet diversified businesses that create or enhance value as a result of doing business with each other or having those relationships. It averages more than $6 billion in annual sales and is a technology leader in the diesel engine market, providing cutting-edge solutions to the increasingly difficult challenge of producing cleaner-running engines. Currently, Cummins clean diesel engines are powering transit buses in Southern China.

Millions of personal computers sit idly on desks and in homes worldwide, but what if they could be linked into a power grid to help address the world's most difficult health and societal problems? IBM asked this question and answered it in 2004 by creating the World Community Grid, a global humanitarian effort to harness unused computing power of individual and business computers and direct that power toward research designed to help unlock genetic codes that underlie diseases like AIDS and Alzheimer's or improve forecasting of natural disasters. Anyone can volunteer to donate the idle and unused time on a computer by dowloading the World Community Grid's free software and registering to participate.

A number of major financial institutions have come together to adopt a framework for determining, assessing and managing environmental and social issues in project financing. These global voluntary regulatory guidelines, the “Equator Principles” (EPs), are revolutionizing the way large projects are financed. Banks that adopt the EPs apply them globally to project financing in all industry sectors including mining, oil and gas, and forestry, and they make loans only to those projects whose sponsors aim to be socially responsible and environmentally sound.

Miles and Associates/Success by Choice International combines traditional for-profit training and consulting services with the agenda of youth development and HIV/AIDS prevention. The guiding principles of skills transfer, sustainability and community empowerment make this a story of a successful business serving the needs of society.

Recognizing the sizable challenge of having an aging workforce with an average of mid-fifties at one of its plants in South Africa, Nissan took steps to replenish its workforce. Young relatives of the retirees were recruited to assure continuity of family incomes, older relatives served as their mentors before retiring, and financial planning and small- to medium-size business consultants were provided to all retirees. As a result company rejuvenation stimulated community development.