CENTER FOR BUSINESS
AS AN AGENT OF WORLD BENEFIT

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.

Among the many rural businesses of post-communist Russia, ALVI Inc. offers a new model of self-reliance and sustainable development. By aligning community interest and business interest, the company has successfully grown into a multi-product organization with high productivity levels and a flourishing community.

An oil giant, Yukos, is one of the largest Russian-based multi-national corporations and one of the largest CSR actors from the former USSR. Yukos represents one of the most innovative companies in the region when it comes to questions of merging business interests with world benefit. Among the Yukos' particular innovative strategies is its approach to distributing funds for local community development. When most Russian companies provide financial assistance to various organizations in a sporadic, if at all, manner, Yukos organizes an open competition for projects directed towards sustainable community development.

William McDonough & Partners are architects who design buildings and communities worldwide that tell stories of sun, wind, water that surrounds them and of the people who inhabit them. Using a creative balance of nature and culture, they strive to create a sustainable environment that honors the relationship between the human community and the nature that surrounds them.

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.

British Petroleum, (BP) is one of the world's largest energy companies, it's origins dating back to May 1901. Despite BP's reputation as an oil and gas giant, it has taken highly innovative steps to move away from fossil fuels and toward the development of alternative energy sources. BP states that, as a global energy business, its aim is clear: to reduce its environmental footprint by producing cleaner products and encouraging customers to use them safely and efficiently

Offshore Sakhalin Oblast in the Russian Far East - Exxon Mobil subsidiary Exxon Neftegas Liimited (ENL) - while developing the Chayvo, Odoptu and Arkutun-Dagi oil and gas fields for the Sakhalin-1 consortium, discovered a lack of skilled local labor. To help the local residents obtain employment with Exxon, extensive training programs were set up, including English-language training. Other aspects of the training and community development support the growth of local suppliers and contractors.

Russia, long known as a culture whose people - rich and poor - revere the arts in all its many forms, has also developed a reputation as an emergent economy that is solely driven by immediate profit, if not greed. Since the government provides no tax relief or other incentives for philanthropy, the story of Interros is more noteworthy. Interros has stepped beyond simply giving to providing sustainable development in the area of art, culture and education by supporting long-term social programs in education and culture.

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.