Corporate Social Responsibility (CSR)

Date : 2012-03-13

Ideally, CSR policy can function as a built-in, self-regulating mechanism whereby a business will monitor and ensure its adherence to law, ethical standards, and international norms. BEI has been actively involved in promoting CSR among the various constituencies of Bangladesh. The institute has played a significant role in promoting CSR in the country and continues to do so. With a vision of promoting the concept of CSR in Bangladesh, BEI has organized monthly roundtable discussion titled “CSR in Action” in collaboration with the KATALYST, the outcome of which was an independent centre named “CSR Centre”, established as a trust in September 05, 2007.

Moreover, to develop case studies highlighting the success of the firms which already adopted CSR principles, BEI had previously undertaken a project on Corporate Social Responsibility (CSR) with the support of KATALYST on October, 2004, to profile six socially responsible firms from different sectors that had good CSR practices. The five investigated sectors were Ready Made Garments (woven and knit), Financial Institutions, Pharmaceuticals, Home Accessories and Metal Industries.

In order to promote and facilitate the engagement of the private sector to uphold the 10 Principles of the United NationsGlobal Compact, the Bangladesh Enterprise Institute and the CSR Centre, in collaboration with UNDP Dhaka, jointly launched the United Nations Global Compact (UNGC) Bangladesh Network on 26 January, 2009. The project is a two year venture which consists of training programmes, advocacy and outreach initiatives, and research and network development activities supported by UNDP Dhaka.