Catalyzing the Business Community’s Role towards Greater Corporate Social Responsibility through Global Compact Principles in Viet Nam
The overall objective of the project is to encourage adoption of socially and environmentally responsible business behaviour among businesses operating in Viet Nam. This is to be achieved through promoting the United Nations Global Compact (CG) initiative and facilitating innovative partnerships among the private sector, public sector and civil society in Viet Nam, with the goal to create sustainable development. The project contributes to equitable and inclusive growth and supports the national implementation of a number of international agreements and conventions that relate directly to business activities.
The project will focus on three closely inter-related components which are formulated around the GC initiative: i) corporate social responsibility (CSR) promoted in Viet Nam through the local Global Compact network; ii) CSR embedded in Viet Nam through training, research and curriculum development; and iii) stakeholders engaged in partnerships within the Global Compact to advance the Millennium Development Goals in a more efficient and strategic way.
The project fosters CSR in Viet Nam as part of significant contributions to implementation of the country’s sustainable development strategy. Through the project, the development outcomes laid out in the UN’s One Plan will be advanced through engagement with the private sector. Additionally, the project also promotes CSR through raising awareness among a wider group of stakeholders, including civil society and mass media. The project will also provide CSR-related policy research and advice to the Government and counterpart institutions.
What are the project's key results?
- Corporate Social Responsibility (CSR) promoted in Viet Nam through the local Global Compact network.
- CSR embedded in Viet Nam through training, research and curriculum development.
- Stakeholders engaged in partnerships within the Global Compact to advance the Millennium Development Goals in more efficient and strategic way.
Finance, Executing and Implementing Agency
|Project Number||Funding||Executing Agency||Implementing Agency|
|Total budget is US$2,500,000 (funded by UNDP) and US$45,000 (as in-kind contribution from the Viet Nam Chamber of Commerce and Industry)||Viet Nam Chamber of Commerce and Industry (VCCI)||The Office for Business Sustainable Development|