The following report analyzes how German Global Compact Companies integrate CSR practices following Global Compact principles into their business activities in Latin America.
Organization: GTZ , Global Compact.
Country/Region: Latin America
Key Area: Corporate Social Responsibility (CSR), Partnership for development
Author(s): Casado, Cañeque, Fernando; Klein, Johanna; Schwörer, Steffen.
The report analyzes how German Global Compact Companies integrate the CSR practices following Global Compact principles into their business activities in Latin America. It provides strategic recommendations on how companies can maximize their impact on the triple bottom line in relation to the development goals of the region.
The study revealed that in most cases CSR is managed centrally with a strong focus on local and regional implementation. While in most of the companies the implementation of the Global Compact Principles is streamlined internationally through codes of conducts and management systems, country subsidiaries are responsible for the implementation of social projects.