Study Tour: Corporate Social Responsibility of German Companies

July 3 (Mongolian Economy) This June (2012), the "Corporate Social Responsibility (CSR) of German companies" study tour, was put together by Gesellschaft fьr Internationale Zusammenarbeit's(GIZ) Integrated Mineral Resource Initiative. A dozen representatives of different mining companies attended, representatives of the Mongolian Economy magazine also attended to document proceedings.

The CSR study tour is an initiative of the German Parliament (Bundestag), and the Federal Ministry of Labour and Social Affairs. The national German Action Plan, "CSR in Germany" describes how government policy can foster development of corporate social responsibility and is implemented by the Ministry of Labour and Social Affairs. The strategic aims of the Action Plan for CSR include promoting enterprises who champion the practice of CSR, and imbedding CSR practices in small and medium sized enterprises, public institutions and businesses. Member of Parliament, Ute Kumpf (SPD), noted in her presentation that all the standards set for private companies should also be followed by the public sector.

Standards for CSR include:

• The fair treatment of employees
• Efficient use of natural resources
• Responsible supply chain management
• Respect human rights, and follow the ILO labor standards
• Transparency

The study tour enabled all participants to familiarize themselves with CSR implementation practices and to visit best practice companies. The tour visited energy producer RWE, companies such as Thyssen Krupp, Daimler, Siemens, IBM, and several other organizations including Chamber of Industry and Commerce of the Stuttgart and Karlsruhe regions, Technology Institute Karlsruhe, Deutsche Bank, Hertie School of Governance, and the Center for Corporate Citizenship Germany.

The German CSR model supports interaction between stakeholders including business, the public sector, unions, professional associations, non-governmental institutions and civil society.

Full coverage of the CSR study tour will be published in the Mongolian Economy's second July issue.

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