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Coping with Globalisation: A Quarter Century of Efforts

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Soulful Corporations

Part of the book series: India Studies in Business and Economics ((ISBE))

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Abstract

Establishment of an equitable social order has been the prime human concern for ages. The central focus in this regard has been on the production, distribution and utilisation of wealth. The scenario of the fortunate few and the miserable many is also an inheritance from the earlier centuries. Social aberrations in the form of enormous inadequacies in educational and healthcare facilities have been long vying for attention. The aftermath of Industrial Revolution, marked by the phenomenal growth in number and size of the industrial enterprises at national and multinational levels, has brought to the fore the contentious issues of conservation and preservation of natural resources, environmental degradation, global warming, human relations, etc. These imbalances have now assumed disconcerting proportions, despite continuous and multiple initiatives and efforts by various agencies to tackle them.

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Notes

  1. 1.

    Melkert, Ad (2007), ‘A model of Global Cooperation’, The Hindu, September 20, 2007; accessed at http://www.hindu.com/2007/09/20/stories/2007092055461100.htm

  2. 2.

    Details accessed at http://www.un.org/geninfo/bp/enviro.html

  3. 3.

    Details accessed at http://www.climate-leaders.org/climate-change-resources/india-at-cop-15/unfccc-cop

  4. 4.

    Executive Summary of the Principles for Global Corporate Responsibility; accessed at http://www.bench-marks.org/execsumm.shtml

  5. 5.

    Details accessed at http://unfccc.int/kyoto_protocol/items/3145.php

  6. 6.

    Kothari, Ashish (2007), ‘The Reality of Climate Injustice’, The Hindu Magazine, November 18, 2007; accessed at http://www.hindu.com/mag/2007/11/18/stories/2007111850020100.htm

  7. 7.

    Details accessed at http://www.sa-intl.org/index.cfm?fuseaction=Page.ViewPage&PageID=937

  8. 8.

    Details accessed at http://www.saasaccreditation.org/certfacilitieslist.htm

  9. 9.

    Whilst the year 1990 has been taken as the base year and the year 2015 as the final year for each of the targets, methodologies of calculation and sources of data have changed during the period. Hence, slight differences were observed by us in the figures in different reports for the same duration. However, the latest figures have been taken to ensure the greatest accuracy of data and methodology, which has evolved over the decade-long period.

  10. 10.

    Below Poverty Line is poverty threshold used by the Government of India to identify individuals and households in need of government aid. It is determined using various parameters which vary from state to state and within states. The present criteria are based on a survey conducted in 2002.

  11. 11.

    Antyodaya cards are issued to such BPL families, who have the income less than Rs. 250 per month.

  12. 12.

    Defined as the number of pupils of the official school age for primary education enrolled either in primary or secondary school, expressed as a percentage of the total population in that age group.

  13. 13.

    The United Nations Educational, Scientific and Cultural Organization (UNESCO) describes ‘Gross Enrolment Ratio’ as the total enrolment within a country ‘in a specific level of education, regardless of age, expressed as a percentage of the population in the official age group corresponding to this level of education’.

  14. 14.

    Antiretroviral therapy coverage is measured among people living with HIV with a CD4 cell count at or below 350 cells/mm3.

  15. 15.

    Personal Interview at the UN Global Compact Office, New York in May 2013.

  16. 16.

    Personal Interview at the UN Global Compact Office, New York in May 2013.

  17. 17.

    Accessed at https://www.un.org/en/documents/udhr/

  18. 18.

    Accessed at http://www.hri.org/docs/ECHR50.html

  19. 19.

    Accessed at http://unctad.org/sections/dite/iia/docs/Compendium/en/13%20volume%201.pdf

  20. 20.

    Accessed at http://www.osce.org/mc/39501

  21. 21.

    Accessed at http://www.ilo.org/wcmsp5/groups/public/@ed_emp/@emp_ent/documents/publication/wcms_101234.pdf

  22. 22.

    Accessed at http://ec.europa.eu/transport/themes/strategies/doc/2001_white_paper/lb_com_2001_0370_en.pdf

  23. 23.

    Accessed at http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2002:0704:FIN:en:PDF

  24. 24.

    Accessed at http://ec.europa.eu/transport/themes/strategies/doc/2001_white_paper/lb_com_2001_0370_en.pdf

  25. 25.

    Accessed at http://www.pwc.fr//assets/files/pdf/2006/redesign/7/pwc_sustainability.pdf

  26. 26.

    Accessed at http://membres.multimania.fr/dessaudittlse/On%20the%20web/developpement%20durable/pwc_sustainability.pdf

Reference

  • Porter, M., & Kramer, M. (2011). Creating shared value: How to reinvent capitalism and unleash a wave of innovation and growth. Harvard Business Review, 89(1), 62–77.

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Shah, S., Ramamoorthy, V.E. (2014). Coping with Globalisation: A Quarter Century of Efforts . In: Soulful Corporations. India Studies in Business and Economics. Springer, New Delhi. https://doi.org/10.1007/978-81-322-1275-1_4

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