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Issue 13: Key Trend - The Contribution of Business in International Development

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Business is increasingly being seen as a key player in international development in order to meet the needs of our poorest global communities.  From the business perspective, with the world’s fastest growing economies in Africa and Asia, companies are seeing opportunities for further growth in emerging and developing markets and development issues are being addressed by International Corporate Responsibility strategies more and more.
That is why in this month’s issue, we take a closer look to it.

In our cover article Sue Adkins, International Director at Business in the Community describes some of the key insights from BITC’s work convening business to participate in the future of the UN Millennium Development Goals and the Post 2015 Agenda.

As an illustration of the growing number of businesses that are addressing development issues, this week we announce the five companies that have achieved a Big Tick in the Citi International category of the BITC Responsible Business Awards. The Big Tick in this category means that all these companies can demonstrate positive impact against one or more of the United Nations Millennium Development Goals and business benefits.

To further demonstrate the scale of the contribution business can make, we take a closer look at the new GlaxoSmithKline and Save the Children partnership with the aim of saving the lives of a million of the poorest children in the world, sharing the former’s expertise on pharmaceuticals with the latter’s in child health expertise and experience in reaching the poorest children in the most marginalized areas.

And finally, International law firm Allen & Overy’s Pro-bono and Community Affairs Senior Manager Chris Marshall also talks about their partnership with the Red Cross on their innovative Disaster Relief programme, explaining the business case in engaging in emergency relief activities, as well as identifying the progress that’s been made in recent times as well as the challenges that lie ahead.

Enjoy the issue.

Aitzole Araneta,
BITC International Marketing and Communications Officer

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