Alleviating Hunger Without Handouts
Throughout 2004 World Council For Corporate Governance has drawn corporate attention to the widening gap between rich and poor and the governance strategies required for bridging it. We have repeatedly argued that the socio-economic disparities are a serious threat to the security and sustainability of business. The business should have a vested interest in thinking of radical ways to draw the poor in to the market economy and reassure them that globalisation will equally work for them.read more

CSR for bridging the gap
FAO’s latest hunger report says starvation, man’s oldest enemy, still lurks in large parts of the world. In India hunger stalks 842 million people even today. 10 million hungry live in industrialized countries including US & UK. The fact is that, hunger is actually on the increase. The number of undernourished people in 26 developing countries has increased by 60 million during the second half of the decade. 30 million more people have slipped into hunger in just two countries, India and the Democratic Republic of Congo. 33 million have been added to the ranks of hungry in India in 2001-2002 alone. According to the results of 5th round of the National Sample Survey, the number of people below the poverty line in India has arisen to 27.6% in 2001-2002 compared to 24.4% in 2000-2001. India’s poor are the worst off among emerging markets. read full

Tackling poverty makes business prosperous
For the first time in human history, fighting poverty has become a global issue. Throughout 2004 World Council For Corporate Governance has drawn corporate attention to the widening gap between rich and poor and the governance strategies required for bridging it. We have repeatedly argued that the socio-economic disparities are a serious threat to the security and sustainability of business. The business should have a vested interest in thinking of radical ways to draw the poor in to the market economy and reassure them that globalisation will equally work for them. read full