© ISO 2007 - all rights reserved
57 2431
Box 12 Examples for promotion of education 2432
A large company installs classrooms at its factories for its employees to complete primary and secondary 2433
schooling. 2434
A government gives financial aid to poor families to help them keep their children at school as a means of 2435
promoting education and combating child labour. 2436
2437
e Contribution to alleviation of poverty and hunger 2438
An organization should: 2439
Contribute to employment and income generation, bearing in mind the value of including minority
2440 groups. This can be done through its core activities andor investments in social programmes;
2441
Contribute to programmes that provide access to food for disadvantaged people, taking into account 2442
the importance of increasing their capabilities, resources and opportunities; and 2443
Support social entrepreneurship ventures and the development of technologies that are low cost, easily
2444 replicable and have a high social impact on poverty and hunger eradication.
2445 2446
Box 13 Examples of contribution to alleviation of poverty and hunger
2447 An NGO collaborates with the government to build cisterns that provide access to drinking water during
2448 droughts.
2449 A local government develops a programme to support subsistence production in rural areas.
2450 A financial institution develops a micro credit programme.
2451 2452
6.8.4 Social development issue 2: Contribution to economic development 2453
6.8.4.1 Description of the issue 2454
All organizations and their operations have an effect on the whole economy and its development at an 2455
international, national or local level, but often their main impacts, both positive and negative, are at the local 2456
level. 2457
Economic development not only helps to overcome social problems but also may strengthen the 2458
organizations involved. 2459
The efficient use of resources, the payment of taxes, the development of new technologies and investment 2460
all contribute to economic development. Income from taxes provides the means for authorities to manage 2461
and develop infrastructure, for example transportation, and public services, such as education. There is a 2462
huge potential in innovation, technology and science for an organization to develop goods and services that 2463
can contribute to sustainable development. To overcome under-development and its associated problems, 2464
countries need access to modern technology. 2465
Responsible investment is a means by which investors may give preference to activities beneficial to 2466
society, which can be viewed as a contribution to the present and future welfare of society. 2467
Although employment generation is crucial for economic development, this issue is addressed in Clause 2468
6.4 Labour practices. 2469
58
© ISO 2007 - all rights reserved
6.8.4.2 Related actions and or expectations
2470
a Use of resources 2471
An organization should: 2472
Use resources efficiently, including seeking to make multiple uses of natural resources, endeavouring
2473 to use resources in a way that helps to alleviate poverty;
2474
Uphold and promote respect for property rights; 2475
Respect the traditional use of natural resources by local populations, in particular indigenous people;
2476 and
2477
Obtain the informed consent of the local community to use of the local natural resources before using 2478
them. 2479
2480
Box 14 [Examples of involvement of local communities in the use of resources]
2481 A large pulp and paper company that owns a forest plantation assists small local businesses to sell their
2482 forest stocks.
2483 A state-owned company consults the local community before building a dam.
2484 2485
b Contribution to the local economy
2486 An organization should:
2487
Try to create positive effects for the local economy, thus contributing to local capacity building and the 2488
formation of human capital; and 2489
Give preference to local suppliers of goods and services and, where possible, contribute to local
2490 supplier development.
2491 2492
Box 15 Example [Title needed]
2493 A car producer gives technical and managerial training to small- and medium-sized enterprises in its local
2494 area.
2495 2496
c Taxes 2497
An organization should fulfil its tax responsibilities and provide the authorities with the necessary 2498
information to correctly determine its taxes. Governments play an important part in managing tax systems 2499
properly and the effective use of revenues. Civil society organizations can contribute to both a robust tax 2500
system and the efficient use of resources and should scrutinize these activities of government. 2501
d Innovation, technology and science
2502 An organization should:
2503
Engage in partnership with local organizations, for example universities or research laboratories, to 2504
undertake research; 2505
Where appropriate, perform its scientific and technological development in the local community and
2506 employ local people in this work;
2507
© ISO 2007 - all rights reserved
59
Set reasonable terms and conditions for licenses or technology transfers so as to contribute to long 2508
term local development; and 2509
Where feasible, adopt practices that allow technology transfer and diffusion.
2510
e [Socially] responsible investment 2511
An organization should consider the environmental, social and corporate governance aspects and the 2512
social responsibility of the organizations in which they invest or seek to invest. 2513
2514
Box 16 [Example of socially responsible investment] 2515
A large investment bank establishes a fund that invests only in organizations that fulfil criteria based on the 2516
“triple bottom line”, that is economic, social and environmental factors. 2517
2518
6.8.5 Social development issue 3: Community involvement [issues]
