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Changing the Boundaries of Expectations: MNE Uptake of Universal Principles and Global Goals

Changing the Boundaries of Expectations: MNE Uptake of Universal Principles and Global Goals

Virginia Munro
Copyright: © 2018 |Pages: 33
ISBN13: 9781522531173|ISBN10: 1522531173|EISBN13: 9781522531180
DOI: 10.4018/978-1-5225-3117-3.ch007
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MLA

Munro, Virginia. "Changing the Boundaries of Expectations: MNE Uptake of Universal Principles and Global Goals." Examining the Private Sector's Role in Wealth Creation and Poverty Reduction, edited by Scott A. Hipsher, IGI Global, 2018, pp. 138-170. https://doi.org/10.4018/978-1-5225-3117-3.ch007

APA

Munro, V. (2018). Changing the Boundaries of Expectations: MNE Uptake of Universal Principles and Global Goals. In S. Hipsher (Ed.), Examining the Private Sector's Role in Wealth Creation and Poverty Reduction (pp. 138-170). IGI Global. https://doi.org/10.4018/978-1-5225-3117-3.ch007

Chicago

Munro, Virginia. "Changing the Boundaries of Expectations: MNE Uptake of Universal Principles and Global Goals." In Examining the Private Sector's Role in Wealth Creation and Poverty Reduction, edited by Scott A. Hipsher, 138-170. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-3117-3.ch007

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Abstract

The World Economic Forum Annual Meeting, incorporating the Business and Sustainable Development Commission (BSDC), has stated more rapid attention needs to be directed to implementation of the United Nations (UN) Sustainable Development Goals (also known as Global Goals) by 2030, and this is particularly the case in developing countries. Strategy with this type of inclusion is at the forefront of the solution to current global climatic change and escalating social problems such as poverty, hunger, and inequality. This chapter argues that multinational enterprises (MNEs) are in an excellent position to implement Social Initiatives (SIs) as part of the Sustainable Development Goals (SDG) framework and incorporate this into their CSR strategy. This will allow MNEs to be key instigators of SDG implementation and collaboration across sectors, governments, and public and private entities. This chapter provides an explanation of the various frameworks that support MNEs to implement SDGs, and describes the requirements for implementation, followed by a summary of 15 case studies where SDGs have been successfully implemented within a Shared Value and CSR context.

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