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GLOBAL VALUE - Assessing the Impacts of Multinational Corporations on GLOBAL Development and VALUE Creation

Project information

Grant agreement ID: 613295

Status

Closed project

  • Start date

    1 January 2014

  • End date

    30 June 2017

Funded under:

FP7-SSH

  • Overall budget:

    € 3 088 678,60

  • EU contribution

    € 2 499 781,60

Coordinated by:

WIRTSCHAFTSUNIVERSITAT WIEN

Austria

Objective

"The GLOBAL VALUE project develops an innovative framework for assessing impacts of Multinational Corporations (MNCs) on issues related to the Millennium Declaration, sustainable development, human rights, transparency, and anti-corruption. To ensure utility, we will monitor the policy debate on global and sustainable development and deliver a regularly updated catalogue of goals and indicators. We will shed light on institutional arrangements; analyse systems of governance for responsible business practices; explore responsible competitiveness; assess the complementarity of public and private sector activities; and derive recommendations for decision makers in business, policy and CSOs.

For addressing MNCs, the project will deliver a modular, user-friendly and customizable toolkit, including a web-based assessment platform, a tool navigator, a user guide, and training materials. It will take into account the most relevant pathways of impact (through business operations, community investments, regional, supply chain and product related impacts) and link up with powerful management approaches (such as supply chain management, life cycle assessment and base of the pyramid innovation).

The toolkit will be tested in close collaboration with leading MNCs: BATA (garment, Bangladesh), OLAM (food, Tanzania) and MONDI (paper & packaging, Russia a.o.). Research organizations, CSOs, and sector experts from these countries are members of the consortium and ensure the involvement of stakeholders and local actors. Reflexive learning workshops contribute to a continuous improvement of the toolkit.

The project is carried out by leading researchers from Europe and ICPC countries, and involves relevant UN bodies in an advisory capacity. Special emphasis is put on research capacity building in and networking with ICPC countries and CSOs. By establishing an ""expert crowd"" we take business, society, and policy perspectives into account - more than 200 experts are currently part of the crowd."

Coordinator

WIRTSCHAFTSUNIVERSITAT WIEN

Address

Welthandelsplatz 1
1020 Wien

Austria

Activity type

Higher or Secondary Education Establishments

EU Contribution

€ 618 777

Administrative Contact

Andre Martinuzzi (Dr.)

Participants (11)

AALTO KORKEAKOULUSAATIO SR

Finland

EU Contribution

€ 203 359,25

COPENHAGEN BUSINESS SCHOOL

Denmark

EU Contribution

€ 225 179,60

KOZEP-EUROPAI EGYETEM

Hungary

EU Contribution

€ 206 880

LUDWIG BOLTZMANN GESELLSCHAFT OSTERREICHISCHE VEREINIGUNG ZUR FORDERUNG DER WISSENSCHAFTLICHEN FORSCHUNG

Austria

EU Contribution

€ 107 440

OEKO-INSTITUT E.V. - INSTITUT FUER ANGEWANDTE OEKOLOGIE

Germany

EU Contribution

€ 372 857,75

THE UNIVERSITY OF NOTTINGHAM

United Kingdom

EU Contribution

€ 186 036

UNIVERSITAT DES SAARLANDES

Germany

EU Contribution

€ 271 360

SUSTAINALYTICS BV

Netherlands

EU Contribution

€ 105 780

BRAC SOCIETY

Bangladesh

EU Contribution

€ 128 427

Sokoine University of Agriculture

Tanzania

EU Contribution

€ 73 685

Tata Institute of Social Sciences

India

Project information

Grant agreement ID: 613295

Status

Closed project

  • Start date

    1 January 2014

  • End date

    30 June 2017

Funded under:

FP7-SSH

  • Overall budget:

    € 3 088 678,60

  • EU contribution

    € 2 499 781,60

Coordinated by:

WIRTSCHAFTSUNIVERSITAT WIEN

Austria