Government to focus more on CSR in developing countries

A further 60 million kroner heading into the CSR funds

September 4th, 2014 3:13 pm| by admin

Denmark wants to create jobs in developing countries in close co-operation with Danish companies and strengthening corporate social responsibility (CSR) is high on the government’s agenda.

The trade and development minister Mogens Jensen has decided to add a further 60 million kroner to the 2015 national budget proposal so that the total funds for CSR growth in developing countries will be 142 million kroner.

“This CSR proposal invites Danish companies to become alliance partners,” Jensen said in a press release.

“It can make a massive difference in NGO co-operation and the government’s development efforts. The Danish companies must lead the way and spread Danish values in the global labour market."

READ MORE: Danish companies looking towards east Africa

Six points of separation
A new 6-point plan aimed at promoting CRS in developing countries has been drawn up, outlining the government’s ambitions in the area, ambitions that hinge on promoting responsible and sustainable production value chains in developing countries.

The government wants to increase its development work funds in 2015 with an additional 620 million kroner, 239 million kroner of which will help promote synergy development aid and Danish companies working in developing areas.

“Countries in Africa, Latin America and Asia crave investment and trade as part of their solution to creating sustainable development and lifting their citizens out of poverty,” Jensen said.

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