December meeting in Mauritius of key stakeholders has agenda item to plan how to proceed.Work out arrangements to coordinate among existing networks and associations.Next steps to develop strategy and organizational & governance structure.Develop tools to translate codes into practical business practices for firms of all sizes.Work with regional and global partners to establish codes of conduct and other innovative approaches.Mobilize members to participate in country coalitions for change.Call for an action-oriented approach, tackling some of Africa’s most serious challenges, such as anticorruption, better utilizing natural resources for development, and improving public procurement.Work with governments, stock exchanges, professional associations to create supportive environment for CSR.Identify companies who can share their experiences with CSR.Key emerging goal is to help firms mainstream CSR into corporate strategy.Leverage existing African networks & business associations.Call for creation of an African Responsible Business Network.Monitor, Evaluate & Report Back: WFEB partners can report back on progress in annual WBEF “Ethics in Business” symposiums.Monitor, Evaluate & Report Back: WFEB partners can report back on progress in annual WBEF “Ethics in Business” symposiums Take to Scale: The WFEB and its partners can not only support the emerging MNA and Africa Responsible Business Networks but take a lead in helping expand the model to other regions (East Asia, Latin America), and provide a platform for exchange of experiences across the regions.Broaden Partnerships & Engage Emerging Players: WFEB is well positioned to broaden partnerships to complementary forums and organizations (G20, UN Global Compact, TI, business associations) & engage emerging markets (BRICS including through G20). Egypt), and networks (e.g., MNA Responsible Business) helping to change the corporate culture through innovative leadership programs (TLEX, Wharton, Drucker) and recognizing success with awards. Mainstreaming CSR in corporate strategy: WFEB can deepen its impact by helping firms to mainstream CSR into their corporate strategy, by facilitating knowledge exchange among firms (e.g., WFEB award winners, governments (e.g.Get Concrete – Sectoral Impact: WFEB can help deliver concrete results in a few high priority areas (such as anti corruption, extractives, and procurement) by fostering multi-stakeholder coalitions for collective action at global, sectoral, and country levels, anchored around credible codes of conduct, self-reporting, and verification mechanisms.
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