GLOBAL VALUE – Assessing the Impacts of Multinational Corporations on Global Development and Value Creation
The private sector is an important actor in addressing global development challenges. Despite the calls for corporate accountability, comprehensive frameworks supporting multinational companies (MNCs) to manage and measure their development impacts are still lacking. The GLOBAL VALUE Project aims at addressing this need.
- An evidence-based, credible and independent impact assessment framework, including an indicator set, and toolkit for MNCs.
- A policy roadmap and recommendations for decision makers in policy, business and civil society organisations.
- Empirical evidence enriching the academic discourse on development impacts of MNCs and the interrelations between responsible business practices, competitiveness, and official development assistance.
Methodological advancements in corporate impact assessment, stakeholder engagement, as well as crowd intelligence and design thinking in a research context.
The Ludwig Boltzmann Institute of Fundamental and Human Rights (LBI-GMR) supports the project with human rights expertise. In 2015, LBI-GMR experts conducted a case study on the core labour standards in the Tanzanian tea sector. In preparation, LBI-GMR and the German Öko-Institute, made a field trip to Tanzania.
Persons involved: Karin Lukas, Barbara Linder (Project management), Claudia Sprenger
Contact persons: Karin Lukas
Lead Organisation: Institute for Managing Sustainability (RIMAS), Vienna
Partner organisations: 11 Partner organisations, including: • Aalto University, FI • Öko-Institut e.V., DE • Nottingham University, UK • Central European University, HU • BRAC, BD • Sokoine University, TZ, Ludwig Boltzmann Institute of Fundamental and Human Rights (LBI-GMR)
Project start: 01/2014
Project end: 04/2017
Project completed: Yes
Funded by: European Commission, Directorate General Research, 7th Framework Programme