35 posts categorized "Corporate Responsibility"

October 03, 2013

Reflections from the World Economic Forum’s Impact Investing Initiative

This article was co-written with Carolien de Bruin and Joel Bryce.

Plant in a money pot ind_fsi_glb_ho_237_hiSeptember marked the completion of Phase 1 of a year-long initiative in which the World Economic Forum (The Forum) engaged Deloitte on its Mainstreaming Impact Investing initiative. The purpose of the initiative was two-fold:(1) Better understand whether the buzz and excitement with impact investing is more than “a flash in the pan” and if it represents a structural shift in how investments are made, especially as it relates to mainstream or institutional investors; and (2) Assess who are making impact investments, and – as importantly – who are not, today.

In this context, impact investing, in its simplest form, is leveraging one’s investment portfolio to intentionally create social value (of course, and financial returns).  Going into this initiative, we knew that many high net-worth individuals, foundations, and development organizations look to create social and environmental value with their investment portfolio. However, we were keen to understand whether “mainstream investors” such as pension funds, insurance companies, sovereign wealth funds, university endowments, and other large-scale asset owners were making a play in the space, and if not, why.

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February 13, 2013

Looking to the future: Young scholars awarded global opportunity

Blog_stackedbooks_300x200On February 13, Professor Donna Street, Mahrt Chair in Accounting at the University of Dayton and IAAER Director of Research and Education Activities, and I launched the new Deloitte IAAER Scholarship program. By connecting young professors to the global accounting profession and academic world, the program should bring a broader perspective to local accounting education. It provides the link between “local” and “global” accounting developments, reflecting the global progression of the profession and business in general--a path that will continue into the future.

The Deloitte IAAER scholarship program will benefit future accounting professionals who go on to become auditors, preparers of financial statements, budget holders, or financial controllers, just to name a few. In the long term it will help raise the quality of accounting, auditing and financial reporting in markets around the world.

I want to share with you an interview with Donna  as she shares her thoughts on the program, as well as the views of the five young associate professors who are the inaugural Deloitte IAAER scholars.

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June 23, 2012

Rio+20 demonstrates that we’re “headed in the right direction”

Dttl_antsonbranchAs more than a week of activities at the United Nations Conference on Sustainable Development (Rio+20) concluded yesterday, I think everyone who contributed thought leadership, put their and their organization’s support behind conference goals, and supported the sessions should be happy with where the conference ended: that is, happy that change is happening and that we are headed in the right direction, but not, in my opinion, content to think the work is done.

As you know from our messages over the past week, Rio+20 set out to help shape new policies to promote global prosperity, reduce poverty, and advance social equity and environmental protection.  Along those lines, those of us who participated in a related conference over the past several days—the Rio+20 Corporate Sustainability Forum (CSF)—had three specific goals in mind:

  • Set the stage for further growth for companies engaged in sustainable development
  • Demonstrate that many solutions for sustainable development already exist
  • Demonstrate concrete, tangible action on a massive scale

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June 22, 2012

Integrating sustainability and the environment into an effective business education

Green appleRio is an exciting cosmopolitan city but even this dynamic and festive city received a jolt of activity when 5,000 registrants arrived this week for the much-anticipated United Nations Conference on Sustainable Development (Rio+20). One of my first activities after I arrived was to take part in the “Principles for Responsible Management Education (PRME) Summit” which preceded the official opening of Rio+20. 

As many of you know, education is a primary global focus for corporate responsibility at Deloitte, so it was energizing to hear discussions around the future role of business management education in creating the society we all want and deserve. The PRME initiative is a partnership of a number of academic and public sector international organizations that support the notion of business schools having a unique niche at the forefront of innovation for sustainable development. These groups believe that action must be taken now to envision and implement a business education construct that adequately takes sustainability issues and the environment into consideration of how business gets done.

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June 21, 2012

Ready Set Go! Rio+20 starts

Green bottlesAnd so it starts!  What an especially exciting time to be in Rio de Janeiro!  I am here for some of the numerous events being held over the next few days in conjunction with the 20th anniversary of the original Rio summit on the environment held here in 1993.  In fact, this week's much-anticipated event has been given the catchy name of "Rio+20," because of this milestone year.  The more formal name is the United Nations Global Compact Corporate Sustainability Forum and it kicks off this evening with an opening ceremony and reception.

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June 20, 2012

Rio+20: Deloitte + Me, Contributing to the global sustainability dialogue

Rio de JaneiroThe world is quite literally coming together in Rio for a few days 20-22 June to build consensus on a more sustainable course for our planet.  The unifying event is the United Nations Conference on Sustainable Development, which has a much more catchy title: Rio+20.

Organized by the United Nations, Rio+20 will enable thousands of government participants as well as many from the private sector—including Deloitte—to play a critical role in creating some innovative business solutions with long-lasting social and environmental impact. A related event being held in Brazil’s second largest city in the days leading up to the UN Conference on Sustainable Development is the Rio+20 Corporate Sustainability Forum, which will focus more on the business contribution to sustainable development.  The number “20” is a reference to the years since the 1992 Earth Summit in Rio where many countries rallied for the first time around a blueprint for economic growth that would consider social equity and environmental issues. 

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January 25, 2012

Business leaders and ‘Millennials’ agree – the purpose of business is more than just profit


The 2012 Annual Meeting of the World Economic Forum opened today in Davos-Klosters, Switzerland. Being here in Davos is exhilarating and inspiring – and the time always flies by so quickly.

One of the highlights of the day for me was taking part in a panel discussion chaired by London Business School professor Lynda Gratton. We discussed how the art and science of leadership are fundamentally changing in the 21st century. Another highlight today was helping lead discussion with other Forum delegates in a brainstorming session on the topic of the role of business in society.

These are subjects I feel strongly about. Earlier this week, Deloitte announced the results of a global survey, conducted by the Economist Intelligence Unit (EIU), of business leaders’ attitudes on the purpose, impact, and leadership of business on society.

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November 30, 2011

Mobilizing healthcare resources – TUNAJALI “We Care” program

TUNAJALI The TUNAJALI "We Care" program is an initiative supported by the U.S. President’s Emergency Plan for AIDS Relief, through USAID, to assist the Government of Tanzania. Deloitte Tanzania implements the TUNAJALI HIV/AIDS Care and Treatment Program in collaboration with Family Health International and Cardno Emerging Markets, and this was  one of several client case studies recently highlighted in the Deloitte 2011 Annual Review.

It has been scientifically proven that the virus that causes AIDS, HIV, continuously mutates. Full adherence to HIV treatment is key to suppressing the spread of HIV. Poor adherence to HIV treatment has the dangerous potential of generating drug-resistant HIV viral strains, which could subsequently be transmitted.

People living with HIV/AIDS (PLIV) on anti-retroviral therapies (ART) must take medication daily for the rest of their lives. The TUNAJALI program experience shows that these patients are highly motivated to take medication initially, but that that changes over time. After nearly three years of treatment, some supported Care and Treatment Clinics (CTC) started experiencing notable losses of patients on ART. Some of the high volume (over 5,000 patients) at CTC sites were reporting Lost-to-Follow-up (LTF) patients between 30- to 40 percent of their enrolled PLHIV. A patient is considered LTF after two to three attempts to contact them within a three-month time period have failed. This raised serious concerns about long-term patient adherence to medication. It was clear efforts had to be made to identify the “lost” patients and to take reasonable steps to prevent “losses” of patients in the future.

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September 21, 2011

Deloitte21 program e-Learning for Kids and e-Learning for Life: Founding dreams through free digital education

High school students in Kosovo participating in the e-Learning for Kids curriculum.

Learn more about Deloitte’s education and skills initiatives

What chances does a young person have nowadays without a good education? In a world where quality education is taken for granted in order to have well-being and prosperity we’re not always aware that this is not the case for everyone. Worldwide, there are still millions of youths who will not achieve their dreams of becoming, for example, a nurse, entrepreneur, police officer, or engineer, let alone a Nobel Prize winner simply because of a lack of good education. These young people may not be gaining computer literacy, teamwork skills, and the ability to solve problems, local or global, in a creative and innovative way. Or, they may even work long hours in factories to earn little money, survive in dangerous warzones, or live in remote areas where schooling is unavailable. Because of these circumstances, the goal of a prosperous future seems unattainable.

Who are e-Learning for Kids and e-Learning for Life, and what do we do?

We are here for every child and young adult with a dream. Since the end of 2004, e-Learning for Kids and e-Learning for Life have been developing free, digital, and innovative lessons for underprivileged children and teens, advancing young people’s 21st-century skills-readiness on a global scale. We see ourselves as a foundation that helps young people realize their dreams by preparing them for successful futures. Through our programs, young people enjoy working and playing on the computer. Our digital lessons are designed to inspire learning in a fun way. It is our belief that every young person deserves a chance to reach his or her full potential.

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August 01, 2011

Deloitte21: Helping underserved young people thrive

Learn more about Deloitte’s education and skills initiatives

Barry Salzberg, Chief Executive Officer, Deloitte Touche Tohmatsu Limited, enthusiastically shares his thoughts on Deloitte21, a Deloitte network-wide global initiative aimed at helping underserved young people acquire the education and skills needed to thrive in the 21st-century economy.

“The world is currently facing a growing talent gap between what potential workers are learning and the actual skills needed to thrive today and in the future.”

“It is imperative for businesses worldwide to recognize this void and take action toward adequately preparing young people for a knowledge-based economy.”

-Barry Salzberg, CEO, DTTL

0:06 - What is Deloitte21?
1:43 - How is the Deloitte global network taking action and what is unique about its approach?


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