Strategic Community Investment : A Good Practice Handbook for Companies Doing Business in Emerging Markets
This handbook updates and expands upon the learning in IFC's 2000 community development resource guide entitled, Investing in People: Sustaining Communities through Improved Business Practice. It was produced in response to demand from compani...
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Format: | Working Paper |
Language: | English en_US |
Published: |
Washington, DC
2017
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Online Access: | http://documents.worldbank.org/curated/en/230541468160771028/Strategic-community-investment-a-good-practice-handbook-for-companies-doing-business-in-emerging-markets http://hdl.handle.net/10986/27842 |
Summary: | This handbook updates and expands upon
the learning in IFC's 2000 community development
resource guide entitled, Investing in People: Sustaining
Communities through Improved Business Practice. It was
produced in response to demand from companies for updated
how-to guidance and current good practice approaches.
Companies around the world engage in community investment
efforts as a way to promote local development and benefit
stakeholders in their areas of operations. For the private
sector, effective community investment programs can help
companies gain a social license to operate, access land,
reduce project and reputational risks, boost productivity,
meet government requirements or global standards, and/or
successfully compete for the next venture. The aim of this
handbook is to help IFC client companies and the wider
private sector operating in emerging markets to think
strategically about how they can support community
investment programs that are successful, sustainable, and
consistent with their business objectives. The handbook is
meant for use by anyone who is interested in developing a
company-supported community investment program or improving
the performance of an existing one. The content of the
handbook is organized around seven key areas comprising a
comprehensive strategic planning framework for community
investment. To help users with practical application, the
Handbook is also supplemented by additional tools and
information which are included in the tools section or
listed under useful references. |
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