Are developing economies really benefitting from large companies?
Author: Lisette van Rhijn, CSR Asia, Published on: 28 July 2010
Many people around the world still criticize large companies for doing more harm than good in emerging markets…Three studies on Unilever’s operations in developing countries help us understand how companies have an impact on the local economy...What can we learn from these studies? Although the three reports are different in nature…these studies suggests similarly that business does play a vital role in…helping to accelerate social and economic development and improving livelihoods in a country...If done properly, the benefits can outweigh the harm easily...Unilever feels that their businesses can only prosper and flourish if they are part of healthy, stable communities. [Also refers to Heineken, Vodafone, Coca Cola, Pepsico, adidas]