Wednesday, May 6, 2020

The Egyptian Corporate Responsibility Center - 1246 Words

According to ECRC, corporate social responsibility in Egypt is defined as the adoption of sustainable business models and practices that have positive impacts on the society. The private sector in Egypt is responsible for creating about 70% of all employment in the country. However, there is room for the private sector to improve its social offerings to the society in general through corporate social responsibility. The Egyptian corporate responsibility center (ECRC) was established in the year 2004 as a joint project between the United Nations development program and the Egyptian government (Grayson and Jane, 71). The main aim of the ECRC is to ensure that both private and public companies align their social responsibility programs for the greatest benefits to the Egyptian citizens. It is important to note that in Egypt private organizations and NGOs mainly conduct CSR activities. It is the responsibility of the Egyptian government to provide basic services to the population. The country aimed to meet the millennium development goals by the year 2015. It was clear right from the beginning that government and civil organizations would not be able to meet these goals on their own. The private sector would have to play an important role in ensuring that these goals were met. In addition to providing employment to about 70% of the population, the private sector would also have to shoulder some projects in improving the lives of the population. The establishment of the ECRCShow MoreRelatedExxon Mobil Egypt : The Historical Backdrop Of Exxonmobil Egypt1703 Words   |  7 Pagesthe nation. ExxonMobil is focused on drawing in, creating and holding the best individuals from the broadest conceivable representative pool to meet our business needs. ExxonMobil Egypt utilizes around 400 men and ladies, by far most of whom are Egyptian. The administration stations conveying the Mobil or Esso brands utilize much more. 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