Multinational corporations, for example, can actually be the catalyst of green supply chain practices and management especially when they have the power to establish sustainable internal operation as well as the capacity to influence their suppliers consisting of hundreds smaller companies to turn their operations greener. Novozymes on the other hand is a company that moves a step ahead in conducting CSR initiatives. It has leaped from risk and cost avoidance to new business. Novozymes produced enzymes that make reaction more efficient, faster and often reduce chemical by products. Being the world leader in bio-innovation, Novozymes supplies to over 40 industries in 30 countries. What makes Novozymes contribution highly important in the industry are their products that enable other companies to significantly minimise resources usage and waste produced. Instead of viewing CSR as a liability or a way to give back to the community, Novozymes directly have CSR initiatives to its business advantage.
Table of Contents
1.0 Introduction
2.0 Strategic Integration at Novozymes
2.1 Drivers for integration
2.2 How does Novozymes strategically integrate?
3.0 Stakeholder Engagement
3.1 Community Engagement
3.2 Customer Engagement
3.3 Engaging with NGOs
3.4 Multi-stakeholder engagement
3.5 Supplier engagement
4.0 Novozymes Communication and Reporting
4.1 Progress on the UN Global Compact’s 10 principles (Highlights)
4.2 UNGC Communication on Progress (COP) - Peer review
4.3 Novozymes' Communication Policy
5.0 Conclusion
References
Appendix
LEAD Participants
TheUN Global Compact’s 10 principles
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