Entrepreneurs
urge socially responsible business practices
KATHMANDU, August 5
Entrepreneurs from across the board came together
to inaugurate an office named South Asia Alliance
for Responsible Business (SARB), in an effort to ensure
socially responsible business practices.
The SARB office, established in the FNCCI premises,
will work exclusively for making the business sector’s
role more socially responsible, assured Binod Bahadur
Shrestha, president of FNCCI, after inaugurating
the SARB secretariat. SARB will establish a true
partnership with NGOs that will strengthen its ability
in making business more prosperous and socially
responsible. Countries such as Bangladesh, India,
Sri Lanka, Pakistan, and other regional bodies have
already agreed to be a part of the alliance, especially
environment for indulging in CSR through multi-sector
and multi-country partnership. It has the job of
providing a regional platform to share knowledge
and experience on CSR (Corporate Social Responsibility).
SARB will carry out studies on CSR status in the
region, engage governments for promotion of CSR,
expedite business schools for strengthening businesses
and develop a code of conduct for each countries
in South Asia.
