Business and Society – Veolia Environment
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Muhammad Faheem Bin Latiff
ID: 15448242
[email protected]
Friday 0900 to 1200pm
Semester 01, 2011 – Singapore
Business and Society – Veolia Environment
21 April 2011
We are writing to propose and recommend to the Local Network to give support in fulfilling official requirements with the UN Global Compact 10 principles. The 2 Principles that our company are going to talk about are principle 2 and 7. It states that in principle 2 “Businesses should make sure they are not complicit in human rights abuses.” And principle 7 states that “Businesses should support a precautionary approach to environmental challenges.”
Veolia Environment goal is to make earth a better environment to live in. In order to do so, the company need to satisfy the stakeholders in relation to the UN Global Compact. The stake holders for the company are the society, government, the employees and the stakeholders itself.
Veolia Environment is the word leader in environmental services. Our company experiences around the world in dealing with the environmental issues have allowed us to provide recommendations and suggestion to the local network in relation to the global compact principles. As stated in the companys mission, we acknowledge the importance of the environmental challenges and human rights issue.
Veolia has been supporting the communities worldwide. The company had provide humanitarian aid to the countries that been hit by natural disasters. We are very committed in providing humanitarian aid. In 2004, a foundation was created. It is called the Veolia Foundation. There are 2 main priorities in this foundation. The 2 are financial support, which funds project and skills support, which addresses emergency humanitarian. The United Nations (UNICEF) and Veolia Environment work together to provide any necessary assistance to the country in need. Our company practices are similar to the Global Compact principles.
Before we can support the UN Global Compact, we need to:
Introduce our company background, vision, innovations and what we had done in the past
Educate the society about the products that we use
Comply with the local and international regulations
Transparency
We have 3 main recommendations that would help that we would like you to view:
Creating a social network for the company (eg. Facebook, twitter)
Monitoring the situation according to the society needs
Encourage best practice through innovation, appropriate solutions and community engagement
RECOMMENDATIONS I
Creating a social network for the company
From what you can see from our website, we already launched a website for the kids (
Who will benefit?
There are many integrated benefits that local networks and the shareholder would get. The local networks would know what the company are doing with the society and how the company works. The interest group will be clearer what is the company mission and vision. They will know that the projects and the machinery our company use would not go against the UN Global compact.
Besides the society and the local networks, the company would also gain from it. Firstly, the company name would be in the good