United Nations Development Programme, China International Centre for Economic and Technical Exchanges under Ministry of Commerce and Yunnan Metallurgical General Company joined forces in a unique partnership that brings together development experiences of an international agency, support from the government, and commitment of Chinese enterprises to promote sustainable development in China.<\/p>\n
Yunnan Metallurgical General Company, among the first Chinese enterprises to cooperate with UNDP, contributes a total of CNY100 million to establish one of UNDP's largest corporate social responsibility initiatives in China in a variety of areas ranging from poverty reduction, socio-economic development to environmental and ecological improvement. A Memorandum of Understanding was signed on June 24 at a high profile event in the Great Hall of the People, which marks the establishment of a three-pronged model of CSR partnership through a conjuncture of its core business, social investment and CSR advocacy.<\/p>\n
The cooperation between the three is in response to a growing CSR movement across the world. A community of leading business and social entrepreneurs increasingly invest in socially responsible practices, sustainable economies, eco-friendly business and fair trade.<\/p>\n
\"Cooperation among UNDP, CICETE and enterprise sector will promote development of enterprises, and endows great significance in attainment of all-around well-off society and UN Millennium Development Goals\", said Vice Minister of MOFCOM Yi Xiaozhun.<\/p>\n
YMGC is credited for its long commitment to corporate citizenship with 4% of its investment goes to reduce emissions and conserve energy. In 2007, the state-owned company won the China Environmental Protection Award, the most renowned of its kind in China.<\/p>\n","protected":false},"excerpt":{"rendered":"
United Nations Development Programme, China International Centre for Economic and Technical Exchanges under Ministry of Commerce and Yunnan Metallurgical General Company joined forces in a unique partnership that brings together development experiences of an international agency, support from the government, and commitment of Chinese enterprises to promote sustainable development in China.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[1304,1305,225,1306],"class_list":["post-2469","post","type-post","status-publish","format-standard","hentry","category-business","tag-advocacy","tag-mofcom","tag-undp","tag-yunnan-metallurgical-general-company"],"acf":[],"yoast_head":"\n