CSR - Current - Indian Secretary Bandyopadhyay meets State Secretary Storm.

31.05.2010

Indian Secretary Bandyopadhyay meets State Secretary Storm.

A high-ranking Indian delegation headed by the Secretary in the Ministry of Corporate Affairs (MCA) Bandyopadhyay visited the Federal Ministry of Labour and Social Affairs today. State Secretary Storm launched the visit by speaking with his colleague on Corporate Social Responsibility (CSR) in a globalised economy. This topic was discussed in greater detail in a dialogue event with various stakeholders in the afternoon.

The Indian delegation made up of representatives of the Ministry of Corporate Affairs, representatives of associations and managers of household-name companies was informed by representatives of the German social partners, that is the Confederation of German Employer Organisations (BDA) and the German Trade Union Confederation (DGB), as well as of the German Chambers of Industry and Commerce, and managers from Volkswagen AG and Telekom AG, a representative of the Federal Ministry of Justice, and the CSR task force at the Federal Ministry of Labour and Social Affairs, about current developments in the field of CSR and Corporate Governance, in particular with regard to the development of a National CSR Strategy. The Indian delegation also presented the Indian experience of this highly-topical issue.

Both Secretaries confirmed their commitment to sustainable, inclusive economic development and underlined that they attach considerable priority to responsible corporate governance. They stressed the particular importance of dialogue and of the exchange of experience between "global players" such as India and Germany.

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