ECCA Nepal understands that economic development initiatives and facilitations are effective and sustainable only if these initiatives are aligned with business principles. ECCA Nepal believes in global compact’s three bottom lines of sustainable development viz: -planet, people and profit. Since its establishment, ECCA Nepal has been working for the conservation and advancement of planet and people. Enterprise Initiatives (EI) is a new endeavour of ECCA Nepal walking-the-talk towards ‘think like business’
How does EI function
EI is established as an additional wing of ECCA. EI seeks to work independently as one of the departments as well as work together with other departments of ECCA. EI facilitates development and implementation of commercially viable projects and entrepreneurial initiatives.
Social Responsibility Defination of ECCA
Social Responsibility is the voluntary investment done by a company upon its people, society and planet beyond legal compliances, which in turn brings positive impact to its stakeholders. - (ECCA)
Corporate Social Responsibility
Corporate Social Responsibility (CSR) is another approach for EI to explore private sector world for resources. CSR being a cross cutting theme ECCA will be implementing CSR approach in different programmes of ECCA. The CSR approach focuses on the triple bottom line approach which is economic, environment and society.
Country Profile of Nepal in the Sphere of Corporate Social Responsibility
Bordered by two giant nations India on east, south and west and China on North, Nepal is one of the richest nations for biodiversity in the world. With an estimated population of 269 million and National Budget of NRs 285 billion for 2009-10 and a GDP of NRs 820.81 billion in fiscal year 2007-08 the Gross per capita income was 20,816 NRs in 2007-08 .
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ECCA has been backstopping Socially Responsible Business Development Network (SRBDN)
a multi-stakeholder forum since 1st January 2008. SRBDN has been successfully continuing since its establishment in the year 2004.
Facilitating NGO Private Partnership
In Nepal there is an apparent gap between the private and the NGO sectors. Private sector is increasingly under pressure to act responsibly and NGOs are looking for alternate and continual sources of funds apart from the conventional donor support. Thus, NGO Private Partnership is an opportunity for forging partnership between two sectors where ECCA acts as a facilitator to create a win-win situation between two sectors.
EI also involves itself in creating awareness and advocacy on CSR in businesses, NGOs, associations and academic institutions.
Private sector has been involved in the social activities for years. This sector has been practising its own way of social / philanthropic activities. The activities it has been involved in are more of one-time basis than a regular one. Therefore, keeping this thought in mind and having experience of working with both private and development partners, EI has come out with different development campaigns where both private and NGO sectors could partner up and achieve a win-win situation. These campaigns are developed under three board themes as- Environment, Health and Education.
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