The Fourth International Biennial Conference of the ‘Caux Initiatives for Business’, jointly hosted by Initiatives of Change (IofC) India and Japan, took place from the 19th to the 23rd of November 2011 at Asia Plateau, IofC Conference Centre in Panchgani, Maharashtra. The conference was themed “Making Growth Sustainable – Balancing Economic Growth and Human Responsibility”
The Caux Initiatives for Business (CIB) encourages business leaders, young professionals, NGO representatives, trade unionists, experts and decision makers to work together to bridge the gap between the theory and practice of values – in personal conduct and in economic life.
The Conference brought together business leaders from a number of countries like Japan, India, Switzerland, The United States of America, Australia, Germany etc. It achieved a lot, while strengthening Indo-Japanese relations.
In bringing together 139 delegates from 12 countries in various fields, it, on many occasions, resonated Jamshetji Tata’s famous words, “In a free enterprise, the community is not just another stakeholder in business but is in fact the very purpose of its existence”.
Keeping in perspective the global financial meltdown of 2008, the conference, through its speakers acknowledged the unavoidable interdependency of business organizations on the global economy and the responsibility of each of these organizations to the economy and its stakeholders.
It had representatives of major companies like The Tata group, Canon, Mahindra & Mahindra’s among others, presenting their strategies on Sustainability. The participants found it enlightening to understand the work being done for the community by major business houses in India.
Download full report – CIB 2011 Report (PDF)