Business Seminar on Corporate Social Responsibility for Responsible Business

Business Seminar on Corporate Social Responsibility for Responsible Business

MBB Director and Senior Strategic Advisor to Microsoft Corporation, Dr John Vassallo, was a key note speaker at the European Year of Development 2015 event organised by MEUSAC in collaboration with the MBB and Malta Chamber of Commerce, Enterprise and Industry.

Dr Vassallo, while outlining today’s challenges in CSR, spoke of the role of private industry in development cooperation, which is to achieve faster innovation, bring connectivity, and create new catalysts and jobs.

Dr Vassallo was also part of the panel debate along with Serguei Outtara, President of the EU-Africa Chamber of Commerce; Stephen Pandolfino, Head of Wholesale Credit and Market Risk at HSBC Malta plc; Sonia Toro, Communications Director of the EU-Africa Chamber of Commerce; and William Grech, Chairman of NGDO umbrella organisation SKOP, who proposed to the business community the creation of a common fund contributing to projects that help reach development-related goals.

Dr Vanni Xuereb, Head of MEUSAC, introduced the seminar by commenting that “Corporate Social Responsibility is an important tool for the competitiveness of enterprises that can bring benefits in terms of risk management, cost savings, access to capital, customer relations, human resource management, and innovation capacity.”