Sweden’s leading companies involved in development cooperation
Today, Wednesday May 28, the Volvo Group is meeting with representatives of Sweden’s leading companies and Sida, the Swedish International Development Cooperation Agency, ahead of the next stage in Sweden’s development cooperation strategy. Through this new partnership for global sustainable development, these major actors will actively help drive sustainability issues globally and contribute to Sweden’s work with the new global development targets.
A network called Swedish Leadership for Sustainable Development was formed a year ago, when corporate leaders from twenty of Sweden’s top companies, including the Volvo Group, adopted a joint declaration on sustainable development. These companies have a combined turnover corresponding to half of Sweden’s total GDP and backed by this strength, broad-based new forms of cooperation were created to find solutions to several of the global challenges facing the world.
The centre of gravity in the world economy has shifted and many of today’s so-called developing countries are in fact important growth markets. At the same time, there remain many obstacles to sustainable economic, social and environmental development. Sweden has a unique tradition of close cooperation between state, business and society, and now the new network is taking the lead to jointly contribute to innovative solutions that are sustainable in the long term.
When the corporate heads meet again today with Sida, they will present the way ahead, focusing efforts in areas such as:
- Smarter resource utilisation and reduced environmental impact
- Better working conditions at suppliers
- Improved legislation and labour laws
- Anti-corruption measures
- Provision of occupational training
Working together with Sida and its American counterpart, USAID, the Volvo Group will start apprenticeship courses to train bus, truck and construction machine mechanics and drivers in ten African countries. The aim is to contribute to those countries’ growth while at the same time creating a market for the Group’s products.
The members of the network are: Axel Johnson AB, Boliden AB, Elekta AB, Ericsson AB, Företagarna AB, H&M Hennes & Mauritz AB, ICA Gruppen AB, IKEA, Indiska Magasinet AB, Investor AB, Löfbergs Lila AB, Ratos AB, Sandvik AB, Scania AB, SEB Skandinaviska Enskilda Banken AB, SKF Svenska Kullagerfabriken AB, SPP Liv Fondförsäkring AB, Stockholm Environment Institute (SEI), Stockholm Resilience Center (SRC), Stockholm International Water Institute (SIWI), Swedfund AB, Systembolaget AB, Tele2 AB, Tetra Laval Group, Unilever and the Volvo Group.
More facts on Swedish Leadership for Sustainable Development
SLSD is a network consisting of about twenty leading companies with a Swedish link, which together with Sida work towards sustainable global development and a reduction in poverty the world over. On May 13, 2013 a declaration was adopted regarding four key areas in which we will work together: reduction of negative environmental impact, creation of jobs with decent working conditions, reduction of corruption, and in a more holistic perspective integration of sustainability in core operations and business models. Within the framework of the network, the companies and Sida exchange information while at the same time promoting and driving new projects.
For more information about our work and the companies that are part of the network, visit www.sida.se/swedishleadership