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23 Armenian Companies And Organizations Join Un Global Agreement

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  • 23 Armenian Companies And Organizations Join Un Global Agreement

    23 ARMENIAN COMPANIES AND ORGANIZATIONS JOIN UN GLOBAL AGREEMENT

    Noyan Tapan
    Feb 28 2007

    YEREVAN, FEBRUARY 28, NOYAN TAPAN. The main issues of the February 27
    discussion "What is Corporate Social Responsibility and What is Done in
    Armenia in this Respect" were: what is corporate social responsibility,
    what approach does the government take to it? etc. In the words of the
    RA Deputy Minister of Trade and Economic Development Tigran Davtian,
    the idea of corporate social responsibility is a new one in Armenia
    and so difficult to comprehend. However, it is time for the private
    sector to engage in solution of social problems together with the
    state. "More than 80% of the economy is private, almost 90% of GDP
    is created in the private sector. So the private sector should also
    participate in solution of social problems," the deputy minister
    noted. In his opinion, there is no need to establish a body for
    introduction of this system in Armenia. "The existing governance
    systems are sufficient," he said.

    According to RA Deputy Minister of Labor and Social Issues Artsvik
    Minasian, economic entities should be involved in solution of such
    social problems, as unemployment, issues of the disabled, etc.

    It was noted that since 2006, the UN Global Agreement Office has
    functioned in Armenia with the aim of promoting corporate social
    governance. Among the principles of the UN Global Agreement are
    defence of human rights, elimination of all types of forced labor,
    etc. 23 Armenian companies and organizations have joined the Global
    Agreement, including Ashtarak Kat company, Tufenkian hotel network,
    Coca Cola and others.
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