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Thematic Reports Private sector in urban regeneration  
   

2.4.7. Corporate Social Responsibility

 
   

Recently, the private sector has been encouraged to become more involved in social, cultural and environmental issues outwith its immediate concern. Sponsorship, grant making trusts, fund raising for ‘worthwhile causes’ have become a way in which business can show a ‘human face’. There are some examples of Corporate Social responsibility from the Entrust case study areas:

  •  “…national companies, have sponsored the operation by supplying construction materials and sponsoring the preparation of the architectural projects” (Lisbon)
     

  • “In several previous years, corporate social activity has developed in Vilnius. These are cases of e.g. assistance to cultural activities, help for disabled, homeless people, donations to development of city’s green areas, etc…20% are involved into regeneration of Uzupis/Paupys (e.g. have supported initiatives, organisation of area’s events, social activities of area’s inhabitants, and other). However, the situation seems to become more favourable as additional 28% of surveyed businesses intend to support the area’s development in the nearest future (Vilnius) 

  •  “The involvement of individuals from the commercial sector on social economy boards, e.g. the Managing Director of a local building company sits on the board of the GI trading arm – he gets no personal benefit. GI has an annual Open Golf event, attracting businesses to participate. This raises £7000 per annum that is given as grants to community groups.” (Glasgow)
     
  •  “Part of the objectives for the business network in Nord-Vest and Kgs. Enghave” (Copenhagen)

Not all countries appear to have developed the approach. “…the CSR strategies are anchored only to a low extend. We only know individual enterprises which send their managers to social facilities for a few days. In disadvantaged areas no considerable experiences have been gathered” (Hamburg)

(see appendix 4)

 
   
2.4.6. Intermediaries    2.5. Task sharing with and functions of private sector in urban regeneration  

ENTRUST is a research project supported by the European Commission under the Fifth Framework RTD Programme and contributing to the implementation of the
Key Action 4; “City of Tomorrow and Cultural Heritage" within the Energy, Environment and Sustainable Development thematic programme
Contract n°: EVK4-CT-2001-20007