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Enterprise development

Encouraging enterprise development in our value chains

Background

The reach and scale of our business means we play a key role in the economic development of the communities in which we operate. Across our value chains, we seek to achieve both commercial advantages and benefits for local communities in the way we operate.

More about the issues

Our response

Where it makes sense we source locally, reducing our import and distribution costs and maximising local economic benefit. We also work closely with a number of global suppliers who are required to adhere to our responsible sourcing principles.

More on our response

How we're performing

Level assessment score

Enterprise Development and Value Chain Management

Chart the level assesment score: 2010 - 2.4; 2011 - 2.6; 2012 - 2.8; 2013 - 3.0 More on our performance

Local sourcing

Our African division sourced 52% of its agricultural crops from within Africa this year, achieving its target of 50% a year early.

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Views from our stakeholders

'I am positive that we will continue promoting new projects together, strengthening sustainable heritage conservation models for the development of our country'

Marcela Pérez de Cuellar
President of the World Monuments Fund, Perú

More comments and opinions