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Design-MTS project concluded: cross sectorial action on corporate social responsibility needed in machine tool industry

The recently concluded multi-stakeholder Design-MTS project has facilitated enterprises in Europe’s Machine Tool Sector (MTS) to take a strategic approach to Corporate Social Responsibility (CSR) and sustainability. Since July 2013, Design MTS partners - in the partly funded European Commission project - have raised the bar for CSR in the machine tool sector by practically integrating a multi-stakeholder approach to raise awareness and socially responsible best practices and to enhance the visibility and value of CSR in the MTS sector.

As the project drew to a close in December 2014, it formulated the principles around raising awareness and communication on CSR and facilitating a strategic approach to CSR in the Machine Tool Sector. These principles are to bring about continued benefits in terms of risk management, cost savings, access to capital, customer relationships, and human resource management and innovation capacity.
 
The CEI has contributed to these project achievements by coordinating the elaboration of a Networking Strategy, aimed to ensure the sustainability of the project’s results, and of a specific Policy Recommendations: a public use document vastly disseminated to relevant Public Authorities in CEI Member States, as well as to respective national industrial, employers and other sector-based business associations.

Full press release available here
 
 

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