guest commentary

Corporate cooperation with Impact

Katharina Jarmai

Issue 90 - spring 2021

Katharina Jarmai, FHWien der WKW
Katharina Jarmai, FHWien der WKW

Whether it's a pandemic, climate protection or respect for human rights: the challenges of our time are complex and call for changes at different levels. For a single company, global challenges often seem huge or too far removed from the core business. Cooperation with other companies or actors from research, politics and civil society can provide orientation and initiate urgent changes quickly and effectively. As part of the “Decade of Action”, the United Nations is also relying on multi-stakeholder cooperation to achieve the SDGs.

Even in the current corona pandemic, cooperative structures offer the opportunity to jointly make a contribution to overcoming the crisis. In spring 2020, for example, the "CoVIg-19 Plasma Alliance" was created to accelerate the development of a plasma-based treatment option for Covid-19. In this and similar partnerships, companies combine their strengths and resources to advance research, production and the global distribution of vaccines and drugs and to generate impact that would not have been possible on their own.

Katharina Jarmai is Senior Researcher at the Institute for Business Ethics and Sustainable Strategy (IBES) of the Vienna University of Applied Sciences of the WKW and conducts research within the Josef Ressel Center "CARe" Corporate cooperation for responsibility and sustainability.

Photo: Vienna University of Applied Sciences of WKW