Two new reports offer guidance to businesses on building mutually beneficial partnerships with not-for-profit organisations.
The Business Guide to Development Actors is a joint effort by the Prince of Wales' International Business Leaders Forum and the World Business Council for Sustainable Development.
It offers advice to business managers who are looking for partner organisations to enhance the sustainable development impact of their business. It was produced to plug a gap in companies' knowledge about partnership opportunities, which is thought to be holding back collaboration between business and development organisations.
The guide is aimed at operational managers and includes profiles of development organisations and information on how they interact with the private sector. The report says that, although a large number of development organisations are opposed to various aspects of corporate activity, increasing numbers want to work with the private sector.
IBLF operational policy manager Jonas Moberg said the guide was a response to growing private sector interest in collaboration on development work.
"It reflects the realisation that global challenges require the concerted efforts of different stakeholders, including business," he said.
Meanwhile, the World Economic Forum, which organises the annual Davos meeting, has published the fourth annual review of the development partnership work of a group of more than 40 senior corporate executives who form the forum's Global Corporate Citizenship Initiative.
Author Jane Nelson said the 40 partnerships reviewed "range from global coalitions to nationwide initiatives and local community projects. They include mainstream business alliances, long-term philanthropic activities and public policy dialogues."