EFQM and DNV to collaborate on responsible corporate citizenship

A partnership between DNV and EFQM aimed at promoting responsible corporate citizenship was recently announced in Paris. Alain de Dommartin, chief executive officer of EFQM, and Miklos Konkoly-Thege, president and chief executive officer of Det Norske Veritas (DNV), signed a memorandum of understanding aimed at promoting responsible corporate citizenship through the effective use of leading-edge management practices.

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A handshake between Alain de Dommartin (left) chief executive officer of EFQM, and Miklos Konkoly-Thege, president and chief executive officer of DNV, seals the partnership agreement.

There are over 30,000 organisations which use the EFQM Excellence Model to improve their business. The EFQM Excellence Model is reviewed and developed to meet industry needs as well as to incorporate the latest management trends. DNV will contribute by working with EFQM to develop a framework on risk management based on the EFQM Excellence Model.

"We see many synergy opportunities in this partnership," says Miklos Konkoly-Thege. He is supported by EFQM's Alain de Dommartin, who believes that risk management is a key element in today's business. "We believe that this partnership will further enhance the knowledge and resources for those who are trying to improve their business," He says.

DNV and EFQM recognise that their organisations share similar goals and that their resources and competencies are complementary. DNV and EFQM are both independent network-based foundations with a global reach. Both are committed to changing managerial behaviour while promoting good business practices, taking into account social, economic and environmental issues.

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