"The GLOBAL VALUE project develops an innovative framework for assessing impacts of Multinational Corporations (MNCs) on issues related to the Millennium Declaration, sustainable development, human rights, transparency, and anti-corruption. To ensure utility, we will monitor the policy debate on global and sustainable development and deliver a regularly updated catalogue of goals and indicators. We will shed light on institutional arrangements; analyse systems of governance for responsible business practices; explore responsible competitiveness; assess the complementarity of public and private sector activities; and derive recommendations for decision makers in business, policy and CSOs.For addressing MNCs, the project will deliver a modular, user-friendly and customizable toolkit, including a web-based assessment platform, a tool navigator, a user guide, and training materials. It will take into account the most relevant pathways of impact (through business operations, community investments, regional, supply chain and product related impacts) and link up with powerful management approaches (such as supply chain management, life cycle assessment and base of the pyramid innovation).The toolkit will be tested in close collaboration with leading MNCs: BATA (garment, Bangladesh), OLAM (food, Tanzania) and MONDI (paper & packaging, Russia a.o.). Research organizations, CSOs, and sector experts from these countries are members of the consortium and ensure the involvement of stakeholders and local actors. Reflexive learning workshops contribute to a continuous improvement of the toolkit.The project is carried out by leading researchers from Europe and ICPC countries, and involves relevant UN bodies in an advisory capacity. Special emphasis is put on research capacity building in and networking with ICPC countries and CSOs. By establishing an ""expert crowd"" we take business, society, and policy perspectives into account - more than 200 experts are currently part of the crowd."