The Asian Development Bank believes that firms with an “inclusive business” approach can offer much more than widely-practiced CSR activities — two different approaches that, if well managed, could really make a difference in achieving development goals, with the former anchoring the latter.
“Why is inclusive business an important factor in poverty reduction? Before it’s only perceived as the government’s responsibility, but now it’s also the work of the private sector,” Armin Bauer, principal economist of the bank’s regional and sustainable development department, told Devex. “Inclusive business is not [just] about corporate social responsibility or about giving a scholarship here and there to a poor person. That’s not what we’re talking about.”
In the new report, Inclusive Business – The Next Frontier for Corporate Responsibility, global businesses’ activities in this area were analysed, shedding light on opportunities, motivations and drivers, financing models and challenges.
We are living in a world where organizations are facing a complete lack of trust. From the banks and the BBC to Starbucks, companies and institutions are being tried in the court of public opinion and are found wanting.
Executives talk about increasing skills training and improving governance to make the benefits of capitalism flow to more people (Join MCA an start making $400+ every week just off of referrals, for every person you help join, you will be paid $…
Republica Kathmandu: Over 250 squatter homes were demolished when they sent bulldozers to the slum on May 8 last year. Around 1,000 people in the settlement became homeless and, with nowhere to go, are now forced to live in the open at the UN Park nearby.
Enter the wryly named iShack, or improved shack, a prototype built by a group of South African researchers in order to provide services in the settlements and upgrading existing shelters. The main goal of the design, which is malleable, is to equip informal homes with solar panels and energy-saving features that make them more livable.
Vision 2050 of the World Business Council for Sustainable Development (WBCSD) speaks of 9 billion people living well within the limits of the planet, requiring the basic needs of all to be met and billions being lifted out of poverty.
For the first time in history, more people live now in urban than in rural areas. In 2010, urban areas are home to 3.5 billion people, or 50.5 per cent of the world’s population. In the next four decades, all of the world’s population growth is expected to take place in urban areas, which will also draw in some of the rural population through rural to urban migration.
INCLUSIVE growth can be achieved if economic expansion is kept at the same pace in the next 10 years. However, the private sector can push this faster if it practices “inclusive business,” a government official said.
The Philippines needs to grow by over 6 percent for 10 successive years to achieve inclusive growth and eradicate poverty, a process that can be accelerated if the private sector will practice the concept of “inclusive business,” the country's...
The key to doing well by doing good is the “both and” or “return trip” nature of the effort, the actions that make a difference have both a meaningful impact on society and provide a tangible reward to the organization doing the giving.
Projections of urban growth indicate areas where biodiversity is at high risk.
The AAG Smart Brief is a fantastic source of geographic news. This is what they said about this article: "Areas such as tropical Africa and eastern China are expected to be hot spots of urbanization during the next several years, according to researchers, who used satellite imagery and other data to project future urban expansion through 2030.
Overcrowding is one of the main characteristics of slums, according to the UN Habitat Programme. Together with the lack of water and sanitation, non-durable housing and insecurity of tenure, this issue manifests the housing inequality.
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