By Wayne Visser and Chad Kymal Creating Integrated Value (CIV) is a concept and practice that has emerged from a long tradition of thinking on the role of business in society. It has its roots in what many today call corporate (social) responsibility or CSR, corporate citizenship, business ethics and corporate sustainability. These ideas also …
How Sustainable and Inclusive Activities are Changing Business and Why Companies Aren’t Changing EnoughBy Bhaskar Chakravorti, Graham Macmillan, and Tony Siesfeld / October 2014
Economic growth in emerging markets has outpaced the growth of the supporting institutions that make up the broader context in these markets. There are many “contextual gaps,” which can give rise to political, social and environmental challenges. For businesses, both multinational and local, these markets offer some of the most promising growth opportunities.
These businesses cannot afford to wait for governments, grassroots enterprises or civil society to close the contextual gaps; nor can they rely on prevailing business-as-usual practices to automatically overcome or resolve the gaps. Businesses must actively find ways to reinforce the contexts that support the very markets they need for sustaining their growth aspirations.With emerging markets accounting for two-thirds of global GDP growth over the past decade and about 40% of current global output, investing in contextual strength is becoming an essential business need.
That context has given rise to a new wave of growth in sustainable and inclusive business activities (SIBA). But as much as the adoption of SIBA has grown, it has a long ways to go. This report analyzes what motivates companies to engage in SIBA, what challenges they face, and provides a set of recommendations for what philanthropy can do to help advance and spread these essential changes in how business is done.
MANILA - An alliance of organizations and lawmakers reiterate the call to reduce poverty through the substitute Senate Bill 2210, otherwise known as the Poverty Reduction through Social Entrepreneurship (Present) Bill.
The Social Weather Station, in a recent survey, said some 12.1 million or 55% of Filipino families consider themselves poor, while some 9.3 million or 43% families claimed that they are food-poor. These numbers are above last year’s average of 52% and 39%, respectively.
While the country’s gross domestic product (GDP) grew during the recent years, Filipinos do not feel that their lives become better-off. and in a study made by economist Cielito Habito, he explained that the bulk of the country’s GDP which is 76.5%, represents the rise in aggregate wealth of the 40 richest families in 2010-2011.
And the PRESENT Bill promotes social enterprise as an important way of addressing poverty. Social enterprise is a vehicle by which poor can create their own wealth in addition to employment opportunities as they assume the role of workers, suppliers, and owners in their own community enterprises.
The Board of Investments (BOI) is drafting a program that will grant incentives to companies that will adopt inclusive business models in their respective operations, Senator Bam Aquino said on Monday.
“The BOI launched its intention to make ‘inclusive business’ a part of its criteria (in granting) incentives. (The agency) hasn’t come out with the guidelines yet but we are hoping it can do it soon. Once the guidelines that will allow businesses to avail themselves of incentives for working with poor communities are out, can you imagine how much value and the type of value we can unlock?” Aquino said at the Makati Business Club general membership meeting Monday.
Fifteen months ago, under the United Kingdom’s Presidency of the G8, Prime Minister Cameron announced the formation of a Social Impact Investment Taskforce led by Sir Ronald Cohen to advance the impact investing market worldwide.
More social enterprises in Singapore aim for profit and purpose Channel News Asia From there, we take that revenue and use it to fund stories about courageous people, social enterprises, and experimental travel." A-changin', another social...
Inquirer.net Philippines: Crop insurance against climate change for 800 Ilocano farmers Business Insurance The Philippine government will select at least 800 farmers in the Ilocos Norte region as beneficiaries of a crop insurance plan to cover them...
Economic Times Incubator Villgro invests in three start-ups Economic Times By Shonali Advani BANGALORE: Social enterprise Incubator Villgro has invested in three startups, marking its first set of funding this fiscal year.
Applications are open! click to read more about UNREASONABLE GLOBAL Open NOW through Jan 25th! Apply now! Location: Boulder, CO USA 2015 Institute Dates: July 2015 Open to ventures that: Operate anywhere in the world Are for-profit or non-profit Have achieved customer traction, meaning they have many customers/users and have the beginnings of a business…
Adara Group is an Australian corporate advisory business, Adara Advisors, and an international development organisation, Adara Development. The objective of the business is to fund the core support costs of the foundation. We work side by side with communities and children in remote areas in Nepal and Uganda to improve their lives through health, education and other development projects. We also aim to change the way people think about the role of business, and the power of business/non-profit partnerships.
Mandarin eSpeak is a division of Genashtim Innovative Learning, a social enterprise recognized by UNESCAP, ILO, The Nippon Foundation, ICEVI (International Council for Education of People with Visual Impairment), and the Asia Pacific Development Center on Disability.
Mandarin eSpeak is a live, one-on-one, face-to-face, online language coaching service for Mandarin Chinese. The language coaches are persons with disabilities, working from the comfort and safety of their homes in China.
What We Need & What You Get
With 6 language coaches and support staff who are blind or wheelchair-bound, we have been able to deliver a quality service with students and as well as working professionals and businessmen. Their testimonials can be seen here http://www.mandarin-espeak.com/testimonials.php
We need to recruit and train a larger number of persons with disabilities in China to be language coaches, in order to scale the business. Target is to hire and train and additional 30 persons with disabilities over a 3 month to 6 month period. The cost of trainers, salaries and allowances of the trainee coaches for 3 months will amount to US$ 50,000.
The Business Call to Action interviews Ricardo Michel, Director, Centre for Transformational Partnerships, US Global Development Lab at USAID Ricardo… (RT @OutofPoverty: USAID reevaluates development goals http://t.co/OZX2hbK2wf...
Launched at the United Nations in 2008, the Business Call to Action (BCtA) challenges companies to develop inclusive business models that offer the potential for development impact along with commercial success.
Morgan Stanley adds 'impact' portfolios in brokerage InvestmentNews Morgan Stanley already has about $3.5 billion in more than 100 products aimed at providing social benefits along with financial returns, said Hilary Irby, who leads the New...
Philippine Star Ateneo calls for entries for 'Social Entrepreneurship Venture Day Manila 2014' GMA News The competition is open to any resident of the Philippines and other countries in South East Asia not more than 35 years old; practicing social...
Thomson Reuters' peHUB (press release) LeapFrog raises $400 mln for social impact investments in Asia, Africa Reuters Investment bank JPMorgan and think tank Global Impact Investing Network estimate there is $46 billion in impact investments under...
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