Business Purpose

Creating a meaningful mission and effecting positive change

What do we mean by "Business Purpose"?

The concept of “business purpose” transcends the traditional focus on profit maximization. It embodies the idea that businesses have a profound responsibility to create positive social and environmental impact alongside generating financial returns. This purpose-driven approach recognizes that businesses thrive when the communities they operate in, and the planet as a whole, also thrive.

Stanford Social Innovation Review is proud to present its first-ever global series of articles created in collaboration with its six local language partners—SSIR China, SSIR en Español, SSIR Japan, SSIR Korea, SSIR Brazil, and SSIR Arabia. The series, devoted to advancing equity, looks at inequities within the context of seven specific regions or countries, and the ways local innovators are working to balance the scales and foster greater inclusion across a range of issue areas.
RISE highlights the underrepresentation of women in leadership within the garment industry, revealing a disconnect between current programs and worker expectations. It advocates for addressing systemic barriers and redefining women’s advancement beyond supervisory roles, calling for industry collaboration to create a women’s advancement roadmap.
Watch this Workshop to learn from experts and practitioners from across our global community about future priorities and strategies for putting people at the