Innovative Business Models

Innovative Business Against Global Poverty

Six Actions Businesses Can Take To Reduce Negative Impacts of Purchasing Practices on Human Rights

As Human Rights Due Diligence becomes increasingly important for businesses, Oxfam’s Private Sector Human Rights Advisor, Monica Romis looks at how purchasing practices have direct implications on the human rights of workers, sharing some of Oxfam’s research and highlighting concrete steps business can take for a more equitable sharing of rights and responsibilities through the supply chain.
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How can business-led innovation support refugees?

As the humanitarian landscape changes and COVID-19, with its associated economic turbulence accelerates need, business has a key role to play in supporting the livelihoods of refugees. The Business Refugee Action Network (BRAN) has explored the implementation of new, business-led approaches to employing refugees and reflected on the impact of COVID-19.
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Since the pandemic, many businesses have accelerated their strategies towards greater social purpose.

Are you a company considering Corporate Social Investing as a way to mainstream purpose within your business? Reach out to Sophie Faujour at EVPA on sf******@ev**.com for an informal chat and guidance. This article by Sophie also provides valuable insights.
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How can companies contribute to growth that generates benefits for society as a whole?

At the Business Roundtable for Inclusive Growth, Fundación CODESPA and a group of Spanish companies dedicated their 2020 annual research study to answer the question above. As a result, it has inevitably sparked another question: Is inclusive growth possible now, in times of socio-economic crisis?
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How Can Businesses Support Economic Inclusion for People in Extreme Poverty?

Before COVID-19, over 700 million people worldwide were living in extreme poverty. The pandemic could push an additional 150 million people into extreme poverty by the end of 2021. People experiencing extreme poverty already have limited access to health care, food, clean water, and public services. They face obstacles in accessing markets, employment opportunities, and financial services, and this inequality has only increased due to pandemic lockdowns.
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Inclusive businesses’ insights to staying resilient in times of crisis

Inspiring inclusive businesses have invested in their relationships with stakeholders, shared experiences and strengthened public-private partnerships to stay resilient during the Covid-19 pandemic and tackle the needs of low-income communities around the globe in times of crisis.
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Saving the lives of the rich and the urban poor through cross-subsidisation

Carolina Zishiri and Andrew Kaiser-Tedesco interview Temie Giwa-Tubosun, Founder and CEO of LifeBank; Africa’s healthcare supply chain engine. Temie has years of health management experience with the Department For International Development (DFID), World Health Organization, UNDP, and the Lagos State Government. In 2014, the BBC listed her as one of the 100 women changing the world. She was also recognised as an African innovator by Quartz and the World Economic Forum.
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Four lessons for businesses wanting to build more equitable supply chains through sustainable sourcing

We have seen during Covid-19 the importance of strengthening value chains so they can withstand external shocks and market volatility in the long term. James Jenkins share recommendations for businesses embarking on sustainable sourcing projects in developing countries so they can truly achieve impact for farming communities, in addition to commercial and sustainability goals.
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Alexis Geaneotes and Kathy Mignano

During this podcast we hear Alexis Geaneotes and Kathy Mignano from IFC share the latest thinking on inclusive business.
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Evaluation gaps, challenges and implications: Responsible business initiatives for sustainable supply chains?

Evidence on voluntary sustainability standards effectiveness and impact is strengthening, but little evidence exists on the efficacy of growing numbers of Responsible Business Initiatives (RBIs) which focus on entire corporate sustainability. Some are mature (e.g. corporate codes), others are more recent (e.g. sectoral multi-stakeholder initiatives, supplier capacity strengthening approaches, benchmarking initiatives, mobilizing investors). But quality evidence and rigorous synthesis is generally very thin across the board.
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Youth Perspectives on Our Future Economy

As part of Business Fights Poverty Online 2020, we teamed up with youth from around the world from the Economy of Francesco to organise a co-creative session dedicated to imagining and evaluating future economic models and to begin to co-create our future together.
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How can we mainstream “win-win” business models that work for lead firms and workers post Covid-19?

Join us and a panel of experts for a live written discussion, as part of the Business Fights Poverty Online 2020 Conference, to explore how we can mainstream “win-win” business models that work for lead firms and workers post Covid-19. Live Panel Tuesday 14th July 2020, 2pm -3pm BST
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How Can Companies and Investors Collaborate to Embed Purpose Authentically into Business?

A discussion paper on how business can authentically embed purpose across their business, and the role investors can play. With Unilever, GSK and Visa Inc.
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The post-COVID-19 world presents an opportunity for better business, but will it happen?

The business landscape could be irrevocably changed by Covid-19. But that is not necessarily a bad thing. Nothing provides perspective like a global emergency and as a result, companies will be judged more than ever on their raison d’être and the purpose that they serve.
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Early Insights From Four Practitioners in Response to the COVID-19 Crisis

As the COVID-19 pandemic reached their country and government took extraordinary lockdown measures, many Inclusive Businesses suddenly had trouble importing, producing, distributing and selling their beneficial goods and services. Some of them were able to quickly respond and sometimes even pivot their business models to continue serving their low-income consumers with essential products and services. Some of these pioneers shared early lessons with us via an online webinar.
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Inclusive Business Solutions to Poverty, Post COVID-19

Before the coronavirus outbreak, nearly five billion people were beginning to escape poverty and to benefit from globalisation’s reach to developing countries. But there were the “bottom billion” of the world’s poor whose countries, largely immune to the forces of global economy, were falling farther behind and were in danger of separating permanently from the rest of the world. After COVID-19, the situation of people at the bottom of the pyramid (BoP) will only worsen if decision-makers, including business leaders — major drivers of social mobility — don’t take an innovative approach to facing the challenge.
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How Can Companies and Investors Collaborate to Embed Purpose Authentically into Business?

Join us and a panel of experts to explore how companies and investors can collaborate to embed purpose authentically into business. This live written discussion takes place on 18 of June 2020, 11:00am-12:00pm BST
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Put Collaboration at the Heart of Global Efforts to Re-build MSMEs Post COVID-19

New guide provides insights on how sectors can work together to remove the systemic barriers that stand in the way of MSMEs re-building from the crisis
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The Informal Economy is Complicating Government Responses to COVID-19: Will the Crisis Push Millions Toward Formality?

As COVID-19 spreads in countries around the world, governments have already started to address the economic and livelihood challenges posed by the constraints the pandemic has put on behaviour and employment. These measures will help cushion the impact of COVID-19 on employment in wealthier areas. But what about lower-income countries?
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Three Promises Lidl Has Made to Protect its Food Workers

Supermarkets have become one of the few vital services still functioning during the global Coronavirus pandemic. Supermarket staff deserve great respect for keeping customers safe and supplied with food to sustain us through this unprecedented crisis.
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What do we mean by "Innovative Business Models"?

Explore innovative business models to fight global poverty effectively. Our initiatives focus on practical solutions that deliver real change.

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