Business

Business Innovations & Initiatives

It is remarkable how the agenda in this 50th edition of the World Economic Forum (WEF) Annual Meeting has shifted towards calling for a move to stakeholder capitalism, as issued by Klaus Schwab in the new Davos Manifesto. The theme of the 2020 forum itself is: “Stakeholders for a Cohesive and Sustainable World”.
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Beneficial household products such as solar lights, improved cookstoves, water purifiers, nutritional supplements and agricultural inputs can play a significant role in achieving the Sustainable Development Goals. But these products can’t make an impact if they don’t reach the last mile customers who could benefit from them.
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Activist innovators and intrapreneurs’ inspiration, thought leader and all-round cheerleader is our podcast interviewee this week – Maggie De Pree.
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While the social impact and business agenda is shaping up for 2020, we first wanted to share the most popular stories we published in 2019 with you. A huge thank you to the authors featured in this list and to all of you who made contributions. We hope these stories inspire you and welcome your submissions this year*.
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I have vivid memories, from the years I spent working on social impact in-house for big business, of scrambling for Board or Exec report around this time. ‘Please summarise the key social impact trends and the effects on business’, was the exam question. This year, I thought I would do the same for you. Feel free to borrow, comment and add your own.
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In the second part of this three-part series, which deals with challenges of digitizing indirect FMCG distribution channels in emerging markets, I explore why developing and deploying appropriate technologies to gather data has been a challenge and will provide some examples of how N-Frnds, a technology platform company focusing on digital distribution in emerging markets is addressing this challenge.
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Consumers’ expectations towards companies to act socially responsibly and take a stance on social issues have grown. A recent study showed that almost two thirds of consumers make purchasing decisions based on a company’s stand on social issues.[i] It also showed that 60 percent of consumers want to see companies’ values and stances more transparently, and 53 percent believe that companies can do more than governments to solve social issues. Through corporate advocacy, companies can show they are ready to act on issues that are important for them.
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Inequality is our era’s defining challenge. The new UNDP Human Development Report argues that we must overturn systemic drivers of inequality to narrow the human development gap for those furthest behind while addressing the risks posed by emerging inequalities. Collective action must be part of the solution, and business has a role to play.​
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Part I: Lack of data on indirect distribution networks Reaching the ‘last mile’ is imperative for consumer facing companies in emerging markets, however several constraints remain. In this three part series I will deal with some of these constraints and share some of the learnings and insights I have gained through my work at N-Frnds, a technology platform company focused on last-mile distribution in emerging markets.
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Inspiration spurs ideas and ideas spur solutions. I am personally inspired by working with a community of 42,000 non-profits and education institutions that are on the frontlines of change every day. 
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Over the past year, the UK Department for International Development, through the Inclusive Business Boost programme, has supported the development of knowledge products to help multinational corporations (MNCs) scale and replicate inclusive business initiatives. We are pleased to be sharing the full suite of resources with you here.
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“Enfin!” French CEO’s might smile at the new Statement of the Purpose of the Corporation signed by 181 American CEOs. To them, the idea that a corporation must serve the interests of all stakeholders is part of “savoir vivre” in business. It is therefore perhaps not surprising that France is leading on Corporate Impact Venturing, the practice of investing in startups with a positive social impact.
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The inclusive business cake has often failed to rise for multinational corporations, but some new recipes offer hope of better things to come
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Join us for a live written discussion with a panel of experts to discuss how corporates can use technology to make a deeper and more responsible contribution to inclusive business. Live panel taking place on Tuesday 19 November, 10-11am New York (3pm-4pm London)
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From a Guerrilla army in Ethiopia to leading welfare social entrepreneur – Hilary Cottam joins our podcast to share her wisdom.
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Join us for a live written discussion with a panel of experts to discuss how corporates can use technology to make a deeper and
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Have you ever considered setting up a social enterprise or pondered how to deliver really impactful communications? If the answer is yes, then this podcast is for you. Ravinol Chambers, Founder of the B Corp, Be Inspired Films, takes listeners on his journey from aspirational stockbroker, to monk, to award-winning filmmaker and social entrepreneur; whilst arguably providing 25 minutes of free coaching. 
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Business Call to Action to launch new Inclusive Business Management Practices Tool to guide multinational companies to scale their inclusive business initiatives 
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SDG 17 calls for a revitalisation of global partnerships. In India and Nepal, a social enterprise, Pollinate Group, is working in partnership to empower women to distribute solar energy products in informal settlements. Pollinate Group is partnering with Greenlight Planet and the Australian Department of Foreign Affairs and Trade (DFAT) through the Business Partnerships Platform.
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Dive into the world of business innovations dedicated to combating poverty. We spotlight transformative ideas and practices that are making an impact.

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