The time to accelerate the “S” in ESG is now
She looks up with tears in her eyes and explains in Bengali that her children are now too old, and she missed her chance to get the legal allowed months for mother’s leave. The scene takes place in a small humid room in one of the thousands of factories in the ready-made garment sector in […]
Addressing Forced Labor from the Bottom Up
Forced labor, also referred to as modern slavery or involuntary work, is one of the most pervasive issues facing supply chains today. According to estimates from the International Labor Organization (ILO), there are 25 million people in forced labor. Forced labor can take many forms in the supply chain from debt bonded labor to underage/child […]
Businesses Share Employment Practices to Eradicate Poverty
Last Thursday was International Day for the Eradication of Poverty. Whilst ending poverty is a motivating goal, it is not always clear how to work towards this lofty ambition through day-to-day business operations. In a new toolkit, Reducing Poverty through Employment, members of the Global Impact Sourcing Coalition (GISC) have collaborated to share their experience […]
On Purpose
Larry Fink’s annual open letter to corporate CEOs is fast-becoming a fixture at the start of the year. Fink’s views matter. They carry weight. He is, after all, the co-founder and now Chairman and CEO of BlackRock – the biggest money-management firm in the world with more than $6 trillion in assets under management. His […]
Most Millennials Will Only Work For Purpose-Driven Firms
The most attractive companies to today’s talent are driven by purpose, according to London Business School (LBS) experts. “Maybe we will stop talking about purpose in 10 years’ time because it will just be ingrained in any organisation as a taken-for-granted – that any company that wants to be successful must pursue purpose,” said Alex […]
Growing Small Businesses Through Employee Volunteering
By Josh Bicknell, CEO and Co-Founder, Balloon Ventures and Rachael Barber, Head of Community Development, Citi EMEA In April 2016, Citi partnered with Balloon Ventures (Balloon) and VSO to launch the Volunteer Africa programme where bankers work with high potential micro businesses in East Africa, providing support and advice to help them grow. For Citi, […]
Supporting Entrepreneurs in the Pursuit of Peace
As a marketing executive, New York advertising executive Sabrina Prince has launched many brands. And after 15 years in the field she was looking to contribute her expertise to the global good. A Google search for “entrepreneur, peace, volunteer, women,” brought Sabrina to Bpeace, a nonprofit that matches business experts with entrepreneurs in challenged economies […]
The Power of Using Talent for Good
When considering the ways in which the private sector can advance global health and development and improve our world, a few obvious options come to mind. Funding is usually high on the list, as is research and development, but other interventions are in demand. Business acumen, supply chain knowledge and monitoring and evaluation expertise are […]
Four Ways Business Can Support Lasting Change in Youth Unemployment
Youth unemployment in the face of the growing youth population bulge is a problem on a massive scale. Raleigh International works in rural areas of countries where the problem is particularly severe. Without a doubt, this is one area where business has a critical role to play. We can only be successful through meaningful partnerships, […]
Corporate Volunteers from Syngenta are Honoured at First Ever VSO Volunteer Awards
A team of volunteers from global crop science company, Syngenta, have won an award for transforming the lives of marginalised farmers in Bangladesh. Team Leader, Anna Maria Klimza, picked up the award on behalf of her colleagues at a prestigious event in London earlier this month, hosted by leading international development charity, VSO. This award […]