Insights

Business Fights Poverty Fortnightly Round Up

Over the last fortnight we have focused on gender and equality. Catch up on the highlights of our Gender Summit that took place on 3rd December, and find out what businesses are doing to support women through gender-lens investing, tackling gender-based violence, and women’s economic empowerment. 
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Seeing Purple!

December 3rd was the International Day of Persons with Disabilities. When businesses and governments and international development agencies and influencers are thinking about how to progress the SDGs, many of those SDGs will only be fulfilled if there is a far more joined up and proactive approach to involving disabled people.
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Gender equality matters to business

Gender equality matters to business. Companies having more women at top level positions are not only more profitable, but also more sustainable. WBCSD launched LEAP, a new education program aimed at women and companies. It is designed to help women reach senior positions and ensure that sustainability is both embedded in their leadership and included in their company strategy. 
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Gender Summit 2020 – Webinar 2

Our webinar focused on the business role in responding to the surge in gender-based violence during the COVID-19 pandemic. Panelists discussed actions companies can
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Gender Summit 2020 – Webinar 1

Our webinar explored “Women’s Entrepreneurship Showcase,” providing a platform for women entrepreneurs to share their experiences and insights on supporting women’s economic empowerment. Through
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Covid: no ‘great leveller’ when it comes to women workers’ rights

As we mark this year’s 16 Days of Activism Against Gender-Based Violence, measures to tackle COVID-19 continue to exacerbate gender inequality worldwide. If we truly want to build back fairer, then businesses, civil society and governments must put women’s rights squarely at the centre of post-pandemic recovery plans, says the Fairtrade Foundation’s Alice Lucas.
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The Business Fights Poverty Fortnightly Round-Up

In the last fortnight, Business Fights Poverty joined with other business networks to call for renewed commitment to international aid; and highlighted how business is supporting young entrepreneurship, anti-racism, decent jobs, gender equality and tackling modern slavery. Plus, don’t miss our Rebuild Better Virtual Summit on Gender Equality on 3rd December 2020. 
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Making agricultural trade unions accessible to women workers

In October, THIRST organised a discussion to learn from Oxfam’s Juliet Suliwa and COLSIBA’s Adela Torres and Iris Munguia how unions in the Latin American banana sector have been successfully opened up to women, and how Malawian tea unions are starting to do the same. Read more in this article from Sabita Banerji CEO of The International Roundtable for Sustainable Tea
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Let’s open a conversation on research into modern slavery in business supply chains

We need more research to know how to effectively prevent modern slavery in business supply chains. It’s one of the main areas of focus of the newly created Modern Slavery and Human Right Policy and Evidence Centre, which invites business to the table to help make it happen.
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The Business Fights Poverty Fortnightly Round-Up

Last week, as the US Presidential election played out, the Business Fights Poverty team spent some days reflecting on the events of the past six months and looking ahead to the future. We were all struck by the way that networks such as Business Fights Poverty can provide a source of insight and resilience, as we face up to the significant global challenges that lie ahead. Read more in Annabel Beales’ Fortnightly Round up.
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Renewable energy investments can boost the Caribbean’s sustainable recovery: A green economic stimulus

The growing renewable energy sector offers a significant opportunity for advancing green recovery and economic diversification in the Caribbean. The disruption occasioned by the pandemic could be a kickstart to speed up these shifts. Read more in this article, the first in a series on Renewable energy investments, from the Clinton Global Initiative and Resilience Capital Ventures.
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Swiss to vote on holding multinationals responsible for supply chains

On 29 November, Switzerland will hold a nationwide referendum on the Responsible Business Initiative. A vote in favour of the initiative will make companies headquartered in Switzerland legally responsible for what happens in their supply chains.
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Business Fights Poverty Fortnightly Round-Up

What’s new this fortnight? Quite a lot actually! At Business Fights Poverty the mood is one of new beginnings, as we publish two Action Toolkits, launch a new Challenge with a Virtual Summit on Health, and learn new insights from across our network. 
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New tools for allocating capital to impact

Investor interest in impact and sustainable investing is mounting. But how do we know that an investor or fund manager is truly putting their money where their mouth is, versus simply re-labeling as ‘impact’ what they were already doing?
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Is impact investment our most effective tool for a sustainable recovery?

At the dawn of the decade, many global leaders lauded impact investing as a panacea to the $2.5 trillion funding gap the world needed to meet the SDGs. Now, in the midst of a global pandemic, does it hold the same promise?
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The Business Fights Poverty Fortnightly Round-Up

Business Fights Poverty’s inaugural Virtual Summit, on 15th October, will deep-dive into how business can help ensure health access for all. In the run-up, we’ve published several articles on this theme. Other offerings explore the opportunity of global value chains to create a more inclusive and equitable world. 
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Accessibility and affordability of healthy foods for all

Among the major inequities in the food system is the accessibility and affordability of nutritious and healthy foods across the world. Currently, around 26% of the global population experiences moderate to severe levels of food insecurity and lacks regular access to nutritious and healthy food.
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Food Fortification – An Enriching Opportunity

The Power of Nutrition partnered with the Bill & Melinda Gates Foundation to host an expert opinion roundtable on the role of the private sector to help create the multi-sectoral partnerships that will help drive forward large-scale food fortification. In this article, Mabel McKeown outlines some important themes that emerged from the session
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Disruptive, digital, and local: the new reality for Latin American MSMEs

So far, Latin American MSME sector recovery forecasts remain pessimistic, mostly since they have yet to face structural barriers such as informality, lack of access to markets and inclusive value chains, as well as low financial and digital inclusion rates. Consequently, some international projections remain that more than 25 million people will enter poverty levels after the crisis. Do we know what that means economically and ethically for humanity? FUNDES identifies three specific gaps that affect the development of Latin American MSMEs in the traditional economy:
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Why businesses must act now to tackle hidden labour in global supply chains

The global COVID-19 pandemic has exposed how much economies and societies rely on hidden labour: labour which is unseen, unrecognised and unpaid. This hidden labour is disproportionately borne by women and is one of the most entrenched barriers to gender equality. Businesses stand to make significant gains from recognising, assessing and addressing hidden labour, and now is the time for them to step up as a vital partner in the journey towards a more gender equitable world.
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