Insights

Genuine ‘stakeholder capitalism’ must be fundamentally more than a shiny new logo upon swish marketing strategy with some philanthropy thrown in​
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Venture capital (VC) is a relatively new asset class but is already having a transformative impact on large sections of the global economy.
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Food entrepreneurship is a growing area of livelihood creation that has gained traction as countries search for ways to address the refugee crisis. We provide recommendations for how the business community can provide support to refugee food entrepreneurs.
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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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As world leaders in politics and business gather in Davos, IIED director Andrew Norton considers progress on the event’s ‘business with purpose’ agenda and asks how a progressive sustainability manifesto can omit climate change.
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The Prime Minister is hosting the UK-Africa Investment Summit (UK-AIS), which brings together businesses, governments and international institutions to showcase and promote the breadth and quality of investment opportunities across Africa. The ambition is to set the scene for thecreation of new lasting partnerships that will deliver more investment, jobs and growth.
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Timothy Fort returns to continue a series reflecting the intersection between culture, peace and business. In his latest contribution to Business Fights Poverty, Tim talks about the life of Nelson Mandela in the award-winning film, Invictus. ​
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The effects of climate change and global warming have created serious doubts over the continued existence of mankind. Why are we still debating the merits of marrying sustainability with business profitability?​
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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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We are approaching the darkest day in the Northern Hemisphere, the winter solstice on 22 December. It might be tempting to read that as a metaphor for this moment. But do not despair. All around us people have been standing up and taking action, and in the process inspiring us to do the same.
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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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A little over a year ago, I had just met Zahid Torres-Rahman for the first time in London. Having searched high and low for a meaningful next step up the career ladder, within five minutes of meeting Zahid I knew that I wanted to be a part of his organisation, Business Fights Poverty.
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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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What were your biggest social issues of 2019 and what do you think 2020 will bring? In this latest issue of Business Fights Poverty Magazine you can learn more from experts working in the space and hear direct from Katie Hyson, Director of Thought Leadership, on the key trends we can expect to be seeing more of in the coming year.
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Globally, an estimated £1.4 trillion changes hands in bribes every year. UK business has a vital role to play in tackling this corruption. But why should they do so?
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The world of technology is changing rapidly and the African continent is changing with it. For the first time in history, more than half of the world’s population is using the Internet – of all regions, the strongest growth has been reported in Africa.
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Across the globe girls and young women living in humanitarian crises are dreaming of a better life for themselves and their families. Girls tell us that they want to be pilots, doctors and teachers. For many of them, these aspirations will never become a reality. Instead, they are faced with impossible choices to secure their mere survival. 
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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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