Our Staff Writers and Editors offer insights on the latest news, events, interviews and other happenings from the development through enterprise and base of the pyramid universes
Wednesday, October 7, 2015 — Sub-Saharan Africa

Tigo Pesa Helps in Tanzania's Financial Inclusion

Source: East African Business Week Newspaper

By ensuring that mobile money services are brought closer to the people in rural areas, the company is complimenting the government’s efforts to even out any imbalances that prevent the majority of upcountry people from carrying out financial transactions in a secure manner writes LEONARD MAGOMBA.
Tuesday, October 6, 2015 — No Region Specified

Viewpoint: Responsible Investing Needs Better Steering

Source: Financial News

The focus should now be on environmental, social and governance investing, along with funds and index products that use these criteria.
Tuesday, September 29, 2015 — No Region Specified

Perspective: Corporate Social Responsibility has become a racket - and a dangerous one

Source: The Telegraph

It manipulated the pollution levels of its cars. It deliberately designed “defeat” software to fool regulators and, more importantly, customers into thinking it was hitting targets it was nowhere close to. And who knows, as the scandal unfolds, there may well be even worse revelations about the scale of corporate wrongdoing at the German car giant Volkswagen. It is now engulfed in a scandal from which the company may never recover.
Friday, July 24, 2015 — Sub-Saharan Africa

Social Entrepreneurs That Are Changing the Developing World


Corporate Social Responsibility is a trend that has been gaining more attention in recent years.
Wednesday, July 22, 2015 — No Region Specified

Viewpoint: “Social Responsibility” in Investments is Open to Interpretation

Source: Casa Grande Dispatch

Harvard psychologist Steven Pinker has a fascinating idea: People get nicer over time.
Wednesday, July 8, 2015 — South Asia

Can CSR Funds Make a Difference in Healthcare?

Source: Livemint

The statistics tell a grim story. India carries 20% of the world’s disease burden, according to data from the World Health Organization (WHO). About 75% of deaths globally are caused by communicable diseases, of which India accounts for 17%. A report published in May by British charity Oxfam says India records the highest number of maternal deaths in the world.
Wednesday, June 10, 2015 — No Region Specified

Press Release: Citi’s 2014 Global Citizenship Report Highlights Efforts to Enable Economic Progress in Communities Around World

Source: MarketWatch

Citi today released its 2014 Global Citizenship Report highlighting efforts underway in the past year to empower people, support economic progress in cities, and catalyze sustainable growth. The report, Progress: Responding to Global Challenges,examines how Citi lends, invests and facilitates growth through core business activities and philanthropic efforts, as well as partnerships and new approaches to address pressing needs.
Friday, May 15, 2015 — No Region Specified

Press Release: JPMorgan Chase 2014 Corporate Responsibility Report Reflects Focus on Cities as Engines of Economic Growth

Source: Market Watch

JPMorgan Chase & Co. today released its 2014 Corporate Responsibility report, highlighting steps the firm is taking to support economic growth and address critical challenges facing cities around the world. The report, Global Strength: At Work in Cities, features case studies of work the firm is doing to help cities address these challenges as well as innovative and sustainable solutions designed to create growth and opportunity.
Thursday, May 14, 2015 — No Region Specified

Report: Over One-Quarter of Investors Under 45 Have Significant Investments in Socially Responsible Companies

Source: ThinkAdvisor

Millennials and Gen Xers are more comfortable with robo-advisors, and women are more risk averse, according to surveys of investors and financial advisors. Now comes another difference between these investors and others: They are more inclined toward socially responsible investing.
Wednesday, May 13, 2015 — No Region Specified

Viewpoint: Philanthropy Starts After Profits Are Tallied

Source: The New York Times

Foundations are the new Birkin bags. Everyone who is anyone has one. Giving is now chic. Far from being in denial about it, many wealthy people fret over rising inequality these days, in public and in private.
Tuesday, April 28, 2015 — No Region Specified

MBA Careers Pack Social Impact as Schools Hone Corporate Responsibility

Source: BusinessBecause

The role of business in society has never been greater. The case for corporate responsibility strategies like product innovation, resource efficiency and diverse workforces grows ever stronger.
Thursday, April 2, 2015 — No Region Specified

Case Foundation, B Lab Team Up to Make Measuring Impact More Mainstream

Source: Forbes

The Case Foundation and B Lab recently announced a joint effort to encourage more businesses, especially those that aren’t triple-bottom line enterprises, to consider their social and environmental impact.
Wednesday, March 25, 2015 — No Region Specified

Saints Beat Sinners Again for Best Stock Picks

Source: Bloomberg

New Morgan Stanley research shows that whatever sustainability is, it seems to be working.
Wednesday, March 25, 2015 — No Region Specified

What Qualifies As CSR and What Does Not?

Source: Live Mint

Trees in your company campus, jobs for people with disabilities and fuel-efficient office cars may be good for the society and the environment. Continue the good work, but none of that counts as corporate social responsibility (CSR) under the law.
Tuesday, March 17, 2015 — South Asia

Is Corporate Social Responsibility China’s Secret Weapon?

Source: World Economic Forum

Today, we hear a great deal about Chinese M&A deals, Chinese money and investment pouring into diverse markets, and even Chinese loans being used to bail out struggling economies.
Wednesday, March 11, 2015 — Sub-Saharan Africa

Ekocenters to Empower Rwanda’s Women Entrepreneurs

Source: BiztechAfrica

Ericsson and The Coca-Cola Company have announced a pilot project to bring mobile connectivity to EKOCENTER, a social enterprise initiative designed to empower community well-being by bringing safe water, solar power and mobile communications, as well as basic goods and services to underserved communities. The pilot project will be conducted in collaboration with Tigo Rwanda and German start-up company, Solarkiosk.
Tuesday, February 17, 2015 — Asia Pacific

Of Social Business Ventures and Islamic Principles

Source: The Star Online

Interest in the area of social entrepreneurship has gained momentum in recent years. Many studies have been commissioned in this area, including comparative studies to clarify the concepts of conventional entrepreneurship and social entrepreneurship, and also social entrepreneurship with not-for-profit activities such as corporate social responsibility (CSR) initiatives, charity and voluntary work.
Wednesday, January 28, 2015 — No Region Specified

Unilever Boss Paul Polman Slams Capitalist Obsession with Profit

Source: The Telegraph

Paul Polman has criticised business leaders for putting profit ahead of sustainability, arguing that both can exist 'without compromise'.
Monday, January 26, 2015 — No Region Specified

Press Release: Brandee McHale Named President of the Citi Foundation and Director of Corporate Citizenship for Citi

Source: Market Watch

Today, Citi announced that Brandee McHale has been appointed President of the Citi Foundation and Director of Corporate Citizenship for Citi, effective February 1st. Ms. McHale will succeed Pamela Flaherty, who is retiring at the end of January after 46 years with Citi. Ed Skyler will remain Chairman of the Citi Foundation.
Tuesday, January 6, 2015 — No Region Specified

Never Mind Corporate Responsibility, Companies Can Solve Actual Social Problems

Source: Co.Exist

In the world of management research, Michael Porter is a rockstar. His "Five Forces" framework is a key tool in the field of strategy and his books have canonical status within MBA programs (even if most students haven't actually read all 592 pages of Competitive Advantage). In an industry known for fast-talking gurus, Porter—who teaches at Harvard Business School—is an intellectual.
Thursday, November 20, 2014 — No Region Specified

U.S. managed assets with socially responsible criteria rise

Source: Reuters

The share of U.S. managed assets invested with environmental, social or similar criteria rose 50 percent over the past two years, a foundation that tracks the field said, because of new disclosure standards and client concern about areas like climate change.
Wednesday, October 29, 2014 — No Region Specified

MBAs Drive Social Impact In Corporate Venture Capital Funds

Source: Business Because

Business school graduates are pioneering corporate venturing – venture capital funds run inside large companies that invest in social enterprises.
Friday, October 24, 2014 — No Region Specified

Impact investing won't replace philanthropy but will push firms towards CSR, says Rockefeller Foundation Chief

Source: Economic Times

A Q&A with Judith Rodin, the president of the Rockefeller Foundation.
Wednesday, October 1, 2014 — No Region Specified

Will There Be Enough ESG Investing Opportunities To Meet Demand?

Source: Financial Advisor Magazine

So-called “responsible” investing is gaining cred both with retail investors and institutional investors. But as Cerulli Associates points out in a recent report, the question is whether growing interest in green or responsible investing will translate into more investible opportunities in this space.
Monday, September 29, 2014 — Sub-Saharan Africa

How the private sector can pitch in to help combat Ebola

Source: Devex

While health workers on the ground continue to struggle to contain the Ebola outbreak in West Africa, the United Nations, international nongovernmental organizations and other donors are appealing to the private sector for help.
Wednesday, July 16, 2014 — No Region Specified

Motivating Corporations to Do Good

Source: The New York Times

Is it naïve to expect corporations to assist in addressing the social, economic and environmental challenges of the day?
Friday, June 20, 2014 — No Region Specified

'Firms should create CSR strategies in sync with their corporate character'

Source: Economic Times India

When Harvard Business School's V Kasturi Rangan conducted a seminar on managing corporate social responsibility in Mumbai two years ago, all of the city's top industrialists were in attendance.
Wednesday, May 7, 2014 — No Region Specified

OPINION via Tony O. Elumelu: CSR as an anti-poverty instrument

Source: The Hindu Business Line

In 2000, the United Nations made the historic announcement of eight Millennium Development Goals (MDGs). They were very specific and had a timeline of 15 years for delivery. Progress on most of these objectives has been encouraging, but as we look towards the next round of development goals, we must recognise how the world has changed since 2000.
Tuesday, April 8, 2014 — No Region Specified

Corporate Social Responsibility is About Looking at Problems as Opportunities

Source: Live Mint

Eggers says if a firm uses CSR activities to also promote its business, it should be applauded and not frowned upon
Thursday, January 16, 2014 — South Asia

Corporate social responsibility and India Inc: IT leads, finance lags

Source: First Post Business

Reporting on corporate social responsibility has been undertaken by almost three quarters (73 percent) of large Indian companies, led by the IT sector, shows a new survey by KPMG.
Tuesday, October 8, 2013 — No Region Specified

SAP Expands Social Sabbatical to China in 2013, Increases Service Assignments Abroad

Source: News Release

SAP AG (NYSE: SAP) today announced that it is now more than doubling the number of employees it sends to help entrepreneurs and small to midsize companies solve business challenges in emerging markets. This social sabbatical initiative by SAP is part of the company’s corporate social responsibility (CSR) strategy to foster education and entrepreneurship among disadvantaged communities. In this next phase of the program, SAP is investing €1.8 million to strengthen the leadership skills of 72 qualified employees and create sustainable impact in the selected countries.
Thursday, August 8, 2013 — No Region Specified

Fat profits: how the food industry cashed in on obesity

Source: The Guardian

Ever since definitions of healthy bodyweight changed in the 1990s, the world has feared an obesity epidemic. But the food giants accused of making us fat are also profiting from the slimming industry
Wednesday, July 24, 2013 — No Region Specified

Corporations and the fight against hunger: why CSR won't do

Source: The Guardian

There is an opportunity for the private sector to lead in tackling chronic malnutrition, but seeing it as corporate social responsibility or charity is damaging.
Wednesday, July 17, 2013 — Sub-Saharan Africa

TechnoServe and Nespresso partner to build a more sustainable coffee industry in East Africa

Source: Press Release

TechnoServe and Nespresso are launching a partnership in East Africa to improve the livelihoods of smallholder coffee farmers while creating a more sustainable source of supply for Nespresso.
Monday, June 17, 2013 — No Region Specified

Toms sets out to sell a lifestyle, not just shoes

Source: Fast Company

Founder Blake Mycoskie has set out to save the world with his "one-for-one" tagline. His critics say that giving alone doesn't solve a thing.
Wednesday, June 12, 2013 — No Region Specified

Help end poverty, World Bank tells private sector

Source: The Chronic Herald

The World Bank is undertaking an ambitious goal to end extreme global poverty within a generation by encouraging the involvement of the private sector.
Monday, June 10, 2013 — Sub-Saharan Africa

Google's Next Cloud Product: Google Blimps To Bring Wireless Internet to Africa

Source: Forbes

Not content with offering super-fast broadband in Austin and Kansas City, Google has plans to use blimps to deliver wide-area wireless internet connectivity in Africa and other emerging markets, according to reports in the the Wall Street Journal and a post on Google’s Africa blog.
Monday, April 15, 2013 — No Region Specified

Assessing private sector support of global health

Source: Devex

There is considerable excitement regarding the role that corporations and their foundations are playing in global health.
Friday, October 5, 2012 — No Region Specified

The VisionSpring Model: Creating Markets And Players Instead Of Empty CSR

Source: Forbes

Earlier this month, the Schwab Foundation announced its 2012 “class” of outstanding social entrepreneurs. Among them was Dr. Jordan Kassalow, the founder of an organization called VisionSpring that works to ensure that everyone in the developing world has access to eyeglasses.
Monday, October 1, 2012 — Sub-Saharan Africa

Accenture and VSO Give Entrepreneurship Award to Shoemaker from Sierra Leone

Source: Daily Finance

LONDON--(BUSINESS WIRE)--Oct. 1, 2012-- Accenture and VSO today announced that Umaro Kargo, a shoemaker from Makeni, Sierra Leone, is the winner of the Making Markets Work for the Poor: Entrepreneurship Award.
Tuesday, August 7, 2012 — Sub-Saharan Africa

Ugandan Billionaire Ashish Thakkar Launches Venture Capital Fund For Young Entrepreneurs

Source: Ventures Africa

VENTURES AFRICA – Ugandan billionaire businessman Ashish J. Thakkar, under the auspices of the Mara foundation, a non-profit enterprise of Mara Group, today announced the formation and launch of a venture capital firm – Mara Launch Uganda Fund to support the needs of today’s entrepreneurs.
Monday, July 16, 2012 — No Region Specified

Building the Business Case for CSR

Source: Environmental Leader

The business case for CSR is complex, yet, in a more sophisticated, inter-connected, post global-recession world, the business case is stronger than ever before.
Tuesday, May 29, 2012 — No Region Specified

Why Companies Can No Longer Afford to Ignore Their Social Responsibilities

Source: TIME

In 1970, the economist and Nobel laureate Milton Friedman published an article in The New York Times Magazine titled, “The Social Responsibility of Business Is to Increase Its Profits.” In the article, he referred to corporate social responsibility (CSR) programs as “hypocritical window-dressing,” and said that businesspeople inclined toward such programs “reveal a suicidal impulse.” Even four decades ago, at a time of growing public concern for the environment, his views represented the general skepticism and contempt with which many in Corporate America viewed CSR.
Wednesday, May 9, 2012 — Sub-Saharan Africa

Shopping for a Better World

Source: New York Times

To be successful in business today, a company must do more than just sell a good product. According to a recent study (pdf), 80 percent of Americans are likely to switch brands, if comparable in price and quality, to one that supports a social cause.
Friday, March 30, 2012 — Asia Pacific

BoP Boom in Japan Part I

Source: CSR Asia

The year 2009 was referred to as “The first year of BoP in Japan”. Not only did the Japanese translation of the late Prof. Prahalad’s “The Fortune at the Bottom of the Pyramid” received much attention, BoP market analyzation that focused on emerging markets in Asia and African countries gained wide recognition too.
Thursday, March 8, 2012 — No Region Specified

SC Johnson and Cornell Kick Off New Business with a WOW!

Source: Press Release

Cornell University's Center for Sustainable Global Enterprise and SC Johnson today announced the launch of a new product concept developed in partnership that hopes to generate a "WOW" from rural consumers in developing markets. Recently unveiled in the village of Bobikuma, Ghana, WOW™ is a membership-based club whose products and services help low-income homemakers care for their homes and families.
Wednesday, March 7, 2012 — No Region Specified

B Lab Releases First 'Best for the World' List of Businesses Creating Most Overall Positive Social and Environmental Impact

Source: CSRwire

'Best for the World' businesses score 50% higher than nearly 2,000 other sustainable businesses in most comprehensive assessment of overall corporate impact
Tuesday, February 14, 2012 — No Region Specified

Paul Polman, CEO, Unilever: Winning with Purpose - A message to members of Business Fights Poverty

Source: Business Fights Poverty

Business has been a powerful force in improving the lives of millions of people on our planet – whether through product and service innovation, job creation or new opportunities for suppliers and distributors. Yet, I believe business can do so much more.
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