-
How Your Company Can Become a Social Innovator
The World Economic Forum’s Global Agenda Council on Social innovation defines social innovation as “the application of innovative, practical, sustainable, market-based approaches to benefit society in general, and low-income or under-served populations in particular." Traditionally associated with social entrepreneurs, this tool is increasingly being adopted by business. This is a trend to be welcomed, supported and replicated as companies – big or small, multinational or national – can contribute to taking the practice of social innovation to a significantly larger scale.
- Categories
- Impact Assessment, Social Enterprise
-
Getting to The Heart of Impact Investment in India
More and more people are becoming familiar with the related concepts of impact investing and social entrepreneurship. These ideas are commanding increasing attention in business, academia and government, and also among the public at large, with hundreds of articles and dozens of research studies. MBA graduates want to get in on a piece of the action. Billions of dollars have been flowing in, away from traditional NGOs, to this new model of socio-economic development that harnesses market forces. And some political leaders are also taking note, in emerging markets like India as well as developed countries like the UK and US.
- Categories
- Environment
- Region
- South Asia
-
Involver – Social Volunteering: An App That Brings Together Humanitarians, the Gamification Way
A barrier that those looking to give back to the community most often face is not knowing how and where to start. Even for corporations, while corporate social responsibility (CSR) is gaining ground, it is still an uphill task to bring together a largely distributed workforce and quantify impact of contributions in terms of CSR.
- Categories
- Technology
-
The Color of Money: A Top Bank and Nonprofit Take Aim at the Racial Wealth Divide
We started writing about the Corporation for Enterprise Development a year ago, when we talked to its founder, Bob Friedman, about how the organization got its start, and where it is going with addressing asset-building and financial inclusion for low income Americans and people of color. Now, CFED has announced a new partnership with JPMorgan Chase & Co. to bring asset building initiatives to multiple cities across the country, starting with New Orleans and Miami this spring.
- Categories
- Uncategorized
-
WASH Can’t Be Achieved Without Business
The World Business Council for Sustainable Development (WBCSD) created the WASH Pledge, in which business leaders agree to provide clean water, safe toilets and good hygiene practices in all their workplaces under direct company control. Sara Traubel of WBCSD explains why: Universal access to WASH simply cannot be achieved without business.
- Categories
- Health Care
-
CSR and Financial Literacy in India
Abright orange bus is parked in Maralur Dinne, a village in Karnataka’s Tumakuru district. In the shade of that bus, 32-year-old Varalakshmi is trying her best to sell a garland of plastic flowers for Rs.20 to a woman who wants a discount.
- Categories
- Uncategorized
- Region
- South Asia
-
India’s “Health Camps”: The Drug Rep Will See You Now
Pharmaceutical sales representatives are screening people in India in return for prescriptions for their products while calling it corporate social responsibility. Frederik Joelving investigates.
- Categories
- Health Care
- Region
- South Asia
-
Vodafone India Looks to Double Impact of CSR Programme
Vodafone India wants to double the impact of its corporate social responsibility (CSR) programme. Last year, around 50 employees volunteered for CSR initiatives, working for eight weeks at 25 NGOs and impacting about 1 million lives.
- Categories
- Impact Assessment, Investing
- Region
- South Asia