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Press Release: The ESG Power 50 Announces the Middle East’s 50 Most Influential ESG Leaders of 2022
The ESG Power 50 is an initiative launched to recognise the trailblazers in the Environment, Social, and Governance (ESG) function.
- Categories
- Environment, Investing, Social Enterprise
- Region
- North Africa & Near East
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Fewer ‘Heropreneurs,’ More Heroic Women: Grameen Foundation’s New CEO Discusses Her Vision for the Organization – And the Broader Financial Inclusion Sector
When Zubaida Bai was announced as the new CEO of Grameen Foundation last month, she says the news was often met with two reactions: “Wow, is Muhammed Yunus your hero, too?” and “Oh, Grameen Foundation — they do microfinance, right?” As Bai writes, these reactions highlighted some common misunderstandings about Yunus and Grameen Foundation — and about the real heroes behind anti-poverty work. She explores these misconceptions, and shares her vision for Grameen Foundation and the financial inclusion sector.
- Categories
- Finance, Social Enterprise
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Taking a Virtual Trip to the Last Mile: How an Innovative Program is Harnessing Virtual Reality to Advance Progress Toward the SDGs
Boosted by growing internet access and fueled by the pandemic, the virtual reality (VR) market has become the fastest-growing media segment, projected to reach US $185 billion by 2026. According to Julia Winterflood at Kopernik, the immersive nature of VR makes it uniquely suited to raising awareness of social challenges, and the technology is finding applications in the global development sector. She explores how Kopernik is leveraging virtual reality videos to document challenges faced by underserved communities and accelerate progress toward the SDGs.
- Categories
- Social Enterprise, Technology, Telecommunications
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India Wants to Leverage Its Stock Market for Social Impact. Will It Work?
India has approved the setting up of a social stock exchange. Experts say it will help fill glaring gaps in the country’s spending on socio-economic development.
- Categories
- Investing, Social Enterprise
- Region
- Asia Pacific
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A $500 Billion+ Market Opportunity for Real Impact: Three Ways Corporations Can Engage in Social Procurement
Social procurement – the practice of corporations buying products or services from social businesses – has gained substantial momentum in recent years. According to a report released earlier this year, the overall market volume of social procurement currently exceeds $2.5 billion, and it could reach $506 billion over the next decade. Jo Bautista at Yunus Social Business explores how corporations can get involved in social procurement, sharing three ways they can integrate social businesses into their value chains.
- Categories
- Investing, Social Enterprise
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IDR Interviews | Bill Drayton
In this freewheeling conversation, Bill Drayton emphasises that everyone has the right, and ability, to be a giver. And in today’s world where everything is changing, everybody can, and must, be a changemaker.
- Categories
- Social Enterprise
- Region
- Global
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Overcoming the Limitations of Donations: An English Education Nonprofit in India Transitions to Social Enterprise
Access to quality English language instruction has become a key to upward mobility in the developing world. But as Andrew Spearing and Nilabh Agrawal at Instilt Educate point out, for nonprofits in the English education space that are looking to rapidly scale, the donation-only model is a non-starter. They discuss the limitations of the nonprofit revenue model, and explore how Instilt Educate has navigated the challenges it has encountered in launching a paid element to complement its usual donation-based fundraising.
- Categories
- Education, Social Enterprise
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Social Enterprises Can Grow Their Revenue and Impact by Partnering with Corporations – Here’s How to Support Them
Against the backdrop of cascading global crises, a growing number of corporations are looking to social enterprises to advance their environmental, social and governance goals. To capitalize on this opportunity to scale social enterprises' revenue and impact, Alexandra Nemeth at MovingWorlds argues that support organizations like impact investors and accelerators should prioritize corporate readiness. She explores five key trends that are driving the momentum behind corporate partnerships with social enterprises, and five ways to build these enterprises' capacity for successful partnerships.
- Categories
- Investing, Social Enterprise