While Coca-Cola is considered a lower-tier sponsor at COP27, Coca-Cola’s role has garnered an exceptionally large amount of criticism.
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.
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.
How Global Corporations Can Boost Local Renewable Energy Production: The Transformative Potential of D-RECs in Emerging Markets
If the world hopes to address climate change, large corporations must transition away from fossil fuels for their power needs. To that end, corporations can buy renewable energy certificates, allowing them to claim renewable energy use and meet their climate commitments, while providing needed funding to renewable projects. But as Beatrice Kennedy at Powertrust points out, emerging markets generally lack access to this solution. She explores how distributed renewable energy certificates (D-RECs) can address this gap, leveraging blockchain and open-source technology to create a global marketplace for renewable energy generated in emerging countries.