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A pointed question to Unilever’s CEO unmasked a conflict in conscious capitalism
When Unilever CEO Paul Polman and the writer Anand Giridharadascame together on Thursday (Sept. 27) for a panel discussion about “conscious capitalism,” there was bound to be some disagreement.
- Categories
- Entrepreneurship, Impact Assessment
- Region
- South Asia
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Symbiotic and Strategic: Why Businesses Should Embrace Nonprofit Partnerships
Imagine losing your sight. Now imagine losing your sight in one of the poorest regions in the world. With few quality eye doctors, hospitals or clinics, your chances of getting quality care would be small, and your opportunities to get an education or earn a steady income would slowly evaporate. Orbis CEO Bob Ranck explores how for-profit partners are helping his nonprofit tackle this issue - and why this sort of partnership makes good economic and business sense for both sides.
- Categories
- Health Care
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Press release: Circulate Capital Launches New Venture to Invest in Solutions to Ocean Plastic
The new Company evolved out of the “Closed Loop Ocean” project, following commitments made by Closed Loop Partners, Ocean Conservancy, and a number of corporate partners at the Our Ocean Summit in Malta in October 2017 to create financing vehicles focused on preventing plastic from flowing into the ocean.
- Source
- Press release
- Categories
- Environment
- Tags
- CSR, environment, oceans, social impact, sustainability, waste
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IDFC Foundation partners Vasudhara Dairy to bring Financial Inclusion to over 1000 villages
IDFC Foundation, the Corporate Social Responsibility (CSR) arm of IDFC Group, has partnered Vasudhara Dairy, to bring financial inclusion to over 1000 unbanked villages in the tribal districts of Gujarat and Maharashtra, using Financial Inclusion Devices or interoperable microATMs. This initiative will enable thousands of farmers to now access financial services in their villages. Farmers in these unbanked locations are compelled to travel 5-10 kilometers to reach a traditional ATM or bank branch.
- Categories
- Finance
- Region
- South Asia
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Viewpoint: Why Social Enterprise Can Be a Win-Win Scenario for Your Company’s Future
Ideally, a social enterprise wouldn’t just turn a profit; it'd be a business that practices corporate social responsibility, helping the outside world without having to rely on donations or adhere to the same guidelines as traditional nonprofits.
- Categories
- Entrepreneurship
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Report: Do companies walk the talk on investing in communities in India?
The third edition of IRBI 2017 report reveals that community development remains a significant thrust area for businesses for their social development projects, but a closer look reveals many shortcomings
- Categories
- Impact Assessment
- Region
- South Asia
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More and More CEOs Are Taking Their Social Responsibility Seriously
We are witnessing a big, transitional moment – akin to the transition from analog to digital, or the realization that globalization is a really big deal. Companies are beginning to realize that paying attention to the longer term, to the perceptions of their company, and to the social consequences of their products is good business.
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Stop Talking About How CSR Helps Your Bottom Line
Companies are also finding that CSR efforts — such as sustainability initiatives, corporate foundations, employee volunteer programs, and donations to charity — can be important tools for attracting and motivating employees. Research has shown that various forms of prosocial incentives (workers get rewarded not with money, but with the firm engaging in some act to benefit society) indeed increase productivity in simple and complex tasks, increase retention, and even lower employees’ wage demands.
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