Not all supply chains are the same, and not all of them are limited to structured factories or facilities. Difficulties arise when monitoring labor standards in informal sectors, such as evaluating environmental or social standards. This was the driving force behind inclusive compliance.
From NextBillion Espa?ol: Funding for Inclusive Business is a major issue. To take a look at the state of this field in Latin America, we consulted with some funds that operate in this region and learned their perspectives. Today we share the interview we did with Leonardo Letelier, CEO of the recently launched Brazilian social fund, sitawi.
You may wonder about the actual differences between a Hybrid Value Chain, Corporate Social Responsibility, Base of the Pyramid and Inclusive Business. The field of market-based approaches addressing social and environmental issues is still too nascent to start arguing over terms, but it may be worth clarifying some fundamental differences.