Business – Social Enterprise

//Business - Social Enterprise

Lawmaker urges more U.S. support for businesses that do good

A lack of U.S. government support is holding back businesses that seek to do good as well as making a profit, according to a Republican congressman who says the private sector often does a better job of solving society's problems. Tom MacArthur introduced a bill to Congress in 2016 seeking to establish a commission to

How #Goodtech Can Help Brands Change The World For The Better

We are living in an era of purpose-driven brands championing social impact: but how does a brand go beyond a tear-jerking TV ad to create sustainable positive change? One of the biggest paradoxes brands often face in tackling this problem is scale vs. impact. Advertising provides scale but little tangible social impact (beyond helping to

Economic inequality, politics, and capital

Economic inequality and campaign finance are two of the hottest topics in America today. Unfortunately, the topics are typically discussed separately, but they are actually intertwined. The rise of US economic inequality that economist Thomas Piketty chronicles in his renowned book Capital in the Twenty-First Century – starting in the late 1970s and continuing through today –

Artificial Intelligence as a Force for Good

With suicide prevention, every minute of response time matters. That’s why the technology team at the well-known nonprofit Crisis Text Line in New York City analyzed some 65 million text messages to determine what words were most statistically associated with a high risk of suicide. This scale of analysis would clearly be infeasible without some

Why Collaborations Fail

A few weeks ago, the board chair of a great social enterprise called me in distress. A collaboration he had nurtured was in disarray. He’d gotten ahold of an email that called the executive director and staff at his organization “uncollaborative.” He and I tried to figure out what was going on. We talked through the

A New Approach to Solving the US Housing Crisis

That rents are sky high in many major US cities should come as no surprise. In San Francisco, the average cost of a two-bedroom apartment is a staggering $5,043 per month, and even with one of the nation’s highest average median incomes of $96,677, the astronomical rents make the city unaffordable for a lot of people. In Boston,

Investing in hope – the U.S. billionaire seeking to combat joblessness

When George R. Roberts made his fortune in the freewheeling 1980s, money talked and greed was good. Now that the American billionaire is using some of that fortune to help others find jobs, it seems hope matters more than hard cash. That is the view of the head of REDF, the fund Roberts set up

Why Environmental Impact Bonds Are Catching On

Washington, D.C., had a problem. Like many cities with antiquated sewer systems, D.C. was under orders from the Environmental Protection Agency to reduce stormwater runoff that threatened the region's water quality. To solve the problem, the city wanted to experiment with "green infrastructure" as an alternative to building costly new pipes and pumps. But green

Can blockchain turn plastic waste into currency for the poor—and save our oceans?

David Katz was first awakened to the horrors of ocean plastic while on holiday in Manila, where the sight of high volumes of plastic waste was striking in the otherwise clear water of Manila Bay. Travels around the world opened his eyes to the extent and gravity of the problem: beaches with more plastic than

Meet the Women’s Bean Project

Michelle Potter has found a sense of self-confidence for the first time since she dropped out of school at age 14. A recovering meth addict, Potter, now 42, attributes her new lease on life to the Women’s Bean Project. Social enterprise investors who look for ways to use business to solve social problems are hailing the

UK investors are bringing light to lives in rural Africa

If you have ever endured a power cut, you’ll know how hard it is to manage without electricity, even for a short while. But for over 130 million homes in sub-Saharan Africa, living without electricity is a reality. Many rural villages have no access to grid electricity, so thousands of families rely on fuels like

How social movements are becoming part of corporate life

As #MeToo bloomed into a fully formed social movement in late 2017, PricewaterhouseCoopers’ D.C. office gathered for a meeting. The staff of the professional services firm had already received an email from U.S. Chairman and Senior Partner Tim Ryan in the days following a New York Times story revealing decades of sexual harassment complaints against Hollywood producer

Generating employment through Social Entrepreneurship

Back in the mid-1940s, when the contractors and middlemen were exploiting the milk producers, the establishment of Kaira District Cooperative Milk Producers Union Ltd., popularly known AMUL saved the day for the farmers in that area. The present-day Anand Pattern dairy cooperatives trace its origin to the establishment of a dairy cooperative at Anand in

Can Nonprofits Scale to Solve Community Problems?

It’s a familiar sentiment expressed by a local donor: The charity she supports is asking for money with increasing frequency. Yet nothing changes for the better, and now duplicate groups are popping up, all of them requesting funds to address the same problem. To her, the requests seem endless. She wonders whether the nonprofit organization

Canadian small businesses leading the way in sustainability

New research from the University of Waterloo shows that Canadian small businesses are important- and often overlooked- drivers of sustainability and the green economy. The Waterloo study, led by researcher Sarah Burch, discovered that eight out of 10 small and medium enterprises (SMEs) surveyed are already implementing sustainable business practices. SMEs make up 98.2 per

2018-05-16T06:27:43+00:00 Tags: |

Pairing access to finance and energy to solve global poverty

Beginning in the 1980s, microfinance emerged as a way to tackle the myriad challenges of poverty by focusing on financial inclusion. It was recognized that lack of access to basic financial services, such as a small loan, was preventing billions of people from raising their standard of living. As of 2017, 1.7 billion adults globally remain

Social Enterprise’s Missing Factor: Is There a Soul in the Corporate Machine?

A report from Deloitte entitled “The Rise of the Social Enterprise” certainly gets some things right, but it gets one very fundamental thing wrong—its retro framing of the whole topic. In fact, it appears to make the assumption that becoming a social enterprise has almost nothing to do with ownership and, well, we just do

Measuring the Hard-to-Measure

Mission-related investments (MRIs)—those that generate a financial return as well as seek to generate social and/or environmental benefits—have attracted several types of investors. Socially responsible investments (SRIs), environmental, social, and governance(ESGs), and impact investments are the most common approaches to making MRIs. It’s no secret, however, that assessing these dual-objective investments can be profoundly challenging. While

Social entrepreneur rides on sustainable, scalable revolutions through the Bambike

AT the peak of rush hour, on the last working day before a long weekend, Bryan Benitez-McClelland challenged his intern to an “impromptu intercity” race from Salcedo Village in Makati to Bonifacio Global City (BGC) in Taguig. McClelland rode his bicycle, while his intern took a motorcycle. The former arrived in BGC, parked his bike