Social enterprises

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One in 20 UK workers part of ‘hidden revolution’ to reform capitalism

One in 20 British workers - or 2 million people - have jobs with firms that seek to do good while also earning a profit, research showed on Wednesday, dubbing it a “hidden revolution”. Social enterprises also contribute 60 billion pounds ($79 billion) to the world’s fifth largest economy - 150 percent higher than the

How To Overcome The Gender Pioneer Gap

Earlier this year, Oxfam International reported that 1% of the global population generated 82% of the wealth in 2017. In March, Forbes reported that there are more than 2,200 billionaires in 72 countries, with a collective net worth of $9.1 trillion -- up 18% year over year. And in July, Jeff Bezos, founder and CEO of Amazon, became the richest

What Social Enterprises in the Global South Can Teach the North

A woman living in a rural village in Bangladesh is not feeling well. Getting to the nearest hospital to see a doctor would take two hours and be a considerable expense. Luckily, she lives in the same village as a young man who is a franchisee of Amader Daktar, otherwise known as Doctor in a Tab—an

Supporting social enterprises

You could say that supporting social enterprises is an easy way to do good in the world – if you have to buy hand soap or toilet paper anyway, why not buy from a social enterprise to support someone else changing the world? But how much of a difference does it really make? We crunch

The Competitive Advantage of Social Enterprises

Ann Yang and Phil Wong were the darlings of their local startup world in Washington, DC. The precocious founders established their venture, Misfit Juicery, while they were still Georgetown University undergraduates. Their idea was simple: Take fruits and vegetables that would otherwise be thrown away, and turn them into cold-pressed juice. Based on this simple idea,

Next stop, social innovation!

The concept of Drivers for Change, which took place for the first time last week, is simple: 100 entrepreneurial and creative 18-25 year olds spend 11 days travelling on buses together to visit social enterprises situated across eight UK cities including Bradford, Bristol, Edinburgh and Liverpool. The trip was inspired by Jagriti Yatra, a train journey which

Social Enterprises Get Boost From European Parliament

At the beginning of July, the European Parliament voted in favour of creating a label for social enterprises. The 77% majority sends a strong signal that Europe is ready to give further recognition of social and solidarity-based enterprises. The vote came after the European Parliament Committee on Legal Affairs and the Committee on Employment and

Low-Carbon Sustainability Transitions For Social Enterprises

The third sector of the economy, where social enterprises sit, has increasingly become a key driver of social progress where legislative and market failures occur. Social enterprises are a proven model for social change given the autonomous nature of the social-economic model they apply to reduce state social welfare dependence. The contribution of social enterprises

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,

How To Turn Your Passion Into A Successful Impact-Driven Business

Social enterprises combine passion and profits by building positive impact directly into the business model – and they are on the rise. More and more, consumers are voting with their dollars to support companies that have a mission. Recent research shows that 56% of U.S. customers won’t buy a brand they perceive as unethical, and 86% of Millennials believe company

How to Drive Competitive Returns with Impact Investing

Businesses that incorporate “material environmental, social and governance (ESG) factors into their strategy, operations and culture will outperform [others that do not] over the long term,” is the underlying philosophy at New York City-based Inherent Group, a family office that manages equity and debt investments. Two factors lie at the core of Inherent’s investment philosophy,