Big Business, Bigger Impact
“Let us bring the invisible heart of markets to those the invisible hand of markets has left behind,” said Sir Ronald Cohen during the Skoll World Forum opening plenary on Wednesday night, stressing that business and social good go hand-in-hand. Of particular interest to me within that paradigm was a session called “Big Business, Bigger […]
Building an Impact Investing Market
When the UK’s Department for International Development launched the Impact Programme, just over a year ago, we knew we were moving into new territory. Today, the Impact Programme launches two new reports: The Annual Report 2013 and The Impact Programme Market Baseline Study. The 13 Year Programme is at the vanguard of the UK Government’s […]
Getting Confused Over How to Support Social Enterprises
Although a community of organisations and actors unites around the loosely defined and variously understood concept of ‘social enterprise’, providing tighter definition is important in order for government and donors to offer targeted support. As part of a recent project reviewing social enterprise activities in Kenya and Vietnam, we at ODI used the following definition […]
Getting Ready for Success at the BoP
Having supported companies to enter BoP markets over the last decade, the European BoP Learning Labs and World Business Council for Sustainable Development (WBCSD) have learned about best practices in inclusive business innovation, marketing, last mile distribution, financing, partnering, and measuring results. To share their insights, the Learning Labs and WBCSD teamed up in 2013 […]
Moving India Toward Universal Financial Inclusion
As the Nachiket Mor committee report on financial inclusion in India continues to make headlines, we spoke with Mor to discuss its recommendations in detail. In part two of our Q&A, he covers issues that include: Why India needs to move toward a cashless economy; How India’s regulatory systems will need to evolve as more […]
A SIDA Perspective on the Private Sector
An Interview with Lena Ingelstam, Director of Partnerships and Innovations, SIDA – the Swedish International Development Cooperation Agency. The interview was conducted by the Business Call to Action. Lena Ingelstam is director of partnerships and innovations for the Swedish International Development Cooperation Agency (Sida). She has been working in Sida in a number of positions, […]
A Visionary Approach to Financial Inclusion
The words “banking committee report” and “excitement” aren’t often found in the same sentence. But there’s no other way to describe the reception the Nachiket Mor committee report on financial inclusion has received – both in India and globally. Commissioned by the Reserve Bank of India and released earlier this year, the report garnered headlines […]
Global Partnerships for a Post-2015 World
The case for development partnerships is clear: We know that in order to tackle the global challenges we face, we need to get important actors from different sectors to work together towards a common agenda for tackling complex problems like malaria, malnutrition, poverty, or environmental degradation. What we don’t understand well enough yet is HOW […]
Business and Development – A Leap of Faith?
Have you ever wondered what is really driving the many initiatives and investments that are taking place in the name of business and development? It was the first question I grappled with when I entered this field over 10 years ago. Yet despite the work of a great many organisations to better understand and quantify […]
Water and Energy – Interlinked and Interdependent
The theme of this year’s World Water Day is ‘Water & Energy’, highlighting the fact that the two resources are closely interlinked and interdependent. Energy generation and transmission requires utilization of water resources, whilst about 8% of global energy generation is used for pumping, treating and transporting water to various consumers. A third element that […]
Scaling Up Safe Water Provision
Three years ago, we were celebrating the launch of LifeStraw Carbon for Water – a ground breaking project developed by global health company Vestergaard, which invested US$30million to distribute gravity-fed water filters throughout the entire Western Province of Kenya. ClimateCare developed carbon finance that made the project possible and which provides a return on the […]
Fairtrade: Celebrating the First 20 years. What’s Next?
The Fairtrade Foundation launched its first products – coffee, chocolate and tea – 20 years ago. As one of the Oxfam types who sat around in the late 80s debating whether UK supermarkets would ever stock ‘alternative trade’ products, this is a moment to savour. We’ve come a long way. Sales in 2013 were £1.78 […]
Creating What’s Next for ICTs and Development
In less than a decade’s time, the majority of the world’s poor now own or regularly have access to a mobile phone. As a result, the internet and communications technology (ICTs) industry offers the newest and most relevant platform to reach the poor with essential services such as information, social networking, education, healthcare, employment opportunities, […]
The Ripple Effects of Investing in Women
On International Women’s Day, people around the world celebrate women’s achievements. In my home country of Papua New Guinea (PNG), there has never been a more important time to highlight the progress that is being made and the important link between investing in women and strengthening community and economic development. In 2012, I participated in […]
A Manifesto for Social Intrapreneurs
We define social intrapreneurs as ‘people within a large corporation who take direct initiative for innovations that address social or environmental challenges while also creating commercial value for the company’. Social intrapreneurs are typically, “going against the grain,” challenging their organisation, questioning the status quo to develop and implement commercially attractive sustainability solutions. Hence another […]
Will Ending Poverty Require Endless Economic Growth?
What is Progress? If you ask this question of most Americans, they’ll probably say something that implies continuing growth in material wealth — more stuff for more people, in other words. The overwhelming majority of professional economists would agree: progress means ever-higher economic output, which in turn means increasing use of natural resources and ever-bigger […]
Tweet Jam: Sustainable Fashion
How to Overcome the Fear of Working with the BOP
One of the reasons why companies and financial institutions fear entering the low-income market segment (the so called base of the pyramid or BOP) is the risk that this entails. The lack of knowledge about the preferences and tastes of this population, as well as their variable income stream are some of the factors that […]
Creating Shared Value Transparently
I have spoken in the past about the importance – and challenges – of being more transparent and sharing progress in meeting our societal commitments at Nestlé. For this reason, I am proud to share our 2013 Creating Shared Value report, published this week. In this year’s report we have taken another step forward in […]
Let the Lifecycle Be Your Guide
As a company that’s been helping to pioneer on sustainability for most of our 160-year history, we’re excited to have the opportunity to share some of our learnings through the Sustainable Apparel Series in partnership with Triple Pundit and other brands. Throughout this series we hope to share lessons, provide actionable insights, and examples of […]