Find your Place in the Enterprise Ecosystem – TBN Conference, May 25th London
A few years ago the provocative statement “Business is the only sustainable solution to Poverty”emblazoned the stage of the Transformational Business Network Conference. If pushed to apply hard economic realities, few would deny that it’s true. Establishing sufficiency and security in the world’s most troubled economies can only truly be accomplished by making the citizens […]
The ‘Bottom of the Pyramid’ Approach: Responsible Capitalism or Business as Usual?
Yesterday evening I took part in a Public Debate at Saïd Business School, organised by the Centre for New Economies of Development – a collaboration between the Universities of Oxford, Sussex and Edinburgh. The event also saw the launch of a new website to encourage academic discussion and knowledge sharing on the BoP: responsiblebop.com Below […]
At the State Dept., Contributing to an Impact Economy
Today at the US State Department in Washington, D.C., we are convening leaders across sectors and continents to discuss how we can work together to contribute to an impact economy by developing and deploying cutting-edge business and financial models that generate financial returns and positive social and environmental change. During our travels around the world, […]
The Challenges of Achieving Greater Transparency
Voûte, Nestlé Vice President and Global Head of Public Affairs At Nestlé we believe that actions speak louder than words. We have to deliver what we promise. We have to be transparent if we are to persuade our stakeholders, our partners, and our critics, that we are building our business in a long-term, sustainable way. […]
Creating a sales force of solar entrepreneurs
Which continents have the highest number of mobile phone subscribers? The answer isn’t Europe or the Americas, where mobile phones first took off, but Asia and, as of 2011, Africa. By the end of last year there were over 600m mobile phones subscribers from Cairo to Cape Town, according to research by the GSMA. This […]
iOnPoverty
Wall Street is facing a recruiting problem, reports the New York Times. The latest reminder that big banks are corrosive for careers of conscience comes from a NY Times op-ed piece by former Goldman Sachs executive Greg Smith who sharply describes a “toxic and destructive” workplace. Covet a career building economic opportunity and justice? Want […]
Goldman Sachs Versus Careers of Conscience
Wall Street is facing a recruiting problem, reports the New York Times. The latest reminder that big banks are corrosive for careers of conscience comes from a NY Times op-ed piece by former Goldman Sachs executive Greg Smith who sharply describes a “toxic and destructive” workplace. Covet a career building economic opportunity and justice? Want […]
Water Security and Improving Access to Safe Drinking Water
On Thursday last week (22 March), we at Diageo conducted a webcast presentation to our investor community on how being a sustainable and responsible company is critical in supporting, protecting and strengthening our reputation and driving long term value. Today, stakeholders are increasingly evaluating companies on their ability to support their growth prospects through broader […]
Beyond Microfinance: Can Government Cash Transfers Scale Up Financial Access for the Poorest?
What next after microcredit? The last few years of news scandals in the microfinance arena has created a gap in the credibility and viability of providing effective, low-cost and impactful financial services to the poor. Newer studies calculating the impact of microcredit find controversial development impact. SKS Finance’s $347 mn IPO (coming after Compartamos’ record-breaking […]
Resources for practitioners: inclusive business models in the energy sector
We are delighted to launch a new series of monthly Editorial Specials, in which we highlight our favourite resources on business and development. As the concept of inclusive business takes root and people move from ideas into action, an increasing number of sector-specific reports on inclusive business models have begun to come out. This month, […]
Fashion: A Catalyst for Change
The potential of the private sector to reduce poverty is well recognized; however, this has not been evident in the fashion industry. Fashion is one of the most globalized sectors, providing employment to more than 60 million people, mainly women and unskilled workers from poor economies. And it is expanding. According to Datamonitor, 2010, the […]
Winning with Purpose
Business has been a powerful force in improving the lives of millions of people on our planet – whether through product and service innovation, job creation or new opportunities for suppliers and distributors. Yet, I believe business can do so much more. As the Occupy movement has highlighted, huge inequalities remain – and companies such […]
International Development – The Role of an Enabling Business
FRSA, Head of Corporate Responsibility, Herbert Smith LLP Global law firm Herbert Smith is currently engaged in a transatlantic experiment, one that is connecting lawyers from our London office with the Government of Sierra Leone. The experiment is designed to answer a question about what professional services firms can do to help developing countries grow […]
Interested In Joining DFID's Graduate Scheme?
Are you a recent graduate? Are you interested in working for the UK’s Department for International Development? Here’s you chance! Today DFID launched its new graduate scheme – a paid, 50 week development programme offering a diverse range of opportunities in areas from humanitarian response to private sector development. Successful candidates will undergo a structured […]
Interested In Joining DFID’s Graduate Scheme?
Are you a recent graduate? Are you interested in working for the UK’s Department for International Development? Here’s you chance! Today DFID launched its new graduate scheme – a paid, 50 week development programme offering a diverse range of opportunities in areas from humanitarian response to private sector development. Successful candidates will undergo a structured […]
Business Solutions to Enable Energy Access for All
Business solutions to enable energy access for all is the first major publication of the World Business Council for Sustainable Development (WBCSD) Access to Energy initiative. It has been released today to coincide with the launch of the International Year of Sustainable Energy for All by the United Nations’ Secretary-General, HE Ban Ki-moon. Addressing the […]
Villages in Action
It has been just over a year since we held the first ever globally broadcast Villages in Action conference. We did what had previously seemed impossible and a non-factor in the development complex. We dared to build a stage for “the poor” and handed over the microphone so they could be part of the global […]
The SAB Foundation Invests in Social Innovation
The inaugural SAB Foundation Innovation Awards recently recognised innovators who are helping improve the lives of low-income South Africans. The Awards are part of the SAB Foundation’s focus on igniting a culture of entrepreneurship in South Africa as a source of economic growth, job creation and innovation. The awards aim to showcase and scale commercialisable […]
News: 30 Million Rural Poor in India and South Africa to Benefit from Banking Services
New York, 14 December 2011—Two companies announced today they will be providing banking services to more than 30 million low-income people in India and South Africa by 2015 through their commitments to the Business Call to Action (BCtA), a global initiative that encourages private sector efforts to fight poverty, supported by several international organizations including […]
Empowering Women Through Business
At a recent event in London organised by Business Action for Africa, UK Department for International Development and the Institute for Development Studies titled: “Advancing Gender Equality through Business and Partnerships”, we discussed the compelling economic and business case for investing in the economic empowerment of women. We know that improving the economic position of […]