Businesses have become big players in the production of knowledge. Deloitte and PriceWaterhouse Coopers are exemplar powerhouses of social impact research.
MEs have many of the same reasons for engaging in CSR that large companies have, both in avoiding downside risk and in exploiting upside opportunities. In many cases, they may also be more intrinsically, if not better motivated, to give CSR attention.
As we take time as a country to reflect upon the issues that led up to the impetus for a March on Washington in 1963, I wanted to take a moment to reflect upon the statistical data I would share with Dr. King if he were still alive today.
Everyone in Norway knows the word "dugnad," and most of us are accustomed to the term 'dugnadsånd' (the spirit of dugnad). The dugnad tradition has been around for a long time.
One of the lessons of Katrina is that private companies have an important role to play in filling the gaps between the public sector and NGOs when it comes to disaster relief, and no company is too small to be a part of the solution..
Over-zealous capitalism is seen as having created much of our current predicament; philanthropic/charitable approaches are often perceived to be sticking plasters rather than cures, but social enterprise holds out the promise of changing the system and sustainably creating a better society.
An estimated 4.3 million people die every year (491 per hour) from diseases following household air pollution. This exceeds the number of people who die from AIDS, malaria and tuberculosis -- combined. A Bhutanese and Danish-based group hopes to solve this problem by using existing technology to provide a combination of fuel cookies and smokeless stoves.
Fortune Magazine has taken on a fascinating and very challenging task of ranking companies that are "changing the world" for the good. Their new list ...
Those companies that become most effective at communicating and connecting with today's top talent will not only be acquiring the best leaders of tomorrow, they will also be acquiring a better way to connect with the hearts, minds -- and wallets -- of tomorrow's most powerful group of potential customers.
Social responsibility is not immediately appreciated by the stock market and -- like any long-run investment -- takes many years to pay off. Thus, investors should not evaluate companies according to whether they meet quarterly earnings targets, but instead take a long-term view.
Organizations that help nonprofits understand where they can use more expertise and capacity, and then connecting them with that help, offer one key step towards solving the complex problems we face as a society.
In early August, I posted an excerpt from my annual letter as president of the Heron Foundation. In the letter, I discuss some of the things we think we learned by examining all the enterprises our endowment is invested in for social performance in 2014.
Here are four reasons why businesses everywhere -- from small start-ups to large multi-nationals - should join the effort to achieve our global development goals.
Recall the stock market crash of 2008: when consumers are afraid, they don't buy products and they don't invest. As the impact of climate change gets worse, consumers may just stop spending. As temperature extremes worsen, they might just stay home.
With cuts to federal, state and local funding that would otherwise provide basic transportation, meal delivery and affordable housing to senior citizens, there are tremendous, dare I say, heroic opportunities to serve.
In a world where addressing global social and environmental problems are still more prominent than ever, Impact Investing as an emerging asset class is the best new alternative for channeling large-scale private capital for social and environmental benefit.