If CSR can be Franchising, it's gonna be a great deal. In developing countries,CSR is a new concept, and if the Franchising CSR from developed countries can be prosperous, it will be like the franchising business of MacDonald. Very interesting idea!
Over seventy percent of active individual investors (71%) describe themselves as interested in sustainable investing, and nearly two in three (65%) believe sustainable investing will become more prevalent over the next five years, according to a...
If you’re early to a concert by Linkin Park, which one publication recently declared “The Biggest Rock Band on the Planet,” you’ll have many opportunities to make the world a better place. You can get your cheek swabbed by the folks from Love Hope Strength to see if you’re a [...]
Corporate social responsibility (CSR) is a growing consideration for businesses. The Country Review Reports (CRRs) compiled through the African Peer Review Mechanism (APRM) provide a unique lens through which CSR application in Africa can be gauged.
Salesforce.com recently released its most recent sustainability report, which covers the company's progress on operational efficiency and green building.
Posts with Skills-Based Volunteering on Information and insights on measuring philanthropy, corporate social responsibility (CSR), and corporate citizenship programs.
Business and NGO leaders debate how new collaborative business models are likely to evolve given the growing prominence of cross-sector convergence as a key priority for Africa.
“Africa is ripe for new partnerships and innovations in the sector”
Some of the fastest growing economies are in Africa, but several challenges still prevail. Too many children aren’t going to school and those schools frequently lack electricity. Malnutrition is still widespread and there is limited access to healthcare. Business has a role to play in addressing these challenges, but not just under the umbrella of corporate social responsibility (CSR); it may also present a market opportunity. Speaking at Accenture’s Sustainability 24 webcast, Christèle Delbe, head of sustainability for enterprise at Vodafone Group, said as the market saturates the telecoms company is looking for new ways to add value to its consumers and enterprise customers. Specifically, it is thinking about how mobility can be used in areas like healthcare, agriculture, education, urban development and engaging the supply chain. For the Cherie Blair Foundation for Women , the focus is on leveraging partnerships between corporations and women entrepreneurs. “Using technology in an effective way to support these women on the ground,” explained Sevi Semavi, the Foundation’s CEO. Mobile technology can help these women run their small businesses more effectively and efficiently, leading to gains in productivity and revenue. For example, women living in rural areas can track their orders on their mobile phones instead of making the journey to the nearest town. But Semavi emphasizes the importance of understanding the needs of these women. “Some are illiterate,” she said, so the organization needs to gain their trust and understand their motivations. According to Jessica Long, Managing Director – Accenture Development Partnerships, “Africa is ripe for new partnerships and innovations in the sector.” Accenture, for example, can apply its expertise in a not-for-profit model Long added. For Vodafone, there is a long journey ahead. “The train has left the station, [but] we haven’t arrived yet,” Delbe admitted. Interestingly, it’s not just about limitations in technology and cost to scale. “It is 20 percent about the technology and 80 percent about change management, leadership and making it happen,” she added. A lot of the money being spent on impact projects by corporations is CSR related, Semavi admitted, but she said there is a lot of willingness to turn them into market solutions. It will be “profitable on a big scale if we can find the right business model,” she added. For businesses planning social value initiatives, the panelists agreed that taking time to create the right partnership is key. Long said it’s also important to lay down everyone’s role and define success at the very beginning. Success parameters could range from an increase in women using mobile phones, increased graduation rates or a decrease in childhood deaths. As a commercial business, Vodafone understands that companies don’t perceive a commercial benefit from being involved. It’s about “understanding what the long-term commercial effect can be,” concluded Delbe. Watch any of the Accenture Sustainability 24 sessions online now. To see how the conversation played out on Twitter, search for #Sustainability24. Plus, here's a selection of the best Tweets from the session:
Our understanding of nature has evolved over the past few decades, from viewing Nature as little more than a struggle for survival through dog-eat-dog competition to one of networking, feedback loo...
Corporate Social Responsibility IS The New Norm. From Giving Tuesday to the Ice Bucket Challenge to Climate Week NYC, 2014 brought plenty of opportunities for companies to get creative with their corporate social responsibility initiatives and experiment with new types of engagement. As a whole, the corporate social responsibility industry continued [...]
If you resolved to be more informed and more connected in 2015, check out these 30 corporate social responsibility (CSR) pros to give that newsfeed a boost.
FSG has just concluded a year-long research project on creating shared value in the extractives sectors and will release a report with the conclusions from the research on October 27.
Editor’s Note: Matteo Tonello is Director of Corporate Governance for The Conference Board, Inc. This post is based on a Conference Board Director Note by Archie B. Carroll and Kareem M. Shabana, a...
Discover how companies around the globe are approaching corporate social responsibility (CSR), plus the top five things driving UK business to adopt more socially and environmentally sustainable business practices in 2014.
Executives at all levels see an important business role for sustainability. But when it comes to mastering the reputation, execution, and accountability of their sustainability programs, many companies have far to go. A McKinsey & Company article.
In what could be the highest CSR spend by an Indian conglomerate, the Tata Group spent Rs 1,000 crore on corporate social responsibility (CSR) in 2013-14.
Companies are increasingly expected to join with other organizations—both public and private—to address social and environmental problems. Here are seven ways to make such alliances successful.
Corporate Social Responsibility, Social Entrepreneurship, Ethical Branding, and Impact Investing are all ways that the global and local business environments are changing for the better.Through
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If CSR can be Franchising, it's gonna be a great deal. In developing countries,CSR is a new concept, and if the Franchising CSR from developed countries can be prosperous, it will be like the franchising business of MacDonald. Very interesting idea!