Social Enterprise

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These Social Entrepreneurship Trends Will Hit All the Emotions in 2020

Social entrepreneurship is gradually transforming into mainstream entrepreneurship. Over the past few years, we have seen an upsurge in the number of social initiatives. In fact, social entrepreneurs all over the world are increasingly realizing that they have the expertise, knowledge and persistence to make a huge impact on the lives of the people in

WATCH | Turning plastic waste into buildings

Plastic litters the streets of the coastal city of Abidjan in the Ivory Coast. UNICEF says that more than 280 tonnes of plastic waste (approximately the weight of 150 cars) is produced each day in the capital, with only about 5 percent recycled. An innovative project now seems to give a new life to the enormous amount

The new impact modeling approach that will change the way you think about social impact

The social impact space has come a long way since its founding. Academics and practitioners alike have fought for position on the for-profit -to- nonprofit spectrum, and distinction within the charitable -to- concessionary-returns -to- market-rate-returns spectrum. We’ve seen an evolution of its popularity as distinctions between doing well and doing good have dissolved. However, to

Younger Leaders Are Saving The Planet (And Us) As They Profit

Leader: Renee Pindus is an entrepreneur and co-founder of Arrive Well, a company that provides ‘clean’ and sustainable travel goods and accessories. She is also a reader, writer, macaroni & cheese aficionado, and cat-lover. Leadership lesson: Persistence is key. Building a business takes an extraordinary amount of work, and it most definitely doesn’t come easy. Life lesson: Always surround

Why a Social Enterprise Is Much More Than a ‘For-Profit’ Venture

Great enterprises begin with a simple idea. These are ideas born out of a need identified in our environment, a problem whose solution will bring relief to individuals or groups or communities at large. Considering the challenges facing India on food, clothing or shelter, with over 1.3 billion people, it is clear that India needs ideas that can alleviate

The Multibillion-Dollar Potential Of Social Innovation

Societies worldwide are facing changes on a monumental scale. We are already experiencing the consequences of aging populations, digitization and climate change. The emergence of artificial intelligence and advanced automation technologies, as well as the ability to manipulate the human genome will have a comparable impact. Will we be able to rise to the challenges

Treat Social Risk Like Any Other Risk to Avoid Business Disruptions

The ramp speed of business-disrupting social issues has accelerated in 2019. Mother’s Day triggered a backlash for Nike’s policy of reducing pay for some sponsored female athletes while pregnant, extending the criticisms and litigation on its gender equity issues. And, in Silicon Valley the modus operandi for many has been to build scale and worry later about social impact. This has

Meet the social enterprise fighting child labour through fashion

As the countdown to the 2019 Social Enterprise World Forum continues, one Ethiopian social enterprise is taking a lead in ending child labour through fashion. Established in 2009, Yefikir Design is a fashion design house with a much bigger vision than just fashion design. Yefikir Design is founded and managed by the internationally recognized award winning, Ethiopian

Greenwashing Is Out, Let’s ‘Out’ the Greenwashers

Business leaders are shifting their priorities, embracing the idea of the “double bottom line”, supplanting shareholder primacy with stakeholder primacy, and committing – at least notionally – to environmental sustainability. That’s good news, said Caroline Anstey, Senior Advisor to Sustainable Markets at the World Economic Forum. But not all of this environmental commitment is genuine.

Meet the green entrepreneurs taking the world by storm

The planet is changing and it is becoming more obvious by the day that the responsibility can be shared between a handful of companies. After Greta Thunberg’s poignant speech at the UN Climate Summit, it seems the environmental conscience has been elevated significantly overnight, with unconvinced individuals globally starting to realise how serious the climate crisis

Crowdfunding for Impact?

Individuals seem increasingly keen to invest in ventures that create social impact, and crowdfunding platforms are making this easier than ever. But there is a catch. Unlike professional investors or major foundations which rely on hard data and cost-benefit analyses, retail investors often base decisions on the emotional connection they feel in an investment opportunity.

The Ghost Workers Powering The AI Economy

Rightly or wrongly, the AI-driven world has come to typify the woes of modern economic life, as tech giants such as Facebook and Alphabet amass vast fortunes, due in large part to the huge quantities of data that users often freely provide them. Accusations of economic imbalance tend to be multi-faceted. Not only do these companies

How This Woman Successfully Launched An Ethical Shoe Brand With Zero Fashion Experience

Ten years ago, Bethany Tran went to Guatemala and had a transformative week that would ultimately change the trajectory of her career. Her friends had started a nonprofit that was working to break the cycle of poverty in the largest urban slum in Central America. It was her first time abroad and her first real

When will the first social enterprise have a huge IPO?

In a year where we have already seen Uber, Lyft, and Zoom go public, as well as African e-commerce platform Jumia, it’s clear that 2019 is shaping up to be the year of the tech IPO. These tech IPOs are going to mint hundreds of new millionaires and the occasional billionaire. Many of these newly

Social innovation in emerging Europe

Social innovation is now widely recognised as having the ability to enhance society’s capacity to act by turning social and economic challenges into opportunities. The global map of social innovation initiatives reveals countless approaches and successful stories which show the strength and potential of social innovation in many areas, not least education and poverty reduction,

Changemakers: social enterprise pioneer offers a green light out of poverty

How do you measure poverty? Ask Martín Burt, founder of deprivation-busting programme Poverty Stoplight. The model is now used in 27 countries around the world, using in-depth questionnaires and a traffic light system to help families pull themselves out of poverty. The Stoplight has been used by 120,000 households across the globe, and Burt is keen

Rise of the social enterprise and the future of work

What does it mean to be future-ready? What are the tangible changes that will take place in the workforce and workplace that HR needs to be ready for? What are the right questions to ask to help us reimagine the future of work? Finding the answers to these questions is no easy task, but the

How a Berlin startup is feeding 40,000 people a day

Two things struck Sebastian Stricker back when he used to work for the UN World Food Program: how little it cost— just 40 euro cents—to feed a child in a developing country for a day, and that there are still hundreds of millions of kids suffering from severe hunger. “At the same time, there were

Easing ‘classroom crisis’ in Côte d’Ivoire, brick by (plastic) brick

“This factory will be at the cutting edge of smart, scalable solutions for some of the major education challenges that Africa’s children and communities face,” said UNICEFExecutive Director Henrietta Fore. “Its potential is threefold: more classrooms for children in Côte d’Ivoire, reduced plastic waste in the environment, and additional income avenues for the most vulnerable families.”

This is what is still holding social entrepreneurs back

In an increasingly polarised world, obtaining 100% agreement for anything seems impossible. Yet, in our survey of leading social entrepreneurs across the world, 100% of respondents agreed on one point. Every social entrepreneur said they would do it all over again, despite: • 75% reporting use of personal funds to support their social enterprise •