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When It Comes to Promoting Prosperity, Production Beats Consumption

Stanford Social Innovation Review

In this sense, many international development philanthropies are neglecting the most powerful route to prosperity: productive employment in a thriving economy. Historically, these resources have only materialized when countries have achieved massive expansions of economic productivity and opportunity. The empirical record is clear.

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ESG Needs a Shared Language

Stanford Social Innovation Review

While nonprofits and social enterprises tend to want to use it as a tool to force companies to contribute to the SDGs, investors want consistent measures to evaluate financial decisions (namely risk), and business leaders want not to incur higher costs. ESG for Assurance. scores and find themselves in most big E.S.G.

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Not Invented, But Scaled Here

Stanford Social Innovation Review

On one hand, social enterprises and other small innovative organizations can be an engine for conceptualizing, designing, testing, and validating new solutions to old problems. After introducing reading glasses to the product mix, the 33 percent margin on glasses significantly increased the margin on the Live Well basket of goods.

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Reimagining the Role of Business in Protecting Biodiversity

Stanford Social Innovation Review

To combat this crisis, governments and international bodies have turned to diverse policy frameworks for biodiversity preservation at national, regional, and global levels. Solugen is currently constructing a commercial biomanufacturing facility to scale production—and it is just one of many innovators in this market.

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In Search of Inclusive Social Entrepreneurship

Stanford Social Innovation Review

After some years, DJ Bola found out about the Artemisia accelerator program, the first social enterprise accelerator in Brazil. DJ Bola could fully realize the potential of his venture and started to attend events and form connections within the social entrepreneurship ecosystem.

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The Social Impact Investment Mirage

Stanford Social Innovation Review

Corporate promises of “partnership” and leveraging their buying power from social enterprises can also be elusive. The company has pledged to procure five percent of its spend from social enterprises and companies led by underrepresented founders by 2025. Consider SAP’s 2020 5 & 5 by 25 announcement.

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Putting Health at the Center of Climate Change

Stanford Social Innovation Review

Companies can also create goals for their environmental, social, and governance (ESG) strategies that both improve the well-being of suppliers in the near term and lay a foundation for them to minimize their environmental footprints in the future. To be both a business and societal success, the company must rethink its design.

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