Creating Value: 10 Strategies for social and environmental impact in businesses
Companies are being called to take on a broader responsibility than simply maximizing their profits. Social and Environmental Impact has become a crucial factor for the long-term success of any organization. It is not only a way to contribute positively to society and...
How social impact affects the third sector
The rise of social impact is significantly transforming the third sector. What role will foundations and philanthropy have if all companies become social impact enterprises, balancing economic performance with their positive societal impact? Here are some ideas I...
Social inequality continues to grow around the world
1.5% of the world’s adults hold 47.5% of the wealth (the “rich”), while 40% of the global population (the “poor”) hold only 0.5%, and the gap continues to widen each year (see image). The UBS Global Wealth Report 2024 presents several findings on the increasing social...
CSDDD: Corporate Sustainability Due Diligence Directive: Driving Corporate Responsibility in the European Union
Europe Takes a Giant Step in Leading the Purpose Economy GloballyWith a new mandatory law, Europe is making significant strides to drive companies that have not yet embarked on the path to social impact. The regulations will apply to EU-based companies and their...