The campaign to reform capitalism by making companies prioritize stakeholders could never succeed without getting large multinational corporations on board. Now that Danone, Laureate Education, and Natura have signed on, the B Corp movement is demonstrating how it can be done.
Until recently, most of the 3,422 companies (in 71 countries) that have become a B Corp have been small and medium-sized, but a growing number of large, established corporations are starting to undergo the certification process as well.
Interviews with millennial donors from the Silicon Valley startup world and conversations with MBA students show a pattern of overreliance on certain for-profit principles in the nonprofit realm, despite potential flaws.
Consumers will never solve the climate crisis. To build sustainability, business leaders must partner with government and society to re-focus their companies on new forms of market exchange.
Governments, foundations, and social enterprises that want to ramp up the production and distribution of medical equipment in response to COVID-19 and other ongoing threats need to assess the process holistically or risk overpromising and underdelivering on important aid. Part of a series on civil society's response to the pandemic.
With an understanding of these 10 funding models, nonprofit leaders can use the for-profit world's valuable practice of engaging in succinct and clear conversations about long-term financial strategy.
The key to creating a vibrant and sustainable company is to find ways to get all employees personally engaged in day-to-day corporate sustainability efforts.
The era of corporations integrating sustainable practices is being surpassed by a new age of corporations actively transforming the market to make it more sustainable. Open access to this article is made possible by The Regents of the University of Michigan on behalf of the Erb Institute.
Business leaders play vital roles in the nonprofit sector – as board members, donors, partners, and even executives. Yet all too often they underestimate the unique challenges of managing nonprofit organizations.
Understanding these six important differences will both facilitate better conversations and help channel funds appropriately.
