Living Up To Our Mission: Our 2020 Annual Report
Living Up To Our Mission: Our 2020 Annual Report
The extent of the damage caused by the COVID-19 pandemic is, frankly, bewildering. For us at Yunus Social Business, both as individuals and as an organisation, 2020 was a year that posed huge challenges.
In the midst of these setbacks, one thing has brought us particular encouragement: through our partnerships with our funders, through our collaboration with our portfolio social businesses and through teamwork with our remarkable colleagues and team members, we have been able to carry out work which has shown us that we are an organisation that lives up to its mission and remains true to its purpose.
Discover more in our 2020 Annual Report.
LESSONS FROM COVID-19
For us, COVID-19 has made clearer than ever the importance of social businesses within our societies and economies throughout the world. How many times have we heard about “building back better” or increased focus on “stakeholder capitalism”? Social businesses represent the better, more inclusive capitalism that we all want to see, and businesses great and small throughout the world have a huge amount to learn from them.
Going forward, we at Yunus Social Business will continue to do everything in our power to finance and support these game-changing social businesses and bring more attention to them, as they deserve. At the same time, we will continue to work with corporations and support them in learning best practices from the fantastic social-business entrepreneurs in our portfolio and beyond.
Meet the Entrepreneur helping 18,000 moto taxi drivers to achieve their dreams. Michael from Tugende
Tugende is a Social Business that helps mototaxi drivers double their incomes by owning their motorcycles. They have helped over 18,000 motorcycle taxi drivers with higher incomes, including the drivers’ families, that’s over 85,000 people.
Are you ready for the LkSG in 2023?
Read this 5-minute article for an easy English overview of the Lieferkettensorgfaltspflichtengesetz or the German Act on Corporate Due Diligence in Supply Chains.
YSB partners with IKEA to drive impact by supporting local social enterprises
YSB is thrilled to announce our partnership with Ingka Group (the largest IKEA retailer) and IKEA Social Entrepreneurship B.V. to launch the Social Enterprise Partnership Programme (SEP). The programme supports local social enterprises to scale their existing businesses and create more inclusive and sustainable communities while meeting IKEA business needs.
